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Rayonier 2022 Sustainability Report: Greenhouse Gas Emissions

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Rayonier measures impact on environment, reports 40% reduction in ocean freight emissions, plans to improve measurement of emissions
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  • Rayonier reports a significant reduction of nearly 40% in ocean freight emissions compared to 2021, driven by decreased log exports from the U.S. South due to phytosanitary restrictions in China
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NORTHAMPTON, MA / ACCESSWIRE / September 21, 2023 / Rayonier

Rayonier has measured our impact on the environment by calculating the emissions associated with our corporate, forestry, and real estate-related operations during 2022.

We have estimated and broken down our emissions into Scope 1 (direct emissions from company-owned and controlled resources), Scope 2 (indirect emissions from electricity purchased), and Scope 3 (indirect emissions in the value chain-i.e., harvest and transport of our logs, forest management, and business travel). Approximately 25% of our Scope 3 emissions are associated with ocean freight, which reflects our participation in the log export market, particularly in New Zealand. As compared to 2021, the nearly 40% reduction in ocean freight emissions was primarily driven by a significant reduction in log exports from the U.S. South due to phytosanitary restrictions in China.

Moving forward, we are taking steps to improve our measurement of Scope 1 and Scope 3 emissions and are in the early stages of collaborating with our contractors to collect primary data from them to better measure our Scope 3 footprint.

For a complete analysis of our carbon footprint in the U.S. and New Zealand, visit our Carbon Report.

View additional multimedia and more ESG storytelling from Rayonier on 3blmedia.com.

Contact Info:
Spokesperson: Rayonier
Website: https://www.3blmedia.com/profiles/rayonier
Email: info@3blmedia.com

SOURCE: Rayonier



View source version on accesswire.com:
https://www.accesswire.com/786276/rayonier-2022-sustainability-report-greenhouse-gas-emissions

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