Ryder System, Inc

Trucking

$ 105 2.2

Share price

$ 4.8 bn

Market Cap

$ 12 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

1.9x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8% weighted average for S&P 500

FY2021

Ryder System, Inc aims to reduce Scope 1 + 2 by 15% by 2024 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Ryder System, Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 766 Kt (-128 /-14.3% y-o-y). Also positively, carbon intensity decreased to 90,970,705 t (-9,130,919 /-9.1% y-o-y).

Ryder System, Inc's Scope 3 emissions increased marginally to 10,251 Kt (+17/+0.2% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 15% by 2024 from a base year 2018, which it appears to have already achieved as of 2020. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	766	682	84	10,251	0.00842	90,970,705
2019Q4	893	792	101	10,234	0.008926	100,101,623
2018Q4	868	750	118	10,677	0.008414	103,146,698
2017Q4	802	688	115	10,206	0.007297	109,960,532
2016Q4	878	748	130		0.006787	129,318,550
2009Q4	570	474	96