MIAMI, FL-- Ryder System, Inc., a global leader in transportation and supply chain management solutions, has voluntarily participated in the Carbon Disclosure Project (CDP6), answering the project's comprehensive questionnaire that details the company's risks and opportunities associated with issues related to climate change.
The Carbon Disclosure Project, founded in 2000, represents some 385 global institutional investors, with more than $57 trillion in assets under management. As an independent not-for-profit organization, the Carbon Disclosure Project collects key climate change data from more than 1550 major corporations around the globe and has assembled the largest corporate greenhouse gas emissions database in the world. The Carbon Disclosure Project also works with multinational organizations to facilitate the collection of environmentally relevant data from their supply chains.
The Ryder submission outlines the Company's investment in technologies, programs, and processes that conserve energy and reduce emissions -- with both Ryder- and customer-operated vehicles and facilities. Among the strategies Ryder is using to improve energy efficiencies and reduce emissions are:
- Investments in vehicle emissions reduction technologies;
- Adoption of greener building designs and materials;
- Continued commitment to solid and automotive waste recycling programs;
- Accelerated driver training to promote fuel efficient behaviors; and
- Ongoing emissions assessments.
Ryder participates in the EPA SmartWay® Transportation Partnership as a Carrier partner for Ryder-owned vehicles and a Logistics partner for its supply chain operations, having earned the highest EPA Performance Score of 1.25 representing outstanding environmental performance. Ryder's RydeGreen™ line of EPA SmartWay® designated tractors and trailers enables customers of all sizes to improve fuel efficiency, reduce emissions, and meet tougher EPA emissions standards. The Company is also a member of the Business Roundtable Climate Resolve.
Though this is the first year Ryder has responded to the Carbon Disclosure Project, the Company has a long heritage of adopting environmentally responsible designs and processes because they are efficient, cost-effective transportation solutions that improve the Company's bottom line and bring value to its customers.
"Our emissions reduction strategy is closely aligned and integrated with our overall business objectives of improving transportation efficiencies and reducing fuel consumption," stated Bob Fatovic, Ryder's Executive Vice President, Chief Legal Officer, Safety, Health and Environmental. "We remain committed to leveraging our industry expertise and the latest technologies to help our customers execute environmentally sound operational practices that make them more efficient, agile, and profitable."
To obtain Ryder's complete submission to the Carbon Disclosure Project, and for more information about the Company's environmental programs and policies, visit Ryder's Green Center at www.ryder.com/greencenter.
Ryder provides leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. For more information on Ryder System, Inc., visit www.ryder.com.