Rayonier Releases 2024 Sustainability Report and Carbon Report
WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE:RYN) today released its , which highlights the actions the Company is taking to enhance the long-term sustainability of its land resources as well as the long-term well-being of its investors, employees, communities, and other stakeholders.
鈥淥ur vision for Rayonier is to realize the full potential of our land resources in meeting the needs of society,鈥� said Mark McHugh, President and CEO. 鈥淐onsistent with this vision, we鈥檝e been unwavering in our commitment to sustainability-related initiatives, and we are pleased to provide transparency into these efforts within our 2024 Sustainability Report.鈥�
Concurrent with the release of its 2024 Sustainability Report, the Company is also releasing its latest , which quantifies the carbon impacts across the Company鈥檚 value chain. In 2024, Rayonier鈥檚 forestlands sequestered an estimated 12 million metric tonnes of CO2 equivalents from the atmosphere versus estimated corporate emissions of roughly 2 million metric tonnes of CO2 equivalents. At year-end 2024, the Company鈥檚 forestlands stored an estimated 628 million metric tonnes of CO2 equivalents in total.
鈥淎s a signatory to The Climate Pledge, we are proud to be a member of a community of over 500 companies focused on achieving net-zero carbon emissions by 2040,鈥� continued McHugh. 鈥淎lthough our timberland assets sequester significantly more carbon than we emit in our operations on an annual basis, we are working to refine our processes and embrace new technologies to reduce our limited emissions.鈥�
The 2024 Sustainability and Carbon Reports can be found on the Company鈥檚 Sustainability web page.
About Rayonier
Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in
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Collin Mings
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Source: Rayonier Inc.
