Rayonier Releases 2021 Sustainability Report and Carbon Report
23 Agosto 2022 - 5:15PM
Business Wire
Rayonier Inc. (NYSE:RYN) today released its 2021 Sustainability
Report, which highlights actions the Company is taking to enhance
the long-term well-being of its investors, employees, communities,
and other stakeholders. This report illustrates Rayonier’s
commitment to transparency around Environmental, Social, and
Governance (ESG) factors and how they are incorporated into its
strategic and operational decision-making.
Earlier this year, Rayonier completed a materiality assessment
to better understand the ESG topics that are most important to
external stakeholders. The results of this assessment, which are
presented in the 2021 Sustainability Report, identified sustainable
forest management, safety and wellness, talent recruitment and
retention, and business ethics and transparency as the topics that
are most impactful to both business outcomes and external
stakeholders.
“We are pleased to publish our 2021 Sustainability Report, which
provides further insight into the progress we are making on our ESG
journey,” said David Nunes, President and CEO. “The findings from
our materiality assessment reinforced the long-standing
cornerstones of our corporate values and strategy, which are
further detailed in the report. At Rayonier, we remain intently
focused on sustaining and enhancing the favorable environmental
attributes of our forests, investing in our people and communities,
and creating a healthy and inclusive organizational culture.”
New features of the 2021 Sustainability Report include
additional sections and expanded disclosures for Real Estate,
Public Affairs, and Cybersecurity. The report further provides an
update on key areas of focus outlined in the 2020 Sustainability
Report.
Concurrent with the release of its 2021 Sustainability Report,
the Company is also releasing its latest Carbon Report, which
quantifies the carbon impacts across the Company’s value chain. In
2021, Rayonier’s forestlands sequestered an estimated 14.7 million
metric tons of CO2 equivalents from the atmosphere versus corporate
emissions of roughly 350,000 metric tons of CO2 equivalents. At
year-end 2021, the Company’s forestlands stored an estimated 767
million metric tons of CO2 equivalents in total.
“Given the significant role that forests and downstream wood
products play in sequestering carbon, we continue to champion the
increased use of wood-based construction materials, which when
combined with the carbon sequestered in working forests, will allow
our industry to play a meaningful role in stemming the pace of
climate change,” stated Nunes.
The 2021 Sustainability Report, as well as the latest Carbon
Report, can be found on the Company’s 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 the United States and New Zealand. As of June
30, 2022, Rayonier owned or leased under long-term agreements
approximately 2.7 million acres of timberlands located in the U.S.
South (1.79 million acres), U.S. Pacific Northwest (486,000 acres)
and New Zealand (418,000 acres). More information is available at
www.rayonier.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220823005793/en/
Investors: Collin Mings, investorrelations@rayonier.com,
904-357-9100 Media: Alejandro Barbero,
alejandro.barbero@rayonier.com
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