Ryder Releases Corporate Sustainability Report and CDP Climate Change Response

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, has released the latest edition of the Ryder Corporate Sustainability Report (CSR) and the CDP Climate Change Response. Both report Ryder's policies, initiatives, and investments for managing the company's operations responsibly and driving continuous progress from January 1 through December 31, 2023.

"Everything we do at Ryder is focused on optimizing supply chains by improving efficiencies, conserving resources, and minimizing waste," says Robert Sanchez, Chairman and CEO of Ryder. "Doing business responsibly, efficiently and safely is a big part of our culture and translates to creating value for all Ryder stakeholders."

Ryder's 2023 CSR highlights environmental, workforce, safety and governance efforts and references the Global Reporting Initiative (GRI) Standards 2021, Sustainability Accounting Standards Board (SASB) Air Freight & Logistics Standard, and Task Force on Climate-Related Financial Disclosures (TCFD).

Ryder's 2024 CDP Climate Change Response provides more in-depth environmental disclosure. Since 2009, Ryder tracks and discloses emissions from its operations and reports its greenhouse gas inventory to CDP.

As reported annually in the CSR and CDP, Ryder's sustainability initiatives aim to improve the company's operations and to develop the best solutions for customers. Ryder's employees and sustainability initiatives are instrumental in supporting the safe and efficient delivery of goods to households across North America.

"Measuring our performance across key indicators is important as we strive to be a better business every day, grounded in ethical business practices and good governance," adds Ryder Chief Legal Officer, Bob Fatovic, who oversees Ryder's sustainability reporting.

To review Ryder's 2023 CSR, 2024 CDP Climate Change Response, and learn more about Ryder's sustainability reporting, please visit www.ryder.com/sustainability .

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain , dedicated transportation , and fleet management solutions, including warehousing and distribution , contract manufacturing and packaging , e-commerce fulfillment , last-mile delivery , managed transportation , professional drivers , freight brokerage , nearshoring solutions, full-service leasing , maintenance , commercial truck rental , and used vehicle sales to some of the world's most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; corporate responsibility; environmental management; safety, health and security programs; military veteran recruitment initiatives; and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements, including our expectations regarding our sustainability initiatives, should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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Source: Ryder System, Inc.

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