WILDLIGHT, Fla.--(BUSINESS WIRE)--Aug. 23, 2022--
Earlier this year,
“We are pleased to publish our 2021 Sustainability Report, which provides further insight into the progress we are making on our ESG journey,” said
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.
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Rayonier, Inc.
Symbol: RYN
CIK: 52827
Exchange: NYSE
Founded: 1926 (98 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Timber
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
Latest Price: $27.87
High: $28.00
Low: $27.69
Open: $28.00
Previous Close: $28.00
Volume: 316,843
52-Week High: $34.67
52-Week Low: $24.04
Last updated: 2024-12-21 - v1.3