Rayonier has measured our impact on the environment by calculating the emissions associated with our corporate, forestry, and real estate-related operations during 2022.
We have estimated and broken down our emissions into Scope 1 (direct emissions from company-owned and controlled resources), Scope 2 (indirect emissions from electricity purchased), and Scope 3 (indirect emissions in the value chain—i.e., harvest and transport of our logs, forest management, and business travel). Approximately 25% of our Scope 3 emissions are associated with ocean freight, which reflects our participation in the log export market, particularly in New Zealand. As compared to 2021, the nearly 40% reduction in ocean freight emissions was primarily driven by a significant reduction in log exports from the U.S. South due to phytosanitary restrictions in China.
Moving forward, we are taking steps to improve our measurement of Scope 1 and Scope 3 emissions and are in the early stages of collaborating with our contractors to collect primary data from them to better measure our Scope 3 footprint.