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Ryder Recognized by CDP for Environmental Disclosure

09/28/2011


MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, announced today that it has been recognized for its leadership by the Carbon Disclosure Project (CDP), which represents 551 institutional investors with $71 trillion in assets under management, for its approach to carbon disclosure.

Ryder has been recognized for the first time in CDP’s “Carbon Disclosure Leadership Index.” This index, a key component of CDP’s annual S&P 500 report, highlights the constituent companies within the S&P 500 Index which have displayed the most professional approach to corporate governance regarding carbon disclosure practices. Companies are scored on their disclosure and high scores indicate good internal data management and understanding of the environmental-related issues affecting the company. This year’s Carbon Disclosure Leadership Index includes the top scoring 10 percent of S&P 500 companies.

The index, compiled by PwC on behalf of CDP provides an evaluation tool for institutional investors and other stakeholders. In 2011, it comprises 55 companies from the S&P 500 Index based on analysis of the responses to CDP’s questionnaire, which focused on greenhouse gas emissions, emissions reduction targets and related risks and opportunities.

“Environmental management plays a key role in Ryder’s business and is part of our strategy to reduce risk, drive operational efficiencies, and deliver value to our transportation and supply chain customers,” stated Bob Fatovic, Executive Vice President and Chief Legal Officer for Ryder. “Our deep understanding of the environmental risks and opportunities that affect our business, as well as our internal oversight and controls, enable us to maintain high standards for corporate governance and disclosure around Ryder’s approach to energy usage and carbon control.”

Ryder has voluntarily participated annually in the CDP for the past four years and has consistently improved its CDP score each year, receiving a 50 in 2008, 61 in 2009, 68 in 2010, and an 83 in 2011. CDP scores are normalized to a 100 point scale. Ryder’s 2011 score of 83 places the company in the “High” score category, indicating senior management understanding of environmental-related business issues and building environmental risks and opportunities into core business decisions.

Paul Simpson, chief executive officer of the Carbon Disclosure Project, commented, “Companies that make the Carbon Disclosure Leadership Index have demonstrated good internal data management practices for understanding greenhouse gas emissions. They have shown a strong awareness of the business issues related to climate change, including climate-related risks and opportunities. Those organizations that give clear consideration to measuring and reporting on climate change issues will be best placed to capitalize on the opportunities from managing them.”

The S&P 500 report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.

About Ryder

Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and included Ryder in its 2010 and 2011 “Green Partners” listing. Ryder also ranked 114 out of the top 500 U.S. companies and sixth in its industry sector in the 2010 Newsweek Green Rankings. Ryder is a charter member of the NGV Fleet Forum and a member of the Department of Energy’s National Clean Fleets partnership. Ryder is also a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information on Ryder System, Inc., visit www.ryder.com.

About CDP

The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of primary corporate climate change and water information in the world. Some 3,000 organizations across the world’s largest economies now measure and disclose their greenhouse gas emissions and assessment of climate change risk and opportunity through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 551 institutional investors, holding US$71 trillion in assets. For more information visit www.cdproject.net.

Source: Ryder System, Inc.


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