Ryder System, Inc. Ranked 4th Among Top Green Companies in the US
November 29, 2012 by
Ryder System, Inc. is one of the few companies that try and maintain their green status over the years. Professionally, it is one of the major names in the commercial transportation sector and is also well recognized for its work in the supply chain management sector. To add another feather to their cap, this year, the company has been placed as the fourth greenest company in the US Transportation and Logistics sector, by Newsweek Green Rankings.
Ryder System Green Rankings by Newsweek
Every year Newsweek issues Green Rankings to commend businesses that make efforts to try and reduce their environmental footprint and promote eco friendly promotional items. These rankings are formulated on the basis of a lengthy procedure wherein surveys are conducted on the policies and initiatives of all the leading companies in the US. Finally the rankings are created in collaboration with Trucost and Sustainalytics, two leading research firms. These firms assess the company’s policies in terms of transparency and administration of environmental footprint.
Ryder System – Striving To Make Eco-Friendly Promotional Items with Competitive Services
As a company, Ryder tries to balance out its products in terms of sustainability and profitability. According to the firm’s Corporate Sustainability Report, the company tries to invest its money on sustainable measures that help the company and the entire transportation sector as well. According to the Newsweek survey, on the basis of which Ryder has been given the status of a green company, the company’s policies are designed to lower down their environmental footprint drastically. And since these rankings are formulated on the basis of elaborate statistical studies carried out by Trucost and Sustainalytics, the authenticity of Ryder’s systems can be verified as well.
Labeled Green for 4 Consecutive Years
This is not the first time that Ryder has been placed in the Green Rankings. As a matter of fact, it has been placed in the top 10 green companies list for the last 3 years. Greg Swienton, the CEO and Chairman of the company, feels that unlike other companies, Ryder is constantly trying to make amends in its practices to try and maintain a environmentally sustainable system. He adds that Ryder is known for its latest engineering tools that help reduce poisonous emissions, and are designed to perform tasks optimally. So, many companies outsource their functions to Ryder to try and enhance the quality of their products as well.