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Rail News Home CSX Transportation 11/16/2021 Rail News: CSX Transportation
CSX yesterday announced it’s been named to the Dow Jones Sustainability North America Index (DJSI North America) for 2021, the Class I’s 11th consecutive year on the list.CSX is the only U.S.-based railroad included in the index and the second Class I to announce its inclusion, the first being Canadian Pacific. The index represents the top 20% of North America’s 600 largest companies (as evaluated by S&P Global) that demonstrate sustainability initiatives. Dow Jones' corporate sustainability assessment evaluated the economic, environmental and social criteria for meeting index designation.CSX’s sustainability goals include reducing greenhouse gas emissions by 37.3% between 2014 and 2030, according to its website. CSX has already accomplished its goal of reducing emissions intensity by 6% to 8% in 2020, achieving 8.1% emissions intensity reduction and reaching the goal two years ahead of time."Our efforts have improved upon the emissions advantage rail provides as the most fuel-efficient mode of land-based transportation," said CSX President and CEO James Foote in a press release. "We continue taking action to further reduce emissions for the freight already moving on CSX and are committed to driving additional reductions through converting incremental volumes off the highway and onto CSX."

Rail News Home Canadian Pacific 11/15/2021 Rail News: Canadian Pacific
Canadian Pacific today announced it’s been named to the Dow Jones Sustainability North America Index (DJSI North America) for 2021. The Class I landed on the list for the second straight year.The index represents the top 20% of North America’s 600 largest companies (as evaluated by S&P Global) that demonstrate sustainability initiatives. Dow Jones' corporate sustainability assessment evaluated the economic, environmental and social criteria for meeting index designation.The Class I's long-term organizational commitment to sustainability practices demonstrates its success at being a sustainably-driven railroad, CP officials said in a press release.The railroad’s 2020 corporate sustainability report aligns with recommendations from the Task Force on Climate-Related Financial Disclosure and supports the United Nations Sustainable Development Goals. CP’s climate strategy lays out a path to adapt operations to changing environmental standards through greenhouse gas reductions."We are proud that DJSI is recognizing [our] commitment to being a sustainability leader in the transportation sector," said CP President and CEO Keith Creel. "We continually look for innovative, impactful ways to advance our objectives and to embed sustainability in all levels of our organization."