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7/8/2022
Canadian Pacific yesterday announced it has joined the United Nations Global Compact, a voluntary leadership platform for the development, implementation and disclosure of socially responsible business practices.
The Class I is the first freight-rail company in North America to participate in the compact, CP officials said in a press release. Launched in 2000, it is the largest corporate sustainability initiative in the world, with more than 15,000 participating companies in more than 160 countries.
"CP's participation in the U.N. Global Compact marks an important milestone as we advance our commitments and position as a sustainability leader in the rail industry," said CP President and CEO Keith Creel.
In joining the compact, CP commits to aligning its strategies and operations with 10 universally accepted principles in the areas of human rights, labor, environment and anticorruption, as well as taking action in support of the U.N. Sustainable Development Goals.
CP will continue to demonstrate measurable impact on these goals through periodic updates and annual reporting to the U.N. Global Compact, company officials said.