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Rail News Home CSX Transportation

9/14/2012



Rail News: CSX Transportation

CSX lands on carbon disclosure leadership indices


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Yesterday, CSX Corp. announced it earned a ranking on the Carbon Disclosure Project (CDP) S&P 500 Carbon Disclosure Leadership Index (CDLI) for the third consecutive year. In addition, the Class I was recognized for the first time on the CDP Global 500 Carbon Disclosure Leadership Index.

The leadership indices recognize companies that display a strong commitment to climate change information disclosure.

CSX is the only railroad listed on either disclosure index and its score of 95 was the fourth-highest among 53 companies listed on the S&P 500 CDLI, and second-highest for S&P industrial companies, CSX officials said in a prepared statement. The score also placed the company fourth among all global industrial companies, they added.

CSX's score was based on its responses to CDP's questionnaire, which focuses on greenhouse-gas emissions, emission reduction targets, and the risks and opportunities associated with climate change. The Class I is committed to reducing greenhouse-gas emissions intensity by 6 percent to 8 percent by 2020, CSX officials said.

"Environmental stewardship and transparency continue to be [our] top priorities," said CSX Chairman, President and Chief Executive Officer Michael Ward. "This honor is evidence of CSX's continued recognition that environmentally responsible operations are good for our customers, for our communities and for our shareholders."