CSX lands on 'Green' list for environmental practices

CSX Corp. was among Newsweek's 2015 "Green Rankings" for environmental efficiency and sustainable business practices. The Class I has been included in the ranking since it was created in 2009.

Among U.S. firms in 2015, CSX ranked 96th place out of hundreds of companies. The rankings are based on eight indicators: energy productivity, carbon productivity, water productivity, waste productivity, sustainability pay link, sustainability board committee, audited environmental metrics and a green revenue score. The data is compiled by Corporate Knights Capital and HIP Investor, and the results are overseen by an advisory panel. This year's ranking is based on 2013 performance year data, given the lag time in environmental data availability.

CSX is continually pursuing new technologies and initiatives that improve its sustainability, said CSX Chairman and Chief Executive Officer Michael Ward.

"We appreciate this recognition of our efforts to offer our customers a safe, reliable transportation solution that simultaneously reduces their environmental footprint," he said in a press release.

CSX's recent sustainability initiatives include incorporating environmentally friendly features in new facilities and pursuing an LED lighting retrofitting program in existing buildings and terminals.

Also, the company continues to invest in fuel-efficiency technology, such as GE Transportation's Trip Optimizer locomotive fuel efficiency software.