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10/17/2019
During 2018, Norfolk Southern Corp. decreased its greenhouse gas emissions by 2.6 percent year over year and achieved an all-time best operating ratio of 65 percent, according to the Class I's 12th annual Corporate Social Responsibility report.
Released yesterday, the report details NS' environmental, economic and social impacts during 2018 and early 2019.
NS reported that it increased locomotive diesel fuel usage by 14 million gallons in 2018 compared with 2017 levels. It conserved more than 47 million gallons of diesel fuel compared with its 2016 levels.
“Our fleet locomotives consumed 1.20 gallons of diesel per 1,000 gross ton miles in 2018, the same as 2017. Our business volumes increased by 4 percent, while our gross ton miles and locomotive diesel consumption each grew by 3 percent,” the report stated.
NS gained more than 60,000 carloads of new business across its network.
The implementation of precision scheduled railroading initiatives also led to a 15 percent increase in train speed and a 34 percent reduction in the terminal dwell time of rail cars in second-quarter 2019 versus full-year 2018 performance.
The railroad also became the first Class I to sign the CEO Action for Diversity and Inclusion pledge, a public commitment to cultivate a workplace environment where diverse experiences and perspectives are welcome and where employees feel comfortable and empowered to discuss diversity and inclusion.
NS yesterday also posted its 2019 filing with CDP, formerly Carbon Disclosure Project, a voluntary disclosure of the company’s carbon emissions and steps the railroad is taking to reduce its carbon footprint and identify climate-change risks.