CSX joins 'leadership index' for emission-reduction efforts (9/16/2011)
9/16/2023CSX Corp. recently was named to the Carbon Performance Leadership Index (CPLI), which is part of the Carbon Disclosure Project's (CDP) 2011 S&P 500 Report. The company is the only Class I named to the index, according to CSX.
The CPLI recognizes companies’ sustainability efforts. CSX scored an 85 in a CDP questionnaire that assessed companies’ commitments to strategy, governance and stakeholder engagement to carbon emission reductions.
“Environmental stewardship and transparency are top priorities,” CSX officials said in a prepared statement, adding that in June, the Class I released its second annual “Corporate Profile and Sustainability Report” that details economic, social and environmental achievements.
At the end of last year, CSX reached a voluntary goal ahead of schedule by reducing greenhouse-gas emissions 8 percent; the railroad pledges to continue reducing emissions, such as by recently introducing its 23rd GenSet ultra-low-emission locomotive and joining the Maryland Green Registry, CSX officials said.
CSX has disclosed its greenhouse-gas emissions and climate change strategies to the CDP since 2008. A nonprofit organization, CDP obtains climate change data from the world's largest corporations to help its 551 institutional investors better understand firms’ commitments to climate change-related issues.
"CSX is proud to be recognized again for its industry-leading commitment to carbon emissions reduction,” said CSX Chairman, President and Chief Executive Officer Michael Ward. “We are dedicated to creating a sustainable company to benefit our communities, customers, employees and shareholders.”
Source: Progressive Railroading Daily News