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Rail News Home Rail Industry Trends

11/23/2010



Rail News: Rail Industry Trends

CN earns 'excellence' grade in climate-change reporting


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The Carbon Disclosure Project (CDP) recently recognized CN for “excellence in climate-change reporting” among Canadian and global companies, according to the Railway Association of Canada (RAC).

For the second-straight year, the Class I was named to CDP’s 2010 Canada 200 Carbon Disclosure Leadership Index, along with 16 other companies. CN’s score rose from 77 percent in 2009 to 82 percent in 2010.

Earlier this year, CDP surveyed 4,700 of the world’s largest companies about their greenhouse-gas emissions, the significant risks and opportunities related to climate change, and any actions they’re taking to manage those risks and opportunities.

“CN’s asset-lean precision railroading model, energy-efficient fleet acquisitions and focused fuel conservation practices have contributed to the reduction in [our] carbon footprint,” said CN President and Chief Executive Officer Claude Mongeau in a news item posted on RAC’s website.

In addition, the Class I has “pioneered modal shift protocols” with the provinces of Alberta and British Columbia that enable companies to generate carbon offsets by shifting freight from truck to rail, according to CN.