This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
11/17/2020
CN and Canadian Pacific both announced yesterday they've been named to the Dow Jones Sustainability Index (DJSI), which tracks the stock performance of leading companies in terms of economic, environmental and social criteria.
For CN, this year marks the ninth consecutive year that the Class I has been listed on the DJSI World Index and the 12th consecutive year that it has been listed on the DJSI North America Index, CN officials said in a press release.
CN has dubbed its sustainable business practices "Delivering Responsibly." In 2017, the railroad became the first Class I in the world to set a science-based climate target, CN officials said in a press release.
"The company believes rail has tremendous potential to reduce the environmental impact of transportation and we are committed to playing a key role in the transition to a low-carbon economy," said CN President and Chief Executive Officer JJ Ruest.
Meanwhile, CP has been added to the 2020 DJSI North America.
"CP is always working to develop innovative and impactful ways to enhance the communities we serve and protect the environment," said CP President and CEO Keith Creel in a press release. "We have been part of the North American landscape since 1881, and our commitment to people, the planet, safety and ethics is unwavering."
In July, CP released its first public statement on climate change, which acknowledges the effects of rising global temperatures and lays out the railroad's commitment to ongoing efforts to mitigate the impacts.