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12/21/2022
Union Pacific Railroad was named to the Dow Jones Sustainability Index (DJSI) North America for the first time.
The DJSI benchmarks corporate sustainability performance based on an assessment of comprehensive governance, economic, environmental and social criteria, UP officials said in a press release.
"We are committed to further reducing our carbon footprint, working hand in hand with our customers and communities to ensure a shared sustainable future," said Beth Whited, UP's executive vice president of sustainability and strategy, and chief human resource officer.
UP was recognized for its environmental sustainability efforts, which involve a short-term target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 26% by 2030 (from a 2021 baseline). The Class I also agreed to a $1 billion locomotive modernization program earlier this year that will modernize 600 locomotives, reducing carbon emissions by about 350 tons per locomotive per year, UP officials said.