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Monday, September 30, 2013
CSX earns recognition for sustainability efforts
CSX Corp. last week announced it's listed on the CDP S&P 500 Carbon Performance Leadership Index and was included among five industrial companies worldwide in the CDP Global 500 Climate Performance Leadership Index.
The listings recognize the Class I's "steadfast commitment" to reducing carbon emissions and cutting fuel usage, CSX officials said in a press release.
The railroad raised its performance score among S&P 500 industrial companies from a B to an A, and was the only railroad recognized on the Climate Performance Leadership Index, they said. In the 2013 Global Climate Performance Leadership Index, which evaluates the sustainability efforts of the world's 500 largest companies, the Class I received the ninth-highest score among 40 industrial companies, CSX officials said.
"Environmental responsibility and accountability are part of the fabric of our daily operations," said Chairman, President and Chief Executive Officer Michael Ward. "As our business grows, so does our investment in sustainable operations and efficient technology."
Scoring for the CDP rankings is based on voluntary disclosure related to greenhouse-gas emissions, emission-reduction targets, and approaches to reducing climate-related risks and capitalizing on opportunities. CSX participated in the annual survey for the sixth-straight year.
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