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CSX, CN recognized for sustainability practices
CSX and CN have been recognized for their sustainability practices by being named to the Dow Jones Sustainability Index (DJSI), the Class Is announced yesterday.
CSX was named to the DJSI for North America, which recognizes the company's leadership in sustainable and responsible business practices. CSX was the only U.S.-based railroad and one of only three transportation companies included on the North American index, CSX officials said in a press release.
"By operating with respect for customers, employees, neighbors and the environment, we're able to create sustainable, long-term value for our investors," said CSX Chairman and Chief Executive Officer Michael Ward.
CSX was recognized for high performance in corporate governance, supply chain management and corporate citizenship and philanthropy, as well as in several areas of environmental performance.
CN's recognition marks the fifth consecutive year that the Montreal-based Class I has been listed on the DJSI World Index and the eighth consecutive year that CN has been listed on the DJSI North America Index, company officials said in a press release.
"CN remains committed to sustainable business practices — our Delivering Responsibly vision represents what our company stands for, " said Luc Jobin, CN president and chief executive officer. "It determines how we conduct our business every day and defines our contribution to building a more sustainable future."
CN's sustainability efforts in 2015 included a 19 percent reduction in rail locomotive greenhouse gas emissions intensity based on 2005 levels; a 25 percent reduction in accidents per million train miles; and about a 90 percent diversion of its operations waste from landfills.
Contact Progressive Railroading editorial staff.