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CSX Corp. and Norfolk Southern Corp. have been recognized nationally for disclosing greenhouse gas emissions and climate-change information in CDP, an independent organization that advances sustainable business practices, the Class Is announced yesterday.
CSX is one of five U.S. industrial companies and the only railroad to be included in the Climate A List 2015 on CDP's Global Performance Report. CSX is among the top 5 percent of companies that submitted disclosures for this year's report, CSX officials said in a press release.
CDP's annual leadership indexes highlight what corporations are doing to address carbon emissions and environmental management.
CSX achieved a perfect score of 100 for its disclosure, which also puts the Class I on the S&P Climate Disclosure Leadership Index.
"Environmental sustainability is fundamentally intertwined with CSX's business, from the fuel efficient locomotives that power our railroad to the technology systems that help us monitor and measure our environmental footprint," said CSX Chairman and Chief Executive Officer Michael Ward. "Measurement, transparency, and progress around our sustainability goals are critical to the success of our business."
NS announced it achieved a score of 99 out of 100 for carbon disclosure, up from 98 in 2014, to achieve a place on CDP's 2015 S&P Climate Disclosure Leadership Index. NS scored within the top 10 percent of Standard & Poor's 500 Index companies that disclose information to CDP.
In addition, NS achieved its best-ever CDP score for environmental performance, company officials said in a press release.
"Norfolk Southern's CDP disclosure reflects the company’s commitment to shareholders, communities, and customers to be transparent and accountable for our environmental performance," said Bruno Maestri, NS vice president government relations and corporate sustainability officer. "We strive to continuously improve our performance as an industry leader in sustainable business practices, and we are proud to be listed on the CDP leadership index."