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Rail News: CSX Transportation

CSX lands on Dow Jones Sustainability Index for third-straight year


CSX Corp. recently was named to the Dow Jones Sustainability Index (DJSI) for North America for the third consecutive year.

CSX is among three transportation companies recognized by the index for leadership in sustainable business practices. The Class I demonstrated strong performance across assessed criteria, such as customer relationship management, climate strategy, and occupational health and safety, CSX officials said in a press release.

The railroad's notable sustainability accomplishments include improving company-wide fuel efficiency by 2 percent this year and implementing a new waste-reduction program that has helped recycle 50,000 tons of material since 2010, they said. In addition, the Class I is on track to meet its goal of reducing greenhouse-gas emissions 6 percent to 8 percent by 2020.

"At CSX, our commitment to sustainable growth is a key driver of our success," said Chairman, President and Chief Executive Officer Michael Ward. "We strive to manage our operations responsibly to meet the needs of our customers, protect the environment and to engage in the communities that we serve."

The DJSI is a partnership between the Dow Jones Indexes and RobecoSAM Sustainability Assessments, which tracks the financial performance of the world's leading companies according to various economic, environmental and social criteria. Launched in 1999, the DJSI is the first global sustainability benchmark for companies that prioritize environmental and social responsibility.

CN recently announced it was listed on the DJSI World Index for the second-straight year and the DJSI North American Index for the fifth-consecutive year (click here to learn more about CN's recognition).

Contact Progressive Railroading editorial staff.

More News from 9/17/2013