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Rail News: Norfolk Southern Railway
Norfolk Southern unveils 2017 sustainability report
Norfolk Southern Corp. today released its 2017 "corporate responsibility" report, which highlights the railroad's efforts toward operating a sustainable freight transportation business.
Titled "Strides in Stewardship," the publication is the company's 10th annual sustainability report.
"Sharing this report with stakeholders reflects the railroad's commitment to be a responsible corporate steward of the essential resources that make our business possible," said Chairman, President and Chief Executive Officer James Squires in a press release. "We recognize the value inherent in achieving balance between business practices and the world in which we operate, and we are excited about the challenges met and the progress made."
Among the report's highlights, NS in 2016 achieved record locomotive fuel efficiency, saving 7.4 million gallons of diesel fuel; reduced greenhouse gas emissions to the lowest levels since 2010; lowered its kilowatt hours of electricity use by more than 9 percent; and clocked a 9 percent increase in train speed and a 7 percent reduction in rail-car dwell time.
NS also assisted 71 companies in locating or expanding along its rail lines; presented its first sustainability award to recognize suppliers that use sustainable business practices; and awarded nearly $7.3 million in Norfolk Southern Foundation grants in support of education, health and human services, arts and culture, and the environment.
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