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10/30/2009
Rail News: Rail Industry Trends
BNSF a leader in climate change disclosure, Class I says
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BNSF Railway Co. claims it leads surface transportation providers in climate change disclosure, at least according to the Carbon Disclosure Project (CDP).
The Class I is featured in the CDP's Carbon Disclosure Leadership Index within both the S&P 500 Index and FTSE Global 500 Index, the only railroad to be featured in either index, according to BNSF. CDP's annual Global 500 and S&P 500 reports highlight companies that have displayed the “most professional approach to corporate governance in respect to climate change disclosure practices,” according to BNSF. The CDP analyzes companies’ greenhouse-gas emissions, emission reduction targets, and climate change risks and opportunities.
“Climate change continues to be a major concern for the global community, and BNSF is focused on both the potential impact of changes in our climate and our role in protecting the environment,” said BNSF Chairman, President and Chief Executive Officer Matt Rose in a prepared statement.
The Class I is featured in the CDP's Carbon Disclosure Leadership Index within both the S&P 500 Index and FTSE Global 500 Index, the only railroad to be featured in either index, according to BNSF. CDP's annual Global 500 and S&P 500 reports highlight companies that have displayed the “most professional approach to corporate governance in respect to climate change disclosure practices,” according to BNSF. The CDP analyzes companies’ greenhouse-gas emissions, emission reduction targets, and climate change risks and opportunities.
“Climate change continues to be a major concern for the global community, and BNSF is focused on both the potential impact of changes in our climate and our role in protecting the environment,” said BNSF Chairman, President and Chief Executive Officer Matt Rose in a prepared statement.