Rail News Home CSX Transportation 11/16/2021 Rail News: CSX Transportation
CSX yesterday announced it’s been named to the Dow Jones Sustainability North America Index (DJSI North America) for 2021, the Class I’s 11th consecutive year on the list.CSX is the only U.S.-based railroad included in the index and the second Class I to announce its inclusion, the first being Canadian Pacific. The index represents the top 20% of North America’s 600 largest companies (as evaluated by S&P Global) that demonstrate sustainability initiatives. Dow Jones' corporate sustainability assessment evaluated the economic, environmental and social criteria for meeting index designation.CSX’s sustainability goals include reducing greenhouse gas emissions by 37.3% between 2014 and 2030, according to its website. CSX has already accomplished its goal of reducing emissions intensity by 6% to 8% in 2020, achieving 8.1% emissions intensity reduction and reaching the goal two years ahead of time."Our efforts have improved upon the emissions advantage rail provides as the most fuel-efficient mode of land-based transportation," said CSX President and CEO James Foote in a press release. "We continue taking action to further reduce emissions for the freight already moving on CSX and are committed to driving additional reductions through converting incremental volumes off the highway and onto CSX."
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Rail News Home Canadian Pacific 11/15/2021 Rail News: Canadian Pacific
Canadian Pacific today announced it’s been named to the Dow Jones Sustainability North America Index (DJSI North America) for 2021. The Class I landed on the list for the second straight year.The index represents the top 20% of North America’s 600 largest companies (as evaluated by S&P Global) that demonstrate sustainability initiatives. Dow Jones' corporate sustainability assessment evaluated the economic, environmental and social criteria for meeting index designation.The Class I's long-term organizational commitment to sustainability practices demonstrates its success at being a sustainably-driven railroad, CP officials said in a press release.The railroad’s 2020 corporate sustainability report aligns with recommendations from the Task Force on Climate-Related Financial Disclosure and supports the United Nations Sustainable Development Goals. CP’s climate strategy lays out a path to adapt operations to changing environmental standards through greenhouse gas reductions."We are proud that DJSI is recognizing [our] commitment to being a sustainability leader in the transportation sector," said CP President and CEO Keith Creel. "We continually look for innovative, impactful ways to advance our objectives and to embed sustainability in all levels of our organization."
Canadian Pacific today announced it’s been named to the Dow Jones Sustainability North America Index (DJSI North America) for 2021. The Class I landed on the list for the second straight year.The index represents the top 20% of North America’s 600 largest companies (as evaluated by S&P Global) that demonstrate sustainability initiatives. Dow Jones' corporate sustainability assessment evaluated the economic, environmental and social criteria for meeting index designation.The Class I's long-term organizational commitment to sustainability practices demonstrates its success at being a sustainably-driven railroad, CP officials said in a press release.The railroad’s 2020 corporate sustainability report aligns with recommendations from the Task Force on Climate-Related Financial Disclosure and supports the United Nations Sustainable Development Goals. CP’s climate strategy lays out a path to adapt operations to changing environmental standards through greenhouse gas reductions."We are proud that DJSI is recognizing [our] commitment to being a sustainability leader in the transportation sector," said CP President and CEO Keith Creel. "We continually look for innovative, impactful ways to advance our objectives and to embed sustainability in all levels of our organization."
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Rail News Home Union Pacific Railroad 11/12/2021 Rail News: Union Pacific Railroad
Nearly 20% of Union Pacific employees are veterans, with some still active in the National Guard or Reserves. Photo – up.com
Nearly 20% of Union Pacific employees are veterans, with some still active in the National Guard or Reserves. Photo – up.com
Union Pacific Railroad was named a 2021 Gold Medallion recipient by the U.S. Department of Labor’s (USDOL) HIRE Vets Medallion Program, which advocates for the hiring and support of veterans.
UP has accomplished “exceptional achievement” in recruiting and hiring veterans, USDOL officials said in a press release. UP has hired former military service members since its beginning in the 1860s when it hired Civil War veterans. More than 17% of UP employees have military experience with some still active in the National Guard or Reserves. Veterans represent 24% of new hires within the last five years.
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Rail News Home Canadian National Railway - CN 11/12/2021 Rail News: Canadian National Railway - CN
CN today announced it has signed the "Business Ambition for 1.5°C" pledge, and has joined the net-zero carbon emissions by 2050.The 1.5°C scenario is the concept that global warming could be limited to only a 1.5° Celsuis increase by sharply reducing carbon emissions and fossil fuels usage, as well as building more alternatives to produce renewable energy, among other measures to protect the environment.CN is the first North American railroad to commit to the Business Ambition and join the United Nations’ Race to Zero campaign, CN officials said in a press release.CN recently purchased a battery-electric locomotive for a joint pilot program and has announced other relevant partnerships that seek to minimize the environmental impacts of CN operations. CN first set an approved science-based target in 2017, which was reaffirmed earlier this year. In April, the Science Based Targets initiative (SBTi) approved CN’s pledge to reduce scope 1 and 2 GHG emissions by 43% per million gross ton miles by 2030 from a 2019 base year, and to reduce scope 3 GHG emissions from fuel- and energy-related activities by 40% per million gross ton miles by 2030 from a 2019 base year.The company will focus on five key initiatives to meet its goals: investing in locomotive fleet renewals; increasing the use of fuel-efficient technologies; leveraging big data analytics; enhancing operating practices; and expanding the use of cleaner fuels."CN has a strong track record of fuel and carbon efficiency and, in 2020, achieved its best locomotive fuel efficiency ever — over 4% better than the previous record set in 2019 — which avoided approximately 275,000 tonnes of emissions," said CN President and CEO Jean-Jacques Ruest. "We will continue to decarbonize our operations and, in turn, will enable our customers to reduce their transportation supply chain emissions."
CN today announced it has signed the "Business Ambition for 1.5°C" pledge, and has joined the net-zero carbon emissions by 2050.The 1.5°C scenario is the concept that global warming could be limited to only a 1.5° Celsuis increase by sharply reducing carbon emissions and fossil fuels usage, as well as building more alternatives to produce renewable energy, among other measures to protect the environment.CN is the first North American railroad to commit to the Business Ambition and join the United Nations’ Race to Zero campaign, CN officials said in a press release.CN recently purchased a battery-electric locomotive for a joint pilot program and has announced other relevant partnerships that seek to minimize the environmental impacts of CN operations. CN first set an approved science-based target in 2017, which was reaffirmed earlier this year. In April, the Science Based Targets initiative (SBTi) approved CN’s pledge to reduce scope 1 and 2 GHG emissions by 43% per million gross ton miles by 2030 from a 2019 base year, and to reduce scope 3 GHG emissions from fuel- and energy-related activities by 40% per million gross ton miles by 2030 from a 2019 base year.The company will focus on five key initiatives to meet its goals: investing in locomotive fleet renewals; increasing the use of fuel-efficient technologies; leveraging big data analytics; enhancing operating practices; and expanding the use of cleaner fuels."CN has a strong track record of fuel and carbon efficiency and, in 2020, achieved its best locomotive fuel efficiency ever — over 4% better than the previous record set in 2019 — which avoided approximately 275,000 tonnes of emissions," said CN President and CEO Jean-Jacques Ruest. "We will continue to decarbonize our operations and, in turn, will enable our customers to reduce their transportation supply chain emissions."