MONTREAL,
Oct. 2, 2013 /CNW Telbec/ - CN (TSX:
CNR) (NYSE: CNI) has earned a position of leadership for the
quality of climate change data it has submitted to the global
marketplace through CDP, the world's only global environmental
disclosure system.
The achievement was announced in the CDP Canada
200 Climate Change Report 2013, which tracks how Canada's largest listed companies are acting
in response to a changing climate.
At the suggestion of 722 investors representing US$87 trillion in assets, CN took part in CDP's
climate change program, designed to facilitate the management of
greenhouse gas emissions and identify the risks and opportunities
associated with climate change.
For the fourth consecutive year, CN has earned a position in
CDP's Canada 200 Climate
Disclosure Leadership Index. This annual index highlights the
largest 200 companies listed on the Toronto Stock Exchange
(Canada 200) that have displayed a
strong approach to the disclosure of information regarding climate
change.
Claude Mongeau, president and
chief executive officer of CN, said: "We are proud of our
achievements over the past year and are pleased with the CDP's
recognition of CN's leadership on disclosure for the fourth
consecutive year. Delivering responsibly is a core element of our
business agenda and environmental sustainability is a strategic
priority for CN, which is focused on lowering emissions, increasing
energy efficiency, reducing waste, and encouraging environmental
stewardship among our employees.
"CN leads the North American rail industry in fuel efficiency,
consuming, overall, approximately 15 per cent less fuel per
gross-ton-mile than the rail industry average. CN is working hard
to improve the fuel efficiency of its trains and is engaging its
employees, through its EcoConnexions program, as part of its
comprehensive plan to reduce its carbon footprint. CN is also
testing locomotives fueled by natural gas to explore the
feasibility of the technology."
Paul Simpson, chief executive
officer of the CDP, said: "Canadian companies that score highly
enough to be included in the Climate Disclosure Leadership Index
are responding to the call for greater corporate climate
accountability. They have demonstrated leading practice on the
measurement of greenhouse gas emissions and energy use, and
transparency of their climate change strategy."
The Canada 200 report including
names of companies featured in the Carbon Disclosure Leadership
Index can be found at www.cdp.net.
About CDP
CDP, formerly known as the Carbon Disclosure Project, is an
international, not-for-profit organization providing the only
global system for companies and cities to measure, disclose, manage
and share vital environmental information. CDP works with market
forces, including 722 institutional investors with assets of
US$87 trillion, to motivate companies
to disclose their impacts on the environment and natural resources
and take action to reduce them. CDP now holds the largest
collection globally of primary climate change, water and forest
risk commodities information and puts these insights at the heart
of strategic business, investment and policy decisions. For more
information, please visit www.cdp.net or follow the group @CDP to
find out more.
About CN
CN (TSX: CNR)(NYSE: CNI) is a true backbone of the economy,
transporting approximately C$250
billion worth of goods annually for a wide range of business
sectors, ranging from resource products to manufactured products to
consumer goods, across a rail network spanning Canada and mid-America. CN - Canadian National
Railway Company, along with its operating railway subsidiaries --
serves the cities and ports of Vancouver, Prince
Rupert, B.C., Montreal,
Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of
Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth,
Minn./Superior, Wis., and
Jackson, Miss., with connections
to all points in North America.
For more information on CN, visit the company's website at
www.cn.ca.
SOURCE CN