MONTREAL, Sept. 11, 2014 /CNW Telbec/ - CN (TSX: CNR)
(NYSE: CNI) said today its sustainability practices have earned it
a place on the Dow Jones Sustainability World Index (DJSI). This
marks the third consecutive year that CN has been listed on the
DJSI World Index and the sixth consecutive year that CN has been
listed on the DJSI North America Index.
The DJSI follows a best-in-class approach, surveying
sustainability leaders from each industry on a global and regional
level. The annual review of the DJSI family is based on a thorough
analysis of economic, environmental and social performance,
assessing issues such as corporate governance, risk management,
climate change mitigation, supply chain standards, corporate
citizenship, stakeholder engagement and labour practices.
Claude Mongeau, president and
chief executive officer of CN, said: "Delivering Responsibly is a
core pillar of our sustainability strategy and What CN Stands
For. We are committed to building on what we have achieved to
minimize our impact on the environment, while providing cleaner,
more sustainable transportation modes to our customers. So, it is
an honour for CN again this year that DJSI has recognized us as a
leader in the area."
The DJSI World Index selects for inclusion the top 10 per cent
of the 2,500 largest companies in the Dow Jones Global Total Stock
Market Index from each sector based on their sustainability
score.
CN said it has also earned a spot on the DJSI Index North
America for the sixth year in a row.
CN's sustainability achievements are marked by its continuing
leadership in fuel efficiency within the North American rail
industry, consuming, overall, approximately 15 per cent less fuel
per gross-ton-mile than the rail industry average. In addition to
improving fuel efficiency, CN is committed to engaging communities
across its network through the EcoConnexions From the Ground Up
program, which, in 2014, sponsored tree-planting projects in 35
locations across the country, as well as the planting of 400,000
tress as part of a mass reforestation program. The company
also expects to make $2.25 billion in
capital expenditures this year to improve service and grow the
business.
Launched in 1999, the Dow Jones Sustainability Indexes are the
first global indexes tracking the financial performance of the
leading, sustainability-driven companies. The indices serve as
benchmarks for investors who integrate sustainability
considerations into their portfolios, and provide an effective
engagement platform for companies who want to adopt sustainable
best practices.
CN 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, from the Atlantic and Pacific oceans to the
Gulf of Mexico. CN – Canadian
National Railway Company, along with its operating railway
subsidiaries -- serves the ports of Vancouver, Prince
Rupert, B.C., Montreal,
Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of
Toronto, Chicago, Detroit, Duluth,
Minn./Superior, Wis.,
Green Bay, Wis., Minneapolis/St. Paul, Memphis, 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