MONTREAL, Oct. 20, 2014 /PRNewswire/ - CN (TSX: CNR)
(NYSE: CNI) has been awarded a position on The A List: The CDP
Climate Performance Leadership Index 2014 in recognition of
its action to reduce carbon emissions and mitigate the business
risks of climate change.
The index presents 187 listed companies identified as
demonstrating a superior approach to climate change mitigation. It
has been produced by CDP, the international non-governmental
organization that drives sustainable economies, at the request of
767 investors who represent more than a third of the world's
invested capital. Information provided by nearly 2,000 listed
companies has been independently assessed against CDP's
widely-respected scoring methodology and ranked accordingly.
Claude Mongeau, president and
chief executive officer, said: "CN is proud to be recognized by the
CDP for its leadership on climate change mitigation. We
continue to improve operational efficiency, conduct employee
training and invest in fuel-efficient locomotives and other
processes and technologies to reduce carbon emissions. We
have also extended our sustainability strategy to our non-rail
fleets and buildings and yard operations.
"Our employees are integral to our ability to reduce energy
consumption. Through our EcoConnexions program, we are
working to give employees the tools and techniques to change energy
habits, and consider low-carbon energy options when making
decisions."
This marks the sixth consecutive year that CN has earned a
position of leadership for its climate performance by CDP, the
world's only global environmental disclosure system.
Climate performance leaders of The A List index on which CN has
been placed are investing to reduce their greenhouse gas emissions
and collectively have reduced their total (absolute) emissions by
33 million metric tons in the past reporting year, whilst also
achieving impressive financial results. In this way, the leaders
illustrate that a low carbon future does not mean poor financial
performance.
CDP performance scores provide a tool for institutional
investors and stakeholders to evaluate and track corporate efforts
destined to mitigate the risks of climate change. Scores are
communicated to investors and other decision makers through various
channels to help them assess corporate preparedness for changing
market demands and emissions regulation.
Paul Simpson, chief executive
officer of CDP, said: "Global greenhouse gas emissions continue to
rise and we face steep financial risk if we do not mitigate them.
The business case for action to mitigate climate change has never
been stronger or more urgent. For this reason we congratulate those
businesses that have achieved a position on The A List: The CDP
Climate Performance Leadership Index. These companies are
responding to market demand for environmental accountability and at
the same time are making progress towards the realization of
sustainable economies."
The A List: CDP Climate Performance Leadership Index 2014, along
with the climate disclosures of all companies publicly taking part
in CDP's climate change program this year, is available on CDP's
website.
About CDP
CDP 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 767
institutional investors with assets of US$92
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. Please visit www.cdp.net or follow it
@CDP to find out more.
About CN
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