MONTREAL, Oct. 27, 2016 /PRNewswire/ - CN (TSX: CNR) (NYSE:
CNI) has been identified as a global leader for its actions and
strategies in response to climate change and this week has been
awarded a position on the Climate A List by CDP, the international
not-for-profit that drives sustainable economies.
Thousands of companies submit annual climate disclosures to CDP
for independent assessment against its scoring methodology. CN is
among the nine per cent of corporations around the world
participating in CDP's climate change program to be awarded a
position on the Climate A List.
One hundred and ninety-three companies appear on the A List in
recognition of actions taken to reduce emissions and mitigate
climate change in the past reporting year. The CDP data has been
produced at the request of 827 investors with assets of
US$100 trillion.
Luc Jobin, CN president and chief executive officer, said: "We
are pleased to be recognized by the CDP for the eighth straight
year and proud of CN's continued leadership on climate change
action. Operating efficiently has been the hallmark of CN's
success and in the last decade we've reduced our rail locomotive
carbon emission intensity by 19 per cent and remain approximately
15 per cent more fuel efficient than the industry average.
"We believe that rail can be an integral part of the climate
change solution offering both environmental and economic
advantages. Compared to other transportation modes, rail is the
most fuel-efficient method of moving freight over land – on
average, trains are approximately four times more fuel-efficient
than trucks," Jobin continued. "To leverage these benefits, we work
with many of our customers, providing them with a carbon calculator
that allows them to determine their emissions savings by switching
freight from truck to rail."
The Climate A List was released in CDP's Out of the starting
blocks: Tracking progress on corporate climate
action report which establishes the baseline for corporate
climate action. Companies' progress on reducing emissions in line
with the goals of the Paris Agreement will be tracked against this
baseline in future annual reports.
CDP's chief executive officer Paul
Simpson said: "We congratulate the 193 A List companies that
are leading the charge towards our low carbon future. Companies are
key actors in enabling the global economy to achieve its new
climate goals, and the leadership of this group points the way for
others to take bold action and capitalize on the many opportunities
that await."
The Climate A List, along with the climate scores of all
companies publicly taking part in CDP's climate change program this
year, is available on CDP's website.
More information about CN's CDP response is available
online.
CN is a true backbone of the economy, transporting more than
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 of approximately 20,000 route-miles 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 about CN, visit the Company's website at
www.cn.ca.
CN and Sustainability
Delivering Responsibly is
one of the pillars of What CN Stands For. It determines how we
conduct our business every day and defines our contribution to
building a more sustainable future. A member of the Dow Jones
Sustainability World Index and one of Canada's Top 100 Employers, CN's
sustainability commitment is anchored in environment, safety,
people, community and governance. CN trains are approximately four
times more fuel efficient than trucks, reduce highway congestion
and air pollution, and lower greenhouse gas emissions.
SOURCE CN