Norfolk Southern Corporation, a major transporter of coal, automotive, and industrial products, has earned recognition from environmental nonprofit CDP as a leader in carbon disclosure.
The recognition reflect the railroad’s broad integration of sustainable business practices into daily operations.
Norfolk Southern was named to the CDP's 2014 S&P 500 Climate Disclosure Leadership Index. CDP cited the depth and quality of climate-change data the railroad disclosed to investors and to the marketplace through CDP, the world's only global environmental disclosure system.
Norfolk Southern's carbon disclosure score was 98, based on a scale of 100, the company's best-ever score in seven years of participating in the voluntary CDP survey and a 9% improvement over its 2013 score.
"Norfolk Southern strives for performance-based results to demonstrate leadership in corporate environmental responsibility, and we are happy to announce this latest example of our commitment," commented Blair Wimbush, VP real estate and corporate sustainability officer. "We choose to disclose the railroad's carbon performance through CDP to be transparent and accountable to investors, customers, and communities in how we manage and attempt to mitigate environmental impacts of our operations. We are working hard to get even better."
In its 2014 CDP disclosure, Norfolk Southern describes strategic investments in technologies, operations programs, and network improvements aimed at reducing the railroad's carbon footprint while expanding freight capacity and providing fuel- and cost-efficient customer service. The company also reports it has achieved nearly 79% of a five-year goal to reduce greenhouse gas emissions intensity by 10% per revenue ton-mile, with one year remaining.
Adapted from press release by Katie Woodward
Read the article online at: https://www.worldcoal.com/handling/29092014/norfolk-southern-corporation-named-carbon-leader-1370/