In recognition for its actions taken to reduce emissions and mitigate climate change in the past reporting year, Canadian National Railway (CN) was awarded a position on the Climate A List by CDP, the not-for-profit global disclosure system for environmental impacts of major corporations.
"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,” said Luc Jobin, CN president and CEO. “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 percent and remain approximately 15 percent 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," Jobin added. "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. 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."
A total of 193 corporations, 9 percent of those participating in CDP's climate change program, were awarded a position on the Climate A List. The Climate A List was released in CDP's report that 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.
"We congratulate the 193 A List companies that are leading the charge towards our low carbon future,” remarked CDP's CEO Paul Simpson. “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."