CSX Named Sustainability Leader by Dow Jones Sustainability
Index and CDP
"Sustainable growth is critical to the long-term
success of our business and to our ability to meet America 's increasing need for efficient,
environmentally-friendly rail transportation," said Michael J. Ward,
chairman, president and chief executive officer. "These important recognitions highlight
our ongoing commitment to conducting operations in an environmentally
responsible manner and engaging actively in the communities that we
serve."
CSX is the only U.S.
railroad, and among just four transportation companies in total, recognized by
the Dow Jones Sustainability Index for North America
this year for leadership in sustainable business practices. In its fourth
consecutive year on the index, CSX showed strong performance across the
assessed criteria, specifically in the areas of customer relationship
management, climate strategy, management of environmental policy issues,
corporate citizenship and philanthropy, and risk and crisis management.
The index is a partnership between the Dow Jones Indexes and
RobecoSAM Sustainability Assessments, which tracks the financial performance of
the world's leading companies according to rigorous economic, environmental and
social criteria. Launched in 1999, the DJSI is the first global sustainability
benchmark for companies that prioritize environmental sustainability and social
responsibility.
In addition, CSX was also recognized by CDP, the world's
only global environmental disclosure system. CSX raised its Climate Disclosure
Leadership Index performance score - a measure of a company's transparency on
climate-related disclosures - to an all-time high this year, receiving a score
of 98A. In addition, this is the fifth consecutive year that CSX has achieved a
position on the Climate Performance Leadership Index, which evaluates how
companies are measuring, verifying and managing their carbon footprints.
"CSX is dedicated to investing in the safe, reliable,
environmentally-friendly rail network of the future to continue to drive
profitable growth and shareholder value creation," said Fredrik Eliasson,
executive vice president and chief financial officer. "This commitment to
sustainable growth includes aggressive measurement and transparency to benefit
shareholders and employees alike."
CDP's annual indices spotlight companies listed on the
Standard & Poor's 500 Index (S&P 500) that have demonstrated a
commitment to managing climate change by integrating it into their business
strategy and taking actionable steps to mitigate climate-related risk. This
year, the CDP S&P 500 Climate Change Report 2014 presents new analysis
linking S&P 500 sustainability leaders with financial performance.
In 2013, CSX achieved record-setting fuel efficiency and has
reduced greenhouse gas (GHG) emissions intensity by 1.5 percent since 2011,
bringing the company closer to its voluntary goal of reducing GHG emissions
intensity by six to eight percent from 2011 levels by 2020. In addition, CSX
provided more than $16 million to charitable organizations in 2013 and logged
more than 25,000 volunteer hours working with national and local organizations
to support safety, environmental, community and wellness initiatives across its
21,000 mile network.
To learn more about sustainability at CSX, view the
company's most recent Corporate Social Responsibility Report at www.csxcsr.com.
About CSX
CSX, based in Jacksonville ,
Florida United States , where nearly
two-thirds of the nation's population resides. It also links more than 240
short-line railroads and more than 70 ocean, river and lake ports with major
population centers and small farming towns alike. More information about CSX
Corporation and its subsidiaries is available at ww.csx.com. Like us on
Facebook (http://www.facebook.com/OfficialCSX) and follow us on Twitter
(http://twitter.com/CSX).
Contact:
Melanie Cost
904-359-1702