Received the following via email.
CSX Featured by CDP for Strong Environmental Performance
JACKSONVILLE,
Fla. - September 25, 2013 - CSX Corporation (NYSE:CSX) announced that the
company was recognized on the CDP S&P 500 Carbon Performance Leadership
Index and was included among just five industrial companies worldwide in the
CDP Global 500 Climate Performance Leadership Index. These distinctions
highlight CSX's steadfast commitment to reducing carbon emissions and fuel
use.
"Environmental responsibility and accountability are part of the
fabric of our daily operations," says Michael Ward, CSX chairman, president
and chief executive officer. "As our business grows, so does our investment
in sustainable operations and efficient technology. CSX is proud to be recognized for its efforts and will continue to make the environment a priority for the sustainable future of the company and the benefit of those we serve."
The 2013 CDP S&P 500 report prominently features CSX's
National Gateway project, an $850 million public-private rail infrastructure
and intermodal terminal capacity project that is projected to eliminate up
to 20 million tons of carbon emissions and save nearly 2 billion gallons of
fuel. Intermodal shipments now make up nearly 40 percent of the company's shipments by volume and capitalize on the environmental efficiency of freight rail.
CSX raised its performance score among S&P 500
industrial companies from a B to an A, and was the only railroad recognized
among five industrial companies on the Climate Performance Leadership Index
(CPLI). The CPLI recognizes those companies with superior emissions
performance.
Paul Simpson, CEO of CDP, comments, "Natural resource
scarcity is intensifying, the scientific case for action to mitigate climate
change is strengthening and the number of investors requesting corporate
action on climate change through CDP is continually increasing. We
congratulate companies in the Climate Performance Leadership Index for their
pioneering efforts to combat climate change and grow low carbon economies at
this critical time."
On the 2013 Global Climate Performance
Leadership Index, which evaluates the sustainability efforts and successes
of the world's 500 largest companies, CSX received the ninth highest score
among 40 industrial companies.
Scoring for the CDP rankings is based on
voluntary disclosure related to greenhouse gas emissions, emissions
reduction targets and approaches to reducing climate-related risks and
capitalizing on opportunities. This year marks the sixth time CSX has
participated in the annual survey, which helps consumers and shareholders
better understand the sustainability strategies implemented by major
companies. CDP represents 722 institutional investors with $87 trillion in
assets.
A complete copy of the CDP report is available for download from
its homepage: www.cdproject.net. For
detailed information on CSX's environmental initiatives, visit CSX's
corporate social responsibility site at
www.csxcsr.com .
About CSX
CSX, based
in Jacksonville, Florida, is a premier transportation company. It provides
rail, intermodal and rail-to-truck transload services and solutions to
customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For more than 185 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern 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 www.csx.com.
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Contact:
Melanie
Cost
(904) 359-1702