OMAHA, Neb., May 29, 2018 /PRNewswire/ -- Union Pacific
today released its 2017 Building America Report, demonstrating its
commitment to operate a safe, efficient and environmentally
responsible rail network. This is Union Pacific's ninth annual
sustainability report detailing the company's progress toward its
social, economic and environmental initiatives.
"Union Pacific's sustainability approach requires engaging with
our four key stakeholder groups to understand their evolving needs,
ultimately creating competitive advantages for customers, job
stability for employees, solid returns for our shareholders, and
economic strength and improved quality of life in the 7,000
communities where we operate," said Lance
Fritz, Union Pacific's Chairman, President and Chief
Executive Officer. "We're proud of the work we accomplished in 2017
and are inspired to continue carrying out our company's mission of
service."
Union Pacific uses the Global Reporting Initiative's global
sustainability reporting standards as a guide to report its most
material social responsibility issues including: Economic
Impact, Operating Safely, Strengthening Our Communities, Engaging
Employees and Preserving the Environment. Key accomplishments
outlined in this year's report include:
- Economic Impact
-
- Announced plans to build a $550
million rail yard near Hearne,
Texas, the largest capital investment in a single facility
in the railroad's 155-year history.
- Nearly six percent more of our critical suppliers purchased
goods and services from minority-, women- and veteran-owned
businesses, demonstrating their support of Union Pacific's
diversity initiatives.
- Operating Safely
-
- Achieved the best employee safety performance for the third
consecutive year.
- Increased rail safety awareness through a digital campaign,
reaching more than 34 million people.
- Strengthening Our Communities
-
- Redesigned the company's charitable giving program to support
three primary philanthropic pillars: safety, workforce development
and community spaces.
- Supported more than 3,700 nonprofit organizations and donated
$18.4 million to community
efforts.
- Engaging Employees
-
- Launched Innovation Station, an idea pipeline open to
all employees encouraging continuous improvement and innovative
thought.
- Unveiled UP No. 1943 The Spirit, Union Pacific's commemorative
locomotive honoring the nation's armed forces, and the men and
women filling its ranks.
- Preserving the Environment
-
- Received an A- rating on the CDP's Climate Change Survey, Union
Pacific's 10th consecutive year of submitting climate
change data.
- Delivered the company's best-ever fuel consumption rate,
improving 1.7 percent, compared to the 0.8 percent improvement in
2016.
To learn more about Union Pacific's sustainability goals and
initiatives, and view the entire 2017 Building America Report,
visit www.up.com.
ABOUT UNION PACIFIC
Union Pacific Railroad is the principal operating company of
Union Pacific Corporation (NYSE: UNP). One of America's most
recognized companies, Union Pacific Railroad connects 23 states in
the western two-thirds of the country by rail, providing a critical
link in the global supply chain. In the last 10 years, 2008-2017,
Union Pacific invested approximately $34
billion in its network and operations to support America's
transportation infrastructure. The railroad's diversified business
mix is classified into its Agricultural Products, Energy, and
Industrial and Premium business groups. Union Pacific serves many
of the fastest-growing U.S. population centers, operates from all
major West Coast and Gulf Coast ports to eastern gateways, connects
with Canada's rail systems and is
the only railroad serving all six major Mexico gateways. Union Pacific provides value
to its roughly 10,000 customers by delivering products in a safe,
reliable, fuel-efficient and environmentally responsible
manner.
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SOURCE Union Pacific