CSX Honors Six Customers with First Annual Customer Environmental Excellence Award
April 22 2022 - 10:00AM
CSX Corp. (NASDAQ: CSX) has recognized six customers with its
inaugural CSX Customer Environmental Excellence Awards for
contributions to reducing carbon emissions through truck-to-rail
conversions.
Part of CSX’s climate leadership in the transportation industry,
the new initiative honors companies that are lowering their carbon
footprint by shipping more freight by rail, which is three to four
times more fuel efficient than trucks on average and produces 75
percent fewer greenhouse gas (GHG) emissions.
“As the most efficient, environmentally friendly mode of
transportation by land, freight rail represents a major opportunity
for customers to reduce their carbon footprint in pursuit of
sustainability goals,” said Kevin Boone, CSX executive vice
president of sales and marketing. “Sustainability is an important
theme in our discussions with customers, who have doubled their
usage of CSX-provided tools for calculating potential emissions
savings from switching to rail from trucks.”
In 2021, the freight shipped by all customers on CSX rail
instead of the highway avoided 11 million metric tons of carbon
dioxide emissions, which is equivalent to the emissions generated
from passenger vehicles driving 2.3 million miles.
The first CSX Customer Environmental Excellence Award winners
were chosen based on freight conversions from highway to rail over
the previous year. CSX will soon add award categories for total
carbon savings (highest year-over-year percentage of carbon savings
versus trucks based on total rail volume) and for innovation
(customers who have demonstrated the greatest environmental
ingenuity through their transportation initiatives).
Winners of the inaugural Environmental Excellence Awards
include:
- Active Minerals International, LLC
- Amazon Logistics, LLC
- Cemex, Inc.
- Georgia Pacific, LLC
- Molson Coors Beverage Company
- Wal-Mart Transportation, LLC
CSX is recognized as a transportation industry leader in
sustainability. In 2020, the company became the first railroad in
the United States to align with the Science Based Targets
initiative, setting a goal to reduce GHG emissions intensity by
37.3 percent by 2030, using 2014 as a baseline. The company has
earned a place on the Dow Jones Sustainability Index for 11
consecutive years, was named to the CDP “A List” for climate
leadership in 2021, and is the only transportation company on the
Forbes 2021 “Green Growth 50”.
To learn more about the CSX Customer Excellence Awards and the
company’s commitment to sustainability visit
csx.com/EnvironmentalAward.
About CSXCSX, 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 nearly 200
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 230 short-line railroads and more than 70 ocean, river and
lake ports with major population centers and farming towns alike.
More information about CSX Corp. and its subsidiaries is available
at www.csx.com. Like us on Facebook
(http://facebook.com/OfficialCSX) and follow us on Twitter
(http://twitter.com/CSX).
Contact:Matthew Korn, CFA, Head of Investor
Relations, Service Measures & Pension904-366-4515
Bryan Tucker, Corporate Communications855-955-6397
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