CSX Ranked Among America’s Climate Leaders 2023 by USA TODAY
May 24 2023 - 4:30PM
CSX Corp. (NASDAQ: CSX) has been recognized by USA TODAY as
one of America’s Climate Leaders, ranking among U.S. companies that
have achieved the greatest reduction in emissions intensity between
2019 and 2021.
“We applaud USA TODAY for bringing attention to the nation’s
growing climate concerns and for recognizing the companies that are
making a difference by reducing emissions intensity,” said Joe
Hinrichs, CSX president and chief executive officer. “As the most
fuel-efficient mode of freight transportation on land, railroads
can play a significant role in the nation’s climate strategy, and
CSX is proud to be the industry leader. We’re committed to
continuing to reduce our carbon intensity through sustainable
operations and technological innovation.”
Being named by USA TODAY as a leader in emissions reduction is
the latest in a growing list of recognitions earned by CSX for its
sustainability programs and environmental performance. CSX is the
only U.S. transportation company to be included in 2023 S&P
Global Sustainability Yearbook, and the company has been part of
the Dow Jones North America Sustainability Index for 12 consecutive
years, based on its sustainability performance and other
factors.
CSX’s greenhouse gas emissions reduction goal is among the most
aggressive in the transportation industry, targeting 37.3%
reduction in GHG intensity by 2030, against a 2014 base year.
Through 2021, the company achieved an emissions intensity reduction
of 15.6% from the base year.
Citing unprecedented interest in climate change among U.S.
consumers and investors, USA TODAY partnered with Statista, a
global marketing and consumer data company, to create America’s
Climate Leaders 2023, the news organization’s first such
ranking.
To create the list, Statista considered companies’ effectiveness
in reducing their core emissions intensity, defined as Scope 1 and
2 greenhouse gas emissions in relation to revenue. Several thousand
companies with 2021 revenue of at least $50 million were invited to
participate, and 2,000 companies were evaluated.
For additional information on the America’s Climate Leaders
ranking, click here. To learn more about CSX’s sustainability
initiatives, visit csx.com/esg.
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 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 240 short-line
railroads and more than 70 ocean, river and lake ports with major
population centers and farming towns alike.
Contact:
Matthew Korn, CFA, Investor Relations
904-366-4515
Bryan Tucker, Corporate Communications
855-955-6397
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