CSX Named Among Top 100 U.S. Companies in Forbes Sustainability Ranking
May 31 2023 - 4:04PM
CSX Corp. (NASDAQ: CSX) has been named to the first-ever
Forbes Net Zero Leaders list of the top 100 U.S. companies that are
focused on reducing their carbon footprint and achieving their
sustainability goals.
“Rail is the most fuel-efficient mode of land-based freight
transportation, and CSX has taken a leadership role in
demonstrating how rail will play a key role in creating a more
sustainable supply chain,” said Joe Hinrichs, CSX president and
chief executive officer. “We are continuing to introduce innovative
technologies and operating practices that further improve fuel
efficiency and lower greenhouse gas emissions.”
The honor is the latest of several that CSX has earned as a
sustainability leader in the transportation industry. The Forbes
Net Zero Leaders ranking places CSX sixth on the list, which is
published on Forbes.com.
Forbes used data from research providers Sustainalytics and
Morningstar to create the Net Zero ranking of companies that are
best positioning themselves to reduce greenhouse-gas emissions and
transition to a low-carbon economy by 2050. The publication
considered factors such as the robustness of companies’ climate
governance, strategy and risk management, together with an
assessment of competitive strength and financial position. All
companies were considered in the context of their industry and
location of business operations.
CSX was recognized recently by USA TODAY as one of America’s
Climate Leaders. The company is also the only U.S. transportation
company to be included in 2023 S&P Global Sustainability
Yearbook, and has been part of the Dow Jones North America
Sustainability Index for 12 consecutive years, based on its
sustainability performance and other factors. To learn more about
CSX’s sustainability accomplishments and 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
Relations904-366-4515
Bryan Tucker, Corporate
Communications855-955-6397
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