CALGARY,
AB, Sept. 20, 2022 /CNW/ - Canadian
Pacific (TSX: CP) (NYSE: CP) today launched a web-based carbon
emissions calculator, giving customers greater insight into the
carbon footprint of its freight rail transportation services. The
tool enables complex, tailored emissions calculations and
incorporates customer-specific shipping details to calculate route
and commodity-specific greenhouse gas (GHG) emissions.
The carbon calculator allows CP's customers to explore the
impacts of their own emissions footprint and make decisions to
reduce freight transportation emissions by choosing the lowest
carbon-emitting mode of transportation. The tool provides
additional insights into the climate-related benefits of shipping
freight with CP's rail services, an overview of lifecycle emissions
from logistics services and a comparison of CP's rail services to
long-haul trucking alternatives.
"CP is committed to operating sustainably and being part of the
solution in the transition to a less carbon intensive economy in
North America," said Keith Creel, CP President and CEO. "We are
pleased to provide customers with a tool that allows them to better
understand the carbon footprint associated with their shipping
options and make informed choices that benefit the
environment."
As part of the company's Climate Strategy, CP focuses on
operational efficiency and performance improvement, working
diligently to optimize energy consumption and reduce costs. CP
recognizes that its ability to influence GHG emission reductions
extends beyond its operations and across its suppliers and value
chain network. The carbon emissions calculator provides a framework
to engage across the value chain to identify and collaborate on
opportunities to reduce GHG emissions within supply chains.
CP recognizes that collective action to decarbonize needs to
continue during the coming decades and is proud to take a
leadership role in the freight transportation sector's ongoing
efforts to reduce its collective environmental impact. Sharing
insights and experiences with external stakeholders will add
further value to CP's climate programs and support collaboration
and innovation that will benefit the broader transportation
industry.
CP's Carbon Emissions Calculator is available online through
CP's Sustainably Driven website.
About Canadian Pacific
Canadian Pacific is a
transcontinental railway in Canada
and the United States with direct
links to major ports on the west and east coasts. CP provides North
American customers a competitive rail service with access to key
markets in every corner of the globe. CP is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit cpr.ca to see
the rail advantages of CP. CP-IR
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SOURCE Canadian Pacific