Sunday, 3 March 2024
Trending

Investing

CN recognized for sustainability efforts in transportation By Investing.com

Truist in talks to sell insurance business for $10 billion - Semafor

© Reuters.

MONTREAL – Canadian National Railway Co. (TSX: TSX:) (NYSE: CNI), known as CN, has been acknowledged for its sustainability performance within the transportation industry, according to recent ratings by S&P Global and environmental non-profit CDP. CN’s President and CEO, Tracy Robinson, credited the company’s dedication to environmental stewardship and a responsible corporate culture for these accolades.

The 2024 S&P Global Yearbook listed CN as a top sustainability performer in its sector, marking the company’s 12th consecutive year on the Dow Jones Sustainability World Index and its 15th year on the DJSI North American Index. In addition, CN received an ‘A-‘ leadership score from CDP for its efforts in climate change transparency and performance.

In late 2023, CN released its ninth Delivering Responsibly Report, providing an update on its sustainability strategy and performance in areas such as environment, safety, community, and governance. The report adheres to standards set by the Sustainability Accounting Standards Board and the Global Reporting Initiative.

Other notable ESG ratings for CN include a top spot in corporate governance among companies listed on the S&P/ TSX Composite Index by The Globe and Mail and a ranking of 7th among the Best 50 Corporate Citizens in Canada by Corporate Knights. MSCI ESG Ratings also awarded CN an ‘AA’ score, making it the highest-ranked Class I railroad in North America based on resilience to long-term, industry material ESG risks.

CN’s network spans 18,800 miles, connecting the eastern and western coasts of Canada with the U.S. South, and is integral to North American trade and the economy. The company emphasizes its commitment to social responsibility and environmental stewardship.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Here to Read the Full Original Article at All News…