CP Joins United Nations Global Compact
Written by Marybeth Luczak, Executive Editor
(Photograph Courtesy of CP via Twitter)
Canadian Pacific (CP) on July 7 reported committing to the United Nations (UN) Global Compact.
CP said it is “the first freight rail company in North America to participate” in the global compact, which it described as “a voluntary leadership platform for the development, implementation and disclosure of socially responsible business practices.” More than 15,000 companies, in 160-plus countries, participate.
“CP is committed to aligning our strategies and operations with 10 universally accepted principles in the areas of human rights, labor, environment and anti-corruption, and taking action in support of the [17] UN Sustainable Development Goals,” said the Class I railroad, which noted that it “will continue to demonstrate measurable impact on these goals through periodic updates and annual reporting to the UN Global Compact.”
“CP’s participation in the UN Global Compact marks an important milestone as we advance our commitments and position as a sustainability leader in the rail industry,” said CP President and CEO Keith Creel, who was co-recipient of Railway Age’s 2022 Railroader of the Year Award with Kansas City Southern President and CEO Patrick J. Ottensmeyer. “CP is proud to join thousands of other companies globally committed to sustainable and responsible business action.”
In related developments, CP recently earned a spot on Corporate Knights’ Best 50 Corporate Citizens in Canada list for 2022, and released a 2021 corporate sustainability supplement that includes data on safety, operations and social impact.
