KCS Releases Sustainability Report Update
Written by Carolina Worrell, Senior Editor
KCS’ sustainability report and 2021 sustainability data update follow the GRI's latest standards for disclosing governance, economic, social and environmental topics.
Kansas City Southern (KCS) released on July 21 a 2021 sustainability data update, including an improved injury frequency rate and Carbon Disclosure Project (CDP) climate change disclosure score, to its sustainability report titled, “For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet.”
KCS’ sustainability report and 2021 sustainability data update follow the Global Reporting Initiative’s (GRI) latest standards for disclosing governance, economic, social and environmental topics, and is in alignment with the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-related Financial Disclosures (TCFD) frameworks. These standards provide for the disclosure of measurable data and specific information related to sustainability.
2021 Sustainability Data Update Highlights:
- CS greenhouse gas (GHG) emissions reduction targets were approved by the Science-Based Target initiative. In 2021, KCS established targets committing to reducing its scope 1 and 2 GHG emissions per million gross ton-miles at least 42% by 2034, from a 2019 base year.
- KCS improved its reportable injury frequency rate, finishing the year with a six percent reduction from 2020.
- KCS engaged key stakeholders across our value chain, refreshing our materiality assessment to enhance our sustainability commitments.
- KCS improved its CDP climate change disclosure score to an A-, landing a spot in the Leadership Level category.
“In 2021, KCS continued our sustainability journey by refreshing our materiality assessment and making meaningful progress towards our carbon reductions goals,” said KCS president and CEO Patrick J. Ottensmeyer. “We are proud to share 2021 updates to our sustainability report, which demonstrate our focus on safety, environmentally responsible operations and employee engagement.”
