CN named to Dow Jones Sustainability Indexes
Written by William C. Vantuono, Editor-in-ChiefCN has been named to the Dow Jones Sustainability Index (DJSI) World Index for the fifth consecutive year and to the DJSI North America Index for the eighth consecutive year.
The DJSI “follows a best-in-class approach, surveying sustainability leaders from each industry on a global and regional level,” CN noted. “The annual review of the DJSI family is based on a thorough analysis of economic, environmental and social performance, assessing issues such as corporate governance, risk management, climate change mitigation, supply chain standards, stakeholder engagement and labor practices.”
CN said its sustainability commitment delivered, in 2015, a 19% reduction in locomotive greenhouse gas emissions intensity based on 2005 levels; a 25% reduction in accidents per million train-miles; approximately 90% diversion of its operations waste from landfills; C$18 million to support local organizations, program and initiatives; and transportation of C$250 billion worth of goods for exporters, importers, retailers, farmers and manufacturers.
“It is an honor to be recognized by the DJSI as a leader in sustainability,” said CN President and CEO Luc Jobin. “CN remains committed to sustainable business practices. Our Delivering Responsibly vision represents what our company stands for. It determines how we conduct our business every day and defines our contribution to building a more sustainable future.”
Launched in 1999, the DJSI World Index is described by Dow Jones as “the gold standard for corporate sustainability and the first global index to track the leading sustainability driven companies, based on RobecoSAM’s analysis of financially relevant Environmental, Social, and Governance (ESG) factors and S&P DJI’s robust index methodology. RobecoSAM invited the world’s largest 3,400 companies from developed and emerging markets to take part in its annual Corporate Sustainability Assessment (CSA). The DJSI World Index selects for inclusion the top 10% of the 2,500 largest companies in the S&P Global Broad Market Index from each sector based on their sustainability scores.”
