Named to Dow Jones Sustainability World Index for the fourth year in a row
MONTREAL, Sept. 16, 2015 /CNW/ - CN (TSX: CNR) (NYSE: CNI) said today its sustainability practices have earned it a place on the Dow Jones Sustainability World Index (DJSI). This marks the fourth consecutive year that CN has been listed on the DJSI World Index and the seventh consecutive year that CN has been listed on the DJSI North America Index.
The DJSI follows a best-in-class approach, surveying sustainability leaders from each industry on a global and regional level. 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 labour practices.
Jim Vena, executive vice-president and chief operating officer of CN, said: "Our sustainability agenda integrates our activities and shapes our thinking in a way that allows us to go further. CN leads the North American rail industry in fuel efficiency, consuming 15 per cent less fuel per gross-ton-mile overall than our peers. This important recognition highlights our ongoing commitment to operating a safe and environmentally responsible railroad."
CN's sustainability achievements are also marked by its ongoing commitment to its "EcoConnexions – From the Ground Up" program, which since 2012 has sponsored tree-planting projects in 85 communities. In combination with a mass reforestation program, this has resulted in over one million trees being planted across Canada and the U.S.
The DJSI World Index selects for inclusion the top 10 per cent of the 2,500 largest companies in the Dow Jones Global Total Stock Market Index from each sector based on their sustainability score.
Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading, sustainability-driven companies. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices.
CN is a true backbone of the economy, transporting more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network spanning Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico. CN – Canadian National Railway Company, along with its operating railway subsidiaries -- serves the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of Toronto, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, and Jackson, Miss., with connections to all points in North America.
For further information: Media: Mark Hallman, Director, Communications & Public Affairs, (905) 669-3384; Investors: Janet Drysdale, Vice-President, Investor Relations, (514) 399-0052