Investors, customers, communities benefit from more info on Norfolk Southern's
Railroad achieves its best-ever carbon disclosure score
NORFOLK, Va., Nov. 20, 2013
NORFOLK, Va., Nov. 20, 2013 /PRNewswire/ -- Norfolk Southern (NYSE: NSC)has
achieved its best-ever score in reports that grade large U.S. and global
companies on how well they measure and manage their carbon footprint.
In CDP's 2013 S&P 500 and Global 500 climate change reports, Norfolk Southern
scored a 90 for its carbon disclosure, on a scale of 0-100. That is a 2
percent improvement over its 2012 score of 88 and is the company's highest in
the six years it has participated in the voluntary CDP survey.
"As a responsible corporate citizen, Norfolk Southern strives to continuously
improve the way we manage potential environmental impacts of our business
operations, and we are pleased that this year's disclosure score reflects
those efforts," said Blair Wimbush, NS vice president real estate and
corporate sustainability officer.
Of 44 U.S. industrial-sector corporations in the CDP's S&P 500 report, Norfolk
Southern was among 14 that scored 90 or higher on carbon disclosure.
CDP, formerly known as Carbon Disclosure Project, is an independent
not-for-profit organization that supports reduction of greenhouse gas
emissions and the sustainable use of water and forest resources. In addition
to scoring companies on their disclosure level, CDP awards performance grades
of E to A to measure a company's efforts to mitigate climate change and reduce
greenhouse gas emissions. Norfolk Southern's 2013 performance grade is B,
matching its 2012 and 2011 grade.
By the end of 2012, Norfolk Southern had accomplished nearly 69 percent of its
goal to reduce greenhouse gas emissions by 10 percent per revenue ton-mile
between 2009 and 2014. The company has invested in locomotive fuel-saving
technologies, more efficient lighting and energy systems in rail facilities,
and network improvements that increase the capacity and fluidity of rail
For example, the company is investing nearly $30 million to equip road
locomotives with LEADER, a GPS-based computer system that helps engineers
achieve maximum fuel efficiency when operating trains. By diverting long-haul
freight to trains from trucks, the company's Crescent Corridor – a
public-private improvement program that spans 11 states from Louisiana to New
Jersey – has the potential to reduce greenhouse gases by 1.9 million tons
annually when fully developed. Last year, the company invested nearly $1
million to replace lighting at six rail yards in West Virginia, North
Carolina, and Pennsylvania, reducing energy use at those facilities by 62
"We are taking a comprehensive, strategic approach to reduce emissions
throughout our operation," Wimbush said. "We are committed to maintaining a
high-quality system that leverages freight rail's inherent efficiencies in
support of the economy, less highway congestion, and lower overall fuel
consumption and greenhouse gas emissions."
To learn more, read Norfolk Southern's 2013 corporate sustainability report at
CDP collects data from the world's largest companies on behalf of more than
722 institutional investors with combined assets of $87 trillion. It provides
the only global system for companies and cities to measure, disclose, manage,
and share vital environmental information.
Norfolk Southern Corporation is one of the nation's premier transportation
companies. Its Norfolk Southern Railway Company subsidiary operates
approximately 20,000 route miles in 22 states and the District of Columbia,
serves every major container port in the eastern United States, and provides
efficient connections to other rail carriers. Norfolk Southern operates the
most extensive intermodal network in the East and is a major transporter of
coal, automotive, and industrial products.
Connect with NS
SOURCE Norfolk Southern Corporation
Contact: (Media) Jon Glass, 757-629-2789 (firstname.lastname@example.org), or
(Investors) Michael Hostutler, 757-629-2861 (email@example.com)
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