Tuesday, June 18, 2013

CSX releases 2012 CSR Report

CSX unveiled its 2012 Corporate Social Responsibility (CSR) Report outlining the company's operations, environmental, social and financial performance.

 

"At CSX, we are committed to the relentless pursuit of excellence," said Michael Ward, chairman, president and chief executive officer. "Operating a sustainable, transparent company is an important element of this commitment and our CSR report demonstrates how we put these values into practice. It's also evidence that CSX's environmental stewardship and employee and community engagement work in tandem with our continued strong financial and operational performance."

The CSR report measures CSX's environmental performance and documents the company's commitment to managing its environmental footprint. Key environmental achievements in 2012 include progressing toward the company's goal to reduce GHG emissions intensity between six and eight percent from 2011 levels by 2020; continuing to invest in technologies to improve fuel efficiency and reduce emissions from locomotives and training nearly 30,000 employees in environmental stewardship programs.

The report also discusses CSX's role as an employer and corporate citizen. In 2012, CSX continued to support local communities where it operates and strengthen a diverse, engaged workforce through accomplishments, such as achieving exceptional safety results, including the fewest ever employee injuries toward the goal of zero injuries; hiring approximately 2,400 employees, 26 percent of which were military veterans; providing more than $14 million in corporate giving to communities; logging more than 26,000 hours of employee volunteer time, an increase of more than 6,000 over the previous year and partnering with numerous national and local organizations, including City Year, Future Farmers of America, National Safe Place, Dignity U Wear, Alliance for Community Trees and The Nature Conservancy, as well as public-private partnerships, like the innovative, ongoing High Line project in New York City.

Detailed in the report is CSX's continued focus on fostering profitable, responsible growth, delivering strong financial performance for its shareholders. CSX made capital investments of $2.3 billion in 2012, including investments related to public-private partnerships. CSX plans to make capital investments of $2.3 billion in 2013, as well.

"CSX's CSR report is both a comprehensive review of the past year and our guide for the future," Ward added. "Our goal is to use this report to engage further in important conversations with our stakeholders about how CSX can continue to be a leader in sustainability in 2013 and beyond."

 

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