CSX Corporation was named to the Dow Jones Sustainability Index (DJSI) for North America for the second consecutive year and was the only U.S. railroad listed in 2012.
“Sustainable practices improve today’s operations and position CSX for a strong future,” said Michael Ward, chairman, president and chief executive officer. “CSX remains committed to transparency and accountability and will continue to implement new sustainability strategies as our business grows.”
CSX received high marks for its work in climate change strategies and environmental management, as well as in corporate governance and human capital development.
CSX recently committed to reducing its greenhouse gas emissions intensity six to eight percent by 2020 and announced in early 2012 plans to hire approximately 3,000 new employees this year, primarily to make up for attrition. In addition, the company expects to make $2.25 billion of capital investments in 2012, including a number of critical infrastructure and strategic initiatives.
“Over the last several years, we have witnessed a continued and growing interest in long-term investment strategies that include sustainability investing,” said David Blitzer, managing director and chairman of the S&P Dow Jones Index Committee, S&P Dow Jones Indices.