This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Norfolk Southern 2012 Sustainability Report Details Five-year Progress On Environmental Stewardship

NORFOLK, Va., Nov. 6, 2012 /PRNewswire/ -- Norfolk Southern Corp. (NYSE: NSC) has issued its fifth annual corporate sustainability report, documenting progress on the railroad's efforts to reduce its business impacts on the environment.

The 2012 report can be found on Norfolk Southern's environmental website, www.nssustainability.com. It highlights advances made in the five years since the company launched a sustainability program with the goals of achieving industry leadership in fuel conservation, emissions reduction, efficient energy use, recycling, use of renewable materials, and environmental partnerships.

"I am pleased with the progress we have made and the plans we have for strengthening connections with our people, communities, customers, investors, and all those who have a stake in Norfolk Southern's success," notes CEO Wick Moorman. "In five years, we've made a good start. We pledge our long-term commitment to corporate responsibility in sustainability practices and to the principle that environmental stewardship is essential to Norfolk Southern's business success."

The report details initiatives involving social responsibility, economic performance, and environmental conservation. Among other highlights, the railroad reports reaching nearly 60 percent of a five-year goal to reduce its greenhouse gas emissions. Norfolk Southern set a goal to reduce carbon emissions by 10 percent per revenue ton-mile of freight between 2009 and 2014. By the end of 2011, the railroad had reduced emissions by 5.9 percent per revenue ton-mile. The report outlines strategies the railroad has adopted to reduce emissions, including use of technologies and computer-based systems to improve network operating efficiencies and the fuel economy of its locomotive fleet, the company's largest source of carbon emissions.

"Even as increased demand for our freight transportation services has led to higher fuel consumption, we are constantly working to improve our greenhouse gas intensity," notes Blair Wimbush, vice president real estate and corporate sustainability officer.

The report also updates progress on Norfolk Southern's $5.6 million Trees and Trains program, an initiative launched in June 2011 with partner GreenTrees to reforest 10,000 acres in the Mississippi Delta. As part of a broader plan to reduce potential environmental impacts of its railroad operations, Norfolk Southern is working with private-sector partners to sustain longleaf pine forest ecosystems and to restore American chestnut trees to their native range through planting initiatives at former coal mine sites.

"Norfolk Southern's sustainability program is all about minimizing our footprint while connecting with partners who share our vision for responsible corporate environmental stewardship," Wimbush said.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs