This Day On The Street
Continue to site
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

CSX Featured By CDP For Strong Environmental Performance

JACKSONVILLE, Fla., Sept. 26, 2013 /PRNewswire/ -- CSX Corporation (NYSE:CSX) announced that the company was recognized on the CDP S&P 500 Carbon Performance Leadership Index and was included among just five industrial companies worldwide in the CDP Global 500 Climate Performance Leadership Index. These distinctions highlight CSX's steadfast commitment to reducing carbon emissions and fuel use.

"Environmental responsibility and accountability are part of the fabric of our daily operations," says Michael Ward, CSX chairman, president and chief executive officer. "As our business grows, so does our investment in sustainable operations and efficient technology. CSX is proud to be recognized for its efforts and will continue to make the environment a priority for the sustainable future of the company and the benefit of those we serve."

The 2013 CDP S&P 500 report prominently features CSX's National Gateway project, an $850 million public-private rail infrastructure and intermodal terminal capacity project that is projected to eliminate up to 20 million tons of carbon emissions and save nearly 2 billion gallons of fuel. Intermodal shipments now make up nearly 40 percent of the company's shipments by volume and capitalize on the environmental efficiency of freight rail.

CSX raised its performance score among S&P 500 industrial companies from a B to an A, and was the only railroad recognized among five industrial companies on the Climate Performance Leadership Index (CPLI). The CPLI recognizes those companies with superior emissions performance.

Paul Simpson, CEO of CDP, comments, "Natural resource scarcity is intensifying, the scientific case for action to mitigate climate change is strengthening and the number of investors requesting corporate action on climate change through CDP is continually increasing.  We congratulate companies in the Climate Performance Leadership Index for their pioneering efforts to combat climate change and grow low carbon economies at this critical time."

On the 2013 Global Climate Performance Leadership Index, which evaluates the sustainability efforts and successes of the world's 500 largest companies, CSX received the ninth highest score among 40 industrial companies.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 -0.11%
FB $118.57 0.84%
GOOG $698.21 0.75%
TSLA $241.80 0.43%
YHOO $36.53 -0.19%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs