CSX Named to CR Magazine's Best Corporate Citizens List
JACKSONVILLE, Fla., April 28, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) announced that Corporate Responsibility (CR) Magazine recognized the company on its 100 Best Corporate Citizens List. CSX ranked 75th among 100 public companies with a strong commitment to social responsibility, and was the only railroad named to the list this year.
"It's a great honor to be included among the nation's top corporate citizens, and to have the community service and other activities of our employees recognized," said Michael J. Ward, CSX chairman, president and CEO. "We're proud of how we conduct our business and also take great pride in being good neighbors in the communities in which we live and work."
As part of the company's efforts to protect the environment, CSX has spent more than $1.75 billion over the past decade to update its fleet with fuel-efficient locomotives and technologies. In 2012, the company set a goal to reduce greenhouse gas-emission intensity by 6 to 8 percent by 2020. Further, CSX's dedication to the communities it serves can be seen through its employee engagement programs, community investment projects and partnerships with organizations such as City Year, the National FFA Organization, the Alliance for Community Trees and the Nature Conservancy.
First named to the list in 2012, CSX's position on the list is a reflection of the company's commitment to sustainable operations, citizenship and strong corporate governance – all which are deeply rooted in the company's values and culture.
CSX will soon publish its fourth annual Corporate Social Responsibility report which provides a comprehensive view of the company's initiatives including its environmental and financial performance and its role as a corporate citizen in 2013. The report is one example of the company's dedication to transparent communications with its many stakeholders including customers, investors, employees, and community members within its 23-state territory.
The 100 Best Corporate Citizens List is compiled based on 298 publicly-available data points in seven categories, including employee relations, philanthropy, environment, climate change, governance, human rights, and finance.
For more information about the Best Corporate Citizen list, visit CR Magazine website, www.thecro.com.
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For more than 185 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and small farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://www.facebook.com/OfficialCSX) and follow us on Twitter (http://twitter.com/CSX).