CSX Named to Dow Jones Sustainability Index for Second Consecutive Year
JACKSONVILLE, Fla., Sept. 19, 2012 /PRNewswire/ -- CSX Corporation (NYSE: CSX) announced that it 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 J. 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 6 to 8 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.
The DJSI is a partnership between the Dow Jones Indexes and SAM Sustainability Assessments which rates the top corporate performers in financial performance and sustainable business practices. Every year, the DJSI invites the world's 2,500 largest companies to report on their sustainability practices across economic, environmental and social criteria.
CSX Corporation, based in Jacksonville, Fla., is one of the nation's leading transportation companies, providing rail, intermodal and rail-to-truck transload services. CSX's network spans approximately 21,000 miles, with service to 23 eastern states, the District of Columbia and two Canadian provinces. CSX's network connects more than 240 short line railroads and more than 70 ocean, river, and lake ports. 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).
SOURCE CSX Corporation