JACKSONVILLE, Fla., June 17, 2013 /PRNewswire/ -- CSX Corporation (NYSE:CSX) today released its 2012 Corporate Social Responsibility (CSR) report detailing the company's environmental, social, governance and financial performance. The full report is accessible at the company's microsite, www.CSXCSR.com, which highlights CSX's sustainability and corporate citizenship efforts in action.
"At CSX, we are committed to the relentless pursuit of excellence," said Michael J. Ward, chairman, president and chief executive officer. "Operating a sustainable, transparent company is an important element of this commitment, and our CSR report demonstrates how we put these values into practice. It's also evidence that CSX's environmental stewardship and employee and community engagement work in tandem with our continued strong financial and operational performance."
The CSR report measures CSX's environmental performance and documents the company's commitment to managing its environmental footprint. Key environmental achievements in 2012 include:
- Progressing toward the company's goal to reduce GHG emissions intensity between 6 and 8 percent from 2011 levels by 2020;
- Continuing to invest in technologies to improve fuel efficiency and reduce emissions from locomotives;
- Training nearly 30,000 employees in environmental stewardship programs.
The report also discusses CSX's role as an employer and corporate citizen. In 2012, CSX continued to support local communities where it operates and strengthen a diverse, engaged workforce through these accomplishments:
- Achieved exceptional safety results, including the fewest ever employee injuries toward the goal of zero injuries;
- Hired approximately 2,400 employees, 26 percent of which were military veterans;
- Provided more than $14 million in corporate giving to communities;
- Logged more than 26,000 hours of employee volunteer time, an increase of more than 6,000 over the previous year;
- Partnered with numerous national and local organizations, including City Year, Future Farmers of America, National Safe Place, Dignity U Wear, Alliance for Community Trees and The Nature Conservancy, as well as public-private partnerships, like the innovative, ongoing High Line project in New York City.
Detailed in the report is CSX's continued focus on fostering profitable, responsible growth, delivering strong financial performance for its shareholders. CSX made capital investments of $2.3 billion in 2012, including investments related to public-private partnerships, in its network to ensure the company's ability to continue delivering excellent customer service. CSX plans to make capital investments of $2.3 billion in 2013 as well. The report also provides an insightful look at CSX's business markets, including a detailed review of the diverse portfolio of products transported over its network.
"CSX's CSR report is both a comprehensive review of the past year and our guide for the future," Ward added. "Our goal is to use this report to engage further in important conversations with our stakeholders about how CSX can continue to be a leader in sustainability in 2013 and beyond."
CSX's 2012 CSR report was prepared in accordance with the Global Reporting Initiative (GRI) G3.1 Sustainability Reporting Guidelines, and is self-declared to be a GRI Application Level B report. GRI is a globally recognized reporting framework for environmental, social and governance performance. The content and direction of the report was informed, in part, by the issues and concerns raised during the company's ongoing engagement with employees, customers, investors, community and NGO partners, regulators and suppliers.
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).
SOURCE CSX Corporation