07/31/2020 | Press release | Distributed by Public on 07/31/2020 08:02
JACKSONVILLE, Fla. - July xx, 2020 - CSX (NASDAQ: CSX) announced today the publication of its 2019 Environmental, Social and Governance (ESG) report, highlighting the company's sustainability performance in the areas of safety, environment, people, communities and governance.
'CSX's goal is to be the best-run railroad in North America and fundamental to that goal is strong ESG performance,' said James M. Foote, president and chief executive officer. 'Since our last comprehensive ESG report was published, CSX has undergone a significant transformation. We revolutionized our operating model, wholly transforming the company's financial and ESG profile. The 2019 report illustrates how the transformation has allowed us to achieve new levels of reliability, customer service, safety, and environmental efficiency.'
The 2019 report discusses many significant achievements; including, record-setting safety performance, achieving 2020 emissions reduction targets ahead of schedule, and becoming the first U.S. Class 1 railroad to operate at a fuel efficiency rate of less than one gallon of fuel per thousand gross ton miles for a quarter.
'CSX is proud of the successes and milestones outlined in the 2019 ESG report. Looking ahead, we are ready to embark on the next phase of sustainable growth and to make CSX the sustainable transportation mode of choice for our customers,' said Foote.
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 nearly 200 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 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://facebook.com/OfficialCSX) and follow us on Twitter (http://twitter.com/CSX).
Bill Slater, Investor Relations
Bryan Tucker, Corporate Communications