CALGARY, AB, Nov. 16, 2020 /CNW/ - Canadian Pacific Railway
Limited (TSX: CP) (NYSE: CP) is proud to announce that it has been
added to the 2020 Dow Jones Sustainability Index (DJSI)
North America.
The index measures corporate sustainability leaders' performance
through a comprehensive assessment of economic, environmental and
social criteria. The top companies were selected this year from a
record number of participants in the 2020 Corporate Sustainability
Assessment.
"CP is always working to develop innovative, impactful ways to
enhance the communities we serve and protect the environment," said
Keith Creel, CP President and Chief
Executive Officer. "We have been a part of the North American
landscape since 1881, and our commitment to people, the planet,
safety and ethics is unwavering. I am proud that the DJSI has
recognized the hard work and commitment of the entire CP
family."
In July 2020, CP released its
first public statement on climate change. The statement
acknowledges the effects of rising global temperatures and lays out
CP's commitment to ongoing efforts to mitigate the impacts.
The statement supports the goals of the Paris Agreement and the
Pan-Canadian Framework on Clean Growth and Climate Change, which
seek to limit global temperature rise to well below 2°C above
pre-industrial levels.
"We congratulate CP for being included in the DJSI North
America," said Manjit Jus, Global
Head of ESG Research and Data, S&P Global. "A DJSI distinction
is a reflection of being a sustainability leader in your
industry."
CP has long focused on energy-saving initiatives as a core
component of its sustainability practices. Since 1990, CP has
improved its locomotive fuel efficiency by more than 40 percent
through many different initiatives and programs designed to improve
fuel economy and reduce air emissions. The application of leading
practices, emerging tools and relationship building across the
value chain and industrial sector will remain critical as CP
addresses climate change challenges.
For more information about CP's sustainability practices and
initiatives, visit sustainability.cpr.ca.
About Canadian Pacific
Canadian Pacific is a
transcontinental railway in Canada
and the United States with direct
links to major ports on the west and east coasts. CP provides North
American customers a competitive rail service with access to key
markets in every corner of the globe. CP is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit
cpr.ca to see the rail advantages of CP. CP-IR
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SOURCE Canadian Pacific