CALGARY, AB, May possibly 6, 2022 /PRNewswire/ – Canadian Pacific (TSX: CP) (NYSE: CP) these days published its 2021 corporate sustainability information supplement. Constructing on the company’s 2020 corporate sustainability report, the 2021 company sustainability data health supplement outlines sustainability metrics and overall performance in the areas of safety, operational excellence and social affect.
“Measuring and reporting on our sustainability overall performance is a significant element of our tradition of continual enhancement, enabling CP and our stakeholders to appraise general performance and assess opportunities to further our sustainability goals,” reported Keith Creel, CP’s President and Main Government Officer. “We are regularly hunting for means to advance our commitments and posture as a sustainability leader in the rail industry.”
CP follows ideal techniques for disclosure and adapts to evolving sustainability frameworks. CP’s sustainability disclosures are ready in alignment with the GRI Requirements and the SASB – Rail Transportation Framework. CP has also expanded its sustainability disclosure to include reporting aligned with the recommendations from the Job Drive on Climate-relevant Financial Disclosure and the firm’s contributions towards the United Nations’ Sustainable Improvement Goals.
Vital sustainability highlights contain:
Security
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CP led the North American Course 1 railroads with the least expensive Federal Railroad Administration (FRA)-reportable coach incident frequency amount for the 16th consecutive yr in 2021.
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CP concluded 2021 with its least expensive-ever FRA-reportable personal harm frequency price. Particular injuries have been down 17 percent from 2020, with a frequency charge of .92 for each 200,000 staff-hrs.
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CP carried out over 100,000 keep track of inspections, masking more than two million observe miles in 2021 to manage network resiliency and protection.
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In 2021, CP invested far more than $1.5 billion into the railway to further enhance community potential and boost functionality and safety.
Operational Excellence
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CP produced its very first Weather Method in 2021 committing to science-primarily based emissions reduction targets across the firm’s Scope 1, 2 and 3 greenhouse fuel emissions.
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By way of continued investment decision to boost locomotive gas efficiency, CP realized a 44 per cent advancement considering that 1990.
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In April 2021, CP began making renewable electricity from a freshly constructed photo voltaic vitality farm at its Calgary headquarters, generating 4,378 MWh of electric power in 2021.
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As aspect of CP’s Weather Approach, CP ongoing to development its Hydrogen Locomotive Software to create North America’s first line-haul hydrogen locomotive. In 2021, CP introduced ideas to extend the plan to include a few locomotive conversions and the building of two hydrogen output and fueling amenities.
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CP transported 1.28 million scrap rail ties to cogeneration facilities for strength recovery, diverting more than 105,000 metric tonnes of waste from landfills.
Social Effects
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By means of its CP Has Heart system, CP served increase more than $5.2 million in 2021 for cardiac causes across its network. Due to the fact 2014, the method has raised about $29 million to increase the heart health of adults and youngsters throughout North The us.
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CP’s 3 interior range councils focus on endorsing racial, gender (which include 2SLGBTQ+) and Indigenous variety at CP.
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In response to wildfires in Lytton, B.C. in 2021, CP pledged $1 million to assistance recovery efforts.
In recognition of the CP’s ongoing steps to strengthen its sustainability disclosure and performance, in 2021 CP was named to the CDP A Record for the initial time, and integrated on the Dow Jones Sustainability North The us Index for the 2nd yr in a row. CP’s management in sustainability practices was also acknowledged as a person of Corporate Knights Magazine’s 2022 World-wide 100 most sustainable businesses and by the World Finance Sustainability Awards 2021, which named the enterprise a sustainability leader in the transportation marketplace.
The 2021 Sustainability Knowledge Dietary supplement and the 2020 Corporate Sustainability Report are available on the net by CP’s Sustainably Pushed web-site.
About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to main ports on the west and east coasts. CP offers North American consumers a aggressive rail company with obtain to key markets in each and every corner of the world. CP is escalating with its customers, offering a suite of freight transportation providers, logistics remedies and provide chain know-how. Visit cpr.ca to see the rail benefits of CP. CP-IR
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