CP Added to the Dow Jones Sustainability North America Index
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.
See the full press release here.
CP is proud to announce the hydrogen-powered locomotive pilot project, an integral part of our commitment to meet the challenge of climate change and support the decarbonization of the freight transportation sector in North America.
CP was recognized for sustainabiltiy leadership on the SAM Corporate Sustainability Assessment and added to the Dow Jones Sustainability Index (DJSI) for North America in 2020.
CP received a leadership level score of A- on the CDP Climate Change 2020 questionnaire for our management and prioritization of climate change impacts.
CP has begun work to install a solar energy farm at its corporate headquarters in Calgary. The installation is expected to generate more power than consumed annually at CP's main headquarters building by early 2021.
The 2019 Corporate Sustainability Data Supplement is part of CP’s commitment to detailed disclosure, outlining sustainability metrics and performance in the areas of safety, operational excellence and social impact.
In 2018, Discovery Channel premiered the documentary series, Rocky Mountain Railroad, featuring CP and the Ontario Northland Railway.
Isabelle Courville, a Board director since 2013, became Chair of the Board May 7, 2019, making history as the first-ever woman at CP and the first-ever woman across all Class 1 freight railways in North America to hold this position.
Congenital heart defects affect one in 80 children in Canada every year and there is currently no treatment to permanently repair the heart.
In partnership with Golf Canada, CP sponsors the annual Women’s Open golf tournament, and makes a substantial donation each year to support local paediatric care in the host community of Canada's National Open Golf Championship.
CP is dedicated to raising awareness about heart-healthy living through our community investment platform, CP Has Heart.
In April 2018, CP sponsored and participated in the week-long Atamiskākēwak Gathering in Moose Jaw, Sask.
In September 2019, CP hosted the inaugural Safety Awards for Excellence Gala at the RCP Pavilion at E.H.H. Campus in Calgary.
Utilizing the results of CP’s 2017 Employee Engagement survey, CP recognized the need to coach our emerging leaders to help them engage our new employees.
In June 2019, the Homes for Heroes Foundation and CP held their third annual Spin for a Veteran event, which raised more than $530,000.
In 2017, CP and the Unifor National Employment Equity and Human Rights Committee conducted an internal review to identify gaps and challenges to hiring Indigenous individuals for railcar mechanical positions.
In June 2018, CP suppliers and employees enjoyed a round of golf at the Elbow Springs Golf Club in Calgary where, with the support of numerous donations, they raised $100,000 for Heart Beats Children’s Society of Calgary.
Introduced in 2017, CP FastPass is an industry-leading mobile app that helps reduce truck density and wait times at intermodal terminals across North America.
In late 2018, CP introduced the next generation of grain transportation.
To mitigate safety risks and disruptions associated with railcar roller bearing failures, railways use wayside detectors to collect data about the condition of bearings (including temperature and vibration) on passing trains.
To support steelhead trout populations, including rearing and spawning, CP began a habitat enhancement project along 100 metres of the Bonaparte River in British Columbia in 2017.
During CP’s long history, there were times we needed to draw water from strategically located wells to service steam locomotives and water livestock in transit.
In August 2018, CP conducted Project Alpan, our largest real-world incident simulation exercise to date.
In August 2018, the Railway Association of Canada recognized CP’s commitment to safety at its annual 2018 Safety Awards.
In June 2019, CP officially renamed Hobbema train station located in central Alberta to Maskwacis, in acknowledgement of the true heritage of the land and the tribes who originated on Treaty 6 territory.
River in Iowa
After severe flooding along Iowa's Turkey River in March 2019, damage to a rail bridge resulted in 400 feet of CP main line track falling into the river. In a remarkable 12 days, CP's Operations team replaced and elevated the missing bridge