CP's first comprehensive Climate Strategy outlines our approach to drive innovative climate action and a measured response to emerging climate-related risks impacting the rail sector.
CP Releases 2019 Corporate Sustainability Data Supplement
CP has released its 2019 corporate sustainability data supplement to the company’s 2018 sustainability report, Sustainably Driven. The information in the report was prepared in accordance with the Global Reporting Initiative Standards and aligns closely with the Sustainability Accounting Standards Board for Rail Transportation framework.
“CP is committed to operating in an ethical and responsible manner that considers our obligations to employees, customers, communities and shareholders,” said Keith Creel, CP's President and Chief Executive Officer. “We are resolute in our approach to sustainability and to meeting the needs of our key stakeholders and the broader environment.”
The data supplement is a significant milestone in CP’s journey toward a higher level of reporting and stronger environmental, social and governance practices. This supplement represents the first time CP has been able to report its full Scope 3 greenhouse gas (GHG) emissions, an important step to understanding the broader impact of CP’s business. All emissions reported in the supplement have the highest level of third-party assurance.
Key sustainability highlights include:
- In 2019, CP continued to lead as North America's safest Class 1 railway with the lowest Federal Railroad Administration (FRA) reportable train accident frequency for the 14th consecutive year.
- CP achieved a 23 percent reduction in personal FRA-reportable employee personal injuries since implementation of its Home Safe program in 2016.
- Since 1990, CP has improved its locomotive fuel efficiency by 43 percent through initiatives designed to improve fuel economy and reduce air pollution emissions.
- Transportation of freight by rail is three to four times more fuel-efficient than highway transport, helping our customers further reduce their GHG emissions.
- CP increased its intermodal traffic by nearly 5 percent in 2019, transporting an additional 1.3 billion revenue ton-miles of freight by rail.
- In 2019, CP completed more than 86,000 main-track inspections on more than 1.8 million main-track miles.
- Since 2015, CP has decreased water consumption by nearly 60 percent network-wide.
- In 2019, CP raised $530,000 in support of the Homes for Heroes Foundation and its initiative of building homes for homeless veterans through its Spin for a Veteran event and supplier golf tournament.
- CP hired 126 Canadian and U.S. veterans in 2019.
- In 2019, CP provided respectful and inclusive workplace training to more than 2,700 employees. An additional 1,496 employees received Indigenous cultural awareness training as part of CP’s support for diversity and inclusion in its workplace.
CP will continue to build on this progress and deliver on its ambitious vision for the future of its business in a low-carbon economy, as outlined in CP’s recent public statement on climate change. 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 degrees Celsius above pre-industrial levels.
CP’s actions and efforts to strengthen its leadership in the transition to a low-carbon economy were recognized this year by Corporate Knights Magazine’s Best 50 Corporate Citizens list and by the World Finance Sustainability Awards 2020, which named the company a sustainability leader in the transportation industry.
The document is part of CP’s commitment to detailed disclosure, outlining sustainability metrics and performance in the areas of safety, operational excellence and social impact.
CP plans to develop North America’s first line-haul hydrogen-powered locomotive. The Hydrogen Locomotive Program will retrofit a line-haul locomotive with hydrogen fuel cells and battery technology to drive the locomotive’s electric traction motors.
The project is one of the largest private solar farms in Alberta, and is expected to generate more power than consumed annually by the main headquarters building.
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.
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