Content Indices

GRI Index


Content Indices
GRI Index

Global Reporting Initiative (GRI) Index

GENERAL DISCLOSURES

GRI StandardDisclosureDescriptionLocation/Direct Answer
Organizational Profile
GRI 102: General Disclosures
102-1Name of the organizationCanadian Pacific Railway Limited
102-2Activities, brands, products and servicesAbout CP
102-3Location of headquartersSustainability at CP; Calgary, Alberta, Canada
102-4Location of operationsAbout CP; 2021 Investor Fact Book, p. 4-5
102-5Ownership and legal formCP is a publicly traded company on the Toronto Stock Exchange and New York Stock Exchange under the symbol “CP”. 2020 Annual Report, p. 26
102-6Markets servedAbout CP; 2021 Investor Fact Book, p. 4-7
102-7Scale of the organizationSustainability Metrics; About CP; 2020 Annual Report, p. 58, 61
102-8Information on employees and other workersSustainability Metrics
102-9Supply chainCP’s supply chain consists of a wide array of goods and services to support CP’s corporate offices, fuel for trains, IT systems, the operation of a variety of facilities and the day to day needs of maintaining CP’s track infrastructure, communications systems, locomotives and rail cars.
 
Selling to CP
102-10Significant changes to the organization and its supply chainIn June 2020, CP completed the acquisition of the Central Maine & Quebec Railway US Inc. (CMQ US). The acquisition integrates CMQ US's 244.2 route-miles of rail line in Maine and Vermont into CP's network, and includes 57.3 route-miles leased from the Maine Department of Transportation.
 
In December 2020, CP acquired full ownership of the Detroit River Tunnel Partnership, which owns a 1.6-mile rail tunnel linking Windsor, Ont. and Detroit, Mich.
 
2020 Annual Report, p. 26-28
102-11Precautionary Principle or approachCP does not formally use the precautionary approach, but has a formal risk management process. All new business initiatives and construction-related projects are subject to structured risk assessments or natural environmental screenings.
 
2021 Management Proxy Circular, p.38
102-12External initiativesGovernance & Ethics; Sustainability at CP; Diversity & Inclusion; Indigenous Relations
102-13Membership of associationsGovernance & Ethics; Sustainability at CP; Diversity & Inclusion; Indigenous Relations
Strategy
GRI 102: General Disclosures
102-14Statement from senior decision-maker2020 Sustainability Report, p. 8-9
102-15Key impacts, risks and opportunities2020 Sustainability Report, p. 8-9; Sustainability at CP; 2020 Annual Report, p. 44
Ethics and Integrity
GRI 102: General Disclosures
102-16Values, principles, standards and norms of behaviorGovernance & Ethics; About CP; Our Purpose
102-17Mechanisms for advice and concerns about ethicsGovernance & Ethics; Code of Business Ethics; Business Ethics Reporting Policy
Governance
GRI 102: General Disclosures
102-18Governance structureSustainability Metrics; Governance & Ethics; Corporate Governance; 2021 Management Proxy Circular, p. 73
 
CP’s Corporate Governance Principles and Guidelines and Terms of Reference for the Board of Directors outline director qualifications, expectations and responsibilities as part of their tenure with CP.
 
The Board completes an annual director assessment to assure members’ competencies, experience and perspectives support CP achieving our goals and objectives. This assessment process typically involves an independent advisor and includes goal setting, director interviews, recommendations, committee meetings to review recommendations and committee monitoring on progress.
102-19Delegating authorityGovernance & Ethics; Corporate Governance; 2021 Management Proxy Circular, p. 72
102-20Executive-level responsibility for economic, environmental, and social topicsSustainability at CP; As illustrated in its Terms of Reference, responsibilities of the Risk and Sustainability Committee include, but are not limited to:
  • Reviewing short- and long-term sustainability objectives and results of any internal and external stakeholder engagement
  • Reviewing performance against short- and long-term sustainability objectives and reviewing CP’s plans to improve performance with respect to sustainability practices and reporting
  • Reviewing strategic plans and opportunities for CP, to ensure alignment with our sustainability objectives and long-term sustainability considerations including climate change, workforce risks and supply chain risks
  • Monitoring and reporting to the Board on emerging sustainability trends, risks or issues relevant to CP
At the management level, CP has a Sustainability Steering Committee that guides decisions on day-to-day sustainability tasks, programs and priorities.
102-21Consulting stakeholders on economic, environmental, and social topicsSustainability at CP
102-22Composition of the highest governance body and its committeesSustainability Metrics; 2021 Management Proxy Circular, p. 8; CP Board of Directors
102-23Chair of the highest governance bodyGovernance & Ethics; 2021 Management Proxy Circular, p. 20; CP Board of Directors
102-24Nominating and selecting the highest governance bodyGovernance & Ethics; Corporate Governance Principles and Guidelines; 2021 Management Proxy Circular, p. 84;
102-25Conflicts of interestCode of Business Ethics, p. 3; 2021 Management Proxy Circular, p. 86
102-26Roles of highest governance body in setting purpose, values and strategy2021 Management Proxy Circular, p. 73
102-27Collective knowledge of highest governance body2021 Management Proxy Circular, p. 89
102-28Evaluating the highest governance body's performanceOur executive compensation program supports our railway culture, and is linked to the critical metrics that drive the achievement of our strategic plan and follow through on our values. CP has established a number of sustainability performance-based compensation metrics for our CEO and executive suite, as well as management personnel.
 
Our short-term incentive plan (STIP), which applies to all non-unionized positions, includes annual targets for two key sustainability metrics — namely, safety and customer service. In 2020, we updated our executive short-term performance incentive program to include safety metrics related to CP’s FRA personal injury frequency and FRA train accident frequency metric, accounting for 20 percent of CP’s annual short term incentive program. Our customer service metric, Trip Plan Compliance, has a 10 percent weighting. For more information on executive compensation, see our 2021 Management Proxy Circular, p. 33, 44, 84
102-29Identifying and managing economic, environmental and social impactsSustainability at CP
102-30Effectiveness of risk management processesAs illustrated in its Terms of Reference, responsibilities of the Risk and Sustainability Committee include, but are not limited to:
  • Reviewing short- and long-term sustainability objectives and results of any internal and external stakeholder engagement
  • Reviewing performance against short- and long-term sustainability objectives and reviewing CP’s plans to improve performance with respect to sustainability practices and reporting
  • Reviewing strategic plans and opportunities for CP, to ensure alignment with our sustainability objectives and long-term sustainability considerations including climate change, workforce risks and supply chain risks
  • Monitoring and reporting to the Board on emerging sustainability trends, risks or issues relevant to CP
At the management level, CP has a Sustainability Steering Committee comprising representatives of Investor Relations, Environmental Risk, and Communications and Media Relations. This team guides decisions on CP’s day-to-day sustainability tasks, programs and priorities, and reports to the Disclosure Policy Committee, composed of the EVP and Chief Financial Officer, SVP and Chief Risk Officer, and Chief Legal Officer and Corporate Secretary.
102-31Review of economic, environmental and social topicsSustainability at CP
102-32Highest governance body's role in sustainability reportingSustainability at CP
102-33Communicating critical concernsGovernance & Ethics; Business Ethics Reporting Policy; 2021 Management Proxy Circular, p. 17
102-34Nature and total number of critical concernsGovernance & Ethics; Corporate Governance
102-35Remuneration policies2021 Management Proxy Circular, p. 40
102-36Process for determining remuneration2021 Management Proxy Circular, p. 32
102-37Stakeholders' involvement in remuneration2021 Management Proxy Circular, p. 14
Stakeholder Engagement
GRI 102: General Disclosures
102-40List of stakeholder groupsSustainability at CP;
Investors; Employees; Customers; Municipalities and Indigenous Communities; Suppliers; Trade Associations; Regulators and Governments; Academic Institutions; Non-governmental Organizations.
102-41Collective bargaining agreementsWorkforce Management; 2020 Annual Report, p. 40
102-42Identifying and selecting stakeholdersSustainability at CP
102-43Approach to stakeholder engagementSustainability at CP;
Investors: Actively engage with the broader investment community throughout the year, including current and prospective investors, analysts, advocacy groups and bond rating agencies
Employees: CEO Town Hall meetings multiple times a year; biennial pulse surveys for measuring employee engagement; Women on Track panel discussions to promote diversity and inclusion in the workplace
Customers: Customer Advisory Panel; Customer surveys; Hazardous materials shippers emergency planning and response networks (TransCAER, Responsible Care)
Municipalities and Indigenous Communities: Community Connect online platform, available 24/7; Regular sponsorships and participation in Indigenous events; Direct engagement during project development; CP Police Service interface, as needed; Annual community first responder trainings; Corporate giving activities and sponsorships
Suppliers: New product development, as needed; Periodic safety and quality audits
Trade Associations: Active participation in strategic trade associations; Direct engagement through association committees to enhance rail industry safety, environmental and operations practices
Regulators and Governments: Participation in multi-stakeholder initiatives; Direct engagement with federal, state and provincial level agencies regarding rail and transportation sector initiatives
Academic Institutions: Support for aligned research activities; Collaboration on rail sector training programs
Non-governmental Organizations: Knowledge sharing, program funding and partnerships
 
In 2020, we invited our top institutional shareholders to participate in virtual meetings to solicit their views on CP’s approach to topics of interest including climate change and sustainability reporting.
102-44Key topics and concerns raisedSustainability at CP
Reporting Practices
GRI 102: General Disclosures
102-45Entities included in the consolidated financial statementsOur 2020 Sustainability Report and this microsite cover Canadian Pacific Railway Limited and its subsidiaries’ activities and performance across our entire network in Canada and the U.S. Unless otherwise noted, all operating and financial data in this report is presented in Canadian dollars.
102-46Defining report content and topic BoundariesSustainability at CP
102-47List of material topicsSustainability at CP
102-48Restatements of informationCP’s 2020 Sustainability Report does not contain any significant restatements of previously reported sustainability information. See Sustainability Metrics regarding minor updates to previously reported metrics (FRA personal injury rate, waste and employee composition).
102-49Changes in reportingSustainability at CP
102-50Reporting periodJanuary 1, 2020–December 31, 2020
102-51Date of most recent reportCP’s last full sustainability report covered sustainability performance in 2018, and was published in December 2019. A data supplement covering 2019 activities was published in August 2020.
102-52Reporting cycleCP currently reports on a biennial basis providing annual updates for key sustainability metrics.
102-53Contact point for questions regarding the reportSustainability at CP
102-54Claims of reporting in accordance with the GRI StandardsOur 2020 Sustainability Report is prepared in accordance with the Global Reporting Initiative (GRI) Standards–Core option.
102-55GRI indexThis page
102-56External assuranceWe obtained external assurance of our greenhouse gas emissions data from GHD. Other data within this report as not been externally verified.

SPECIFIC DISCLOSURES

GRI StandardDisclosureDescriptionLocation/Direct Answer
Economic
Procurement Practices
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundarySupply Chain Management
103-2The management approach and its componentsSupply Chain Management
103-3Evaluation of the management approachSupply Chain Management
GRI 204: Procurement Practices
204-1Proportion of spending on local suppliersSustainability Metrics
Additional Metrics: Non-Material Economic Topics
201-1Direct economic value generated and distributedSustainability Metrics
201-2Financial implications and other risks and opportunities due to climate changeClimate Change; 2020 Annual Report, p. 46; 2020 CDP Climate Change Questionnaire, section C2
201-3Defined benefit plan obligations and other retirement plans2020 Annual Report, p. 94
205-2Communication and training about anti-corruption policies and proceduresSustainability Metrics
Environmental
Materials
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryEnvironmental Footprint
103-2The management approach and its componentsEnvironmental Footprint
103-3Evaluation of the management approachEnvironmental Footprint
GRI 301: Materials
301-1Materials used by weight or volumeSustainability Metrics
Energy
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryClimate Change; 2020 CDP Climate Change Questionnaire, section C1
103-2The management approach and its componentsClimate Change; 2020 CDP Climate Change Questionnaire, section C1
103-3Evaluation of the management approachClimate Change; 2020 CDP Climate Change Questionnaire, section C1
GRI 302: Energy
302-1Energy consumption within the organizationSustainability Metrics; 2020 CDP Climate Change Questionnaire, section C8
302-2Energy consumption outside of the organizationThe energy consumption outside the organization is reflected in Scope 3 emissions; Sustainability Metrics
302-3Energy intensitySustainability Metrics; 2020 CDP Climate Change Questionnaire, section C8
302-4Reduction of energy consumptionSustainability Metrics; 2020 CDP Climate Change Questionnaire, section C4
Water
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryEnvironmental Footprint
103-2The management approach and its componentsEnvironmental Footprint
103-3Evaluation of the management approachEnvironmental Footprint
GRI 303: Water (2018)
303-1Interactions with water as a shared resourceEnvironmental Footprint; 2020 Sustainability Report, p. 28
303-2Management of water discharge-related impactsEnvironmental Footprint
303-5Water consumptionEnvironmental Footprint; Sustainability Metrics
Emissions
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryClimate Change
103-2The management approach and its componentsClimate Change
103-3Evaluation of the management approachClimate Change
GRI 305: Emissions
305-1Direct (Scope 1) GHG emissionsSustainability Metrics; 2020 CDP Climate Change Questionnaire, section C7
305-2Indirect (Scope 2) GHG emissionsSustainability Metrics; 2020 CDP Climate Change Questionnaire, section C7
305-3Other indirect (Scope 3) GHG emissionsSustainability Metrics; 2020 CDP Climate Change Questionnaire, section C7
305-4GHG emissions intensitySustainability Metrics; 2020 CDP Climate Change Questionnaire, section C6
305-5Reduction of GHG emissionsSustainability Metrics; 2020 CDP Climate Change Questionnaire, section C7
305-7Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissionsSustainability Metrics
Effluents & Waste
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryEnvironmental Footprint
103-2The management approach and its componentsEnvironmental Footprint
103-3Evaluation of the management approachEnvironmental Footprint
GRI 306: Effluents & Waste
306-1Waste generation and significant waste-related impactsEnvironmental Footprint
306-2Waste by type and disposal methodEnvironmental Footprint
306-3Waste generated Sustainability Metrics
306-4Waste diverted from disposalSustainability Metrics
306-5Waste directed to disposalSustainability Metrics
Social
Employment
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryWorkforce Management
103-2The management approach and its componentsWorkforce Management
103-3Evaluation of the management approachWorkforce Management
GRI 401: Employment
401-1New employee hires and employee turnoverSustainability Metrics
401-2Benefits provided to full-time employees that are not provided to temporary or part-time employeesCompensation and Benefits
Occupational Health & Safety
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundarySafety Culture
103-2The management approach and its componentsSafety Culture
103-3Evaluation of the management approachSafety Culture
GRI 403: Occupational Health & Safety
403-1Occupational health and safety management systemSafety Culture
403-2Hazard identification, risk assessment and incident investigationSafety Culture
403-3Occupational health servicesSafety Culture
403-4Worker participation, consultation and communication on occupational health and safetySafety Culture
403-5Worker training on occupational health and safetySafety Culture
403-6Promotion of worker healthWorkforce Management; 2020 Sustainability Report, p. 12
403-7Prevention and mitigation of occupational health and safety impacts directly linked by business relationshipsSupply Chain Management
403-8Workers covered by an occupational health and safety management systemSafety Culture; 100% of CP’s workforce is covered by our safety management system.
403-9Work-related injuriesSustainability Metrics; Slip, trip and overexertion injuries are the top contributors to the overall personal count, 24 percent and 23 percent respectively. These injuries primarily resulted from walking on uneven surfaces, using hand tools, riding and detraining from equipment.
 
Following increased employee engagement through CP’s Home Safe initiative and efforts to accommodate and support employee recovery since 2016, CP has been able to reduce the average number days of lost time following an incident by 34% for our US workforce.
Training & Education
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryWorkforce Management
103-2The management approach and its componentsWorkforce Management
103-3Evaluation of the management approachWorkforce Management
GRI 404: Training and Education
404-1Average hours of training per year per employeeSustainability Metrics
404-2Programs for upgrading employee skills and transition assistance programsWorkforce Management
404-3Percentage of employees receiving regular performance and career development reviews2020 Sustainability Report, p. 47
Diversity & Equal Opportunity
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryDiversity & Inclusion
103-2The management approach and its componentsDiversity & Inclusion
103-3Evaluation of the management approachDiversity & Inclusion
GRI 405: Diversity and Equal Opportunity
405-1Diversity of governance bodies and employeesSustainability Metrics; Diversity & Inclusion; Governance & Ethics
Rights of Indigenous Peoples
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryIndigenous Relations
103-2The management approach and its componentsIndigenous Relations
103-3Evaluation of the management approachIndigenous Relations
GRI 411: Rights of Indigenous Peoples
411-1Incidents of violations involving rights of Indigenous peoplesCP did not have any files involving litigation, complaints or allegations of human rights claims relating to indigenous background or claims of any violations of the rights of indigenous people in 2021.
Local Communities
GRI 103: Management Approach
103-1Explanation of the material topic and its BoundaryCommunity Investment
103-2The management approach and its componentsCommunity Investment
103-3Evaluation of the management approachCommunity Investment
GRI 413: Local Communities
413-1Operations with local community engagement, impacts assessments, and development programsCommunity Investment; Indigenous Relations; Environmental Footprint

CONTENT INDICES
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