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CSX Corporation : CSX Earns Maplecroft Climate Innovation Leader Recognition

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04/25/2012 | 09:49pm CEST

JACKSONVILLE, Fla., April 25, 2012 /PRNewswire via COMTEX/ --CSX Corporation (NYSE: CSX) was named to the Maplecroft Climate Innovation Leader Index, one of three Maplecroft Climate Innovation Indices that rank U.S. companies on their leadership in climate change mitigation and management. At No. 81, CSX is the highest-ranked Class I railroad included in this year's index and the only railroad featured on the top 100 Climate Innovation Leaders list.

"At CSX, environmental stewardship is a way of life - one that infuses all of our operations," said Skip Elliott, vice president of public safety and environment, CSX. "We're proud to be recognized among many of the top American companies for preserving the environment in the communities where we live and work."

The Maplecroft Climate Innovation Indexes measure climate-related performance, including management, mitigation, emissions reduction, innovation and adaptation, as disclosed publicly by the top 360 U.S. companies. Innovation of new technologies or initiatives makes up half of the total score for each company.

CSX received particularly high marks in management, related to disclosures, targets and supply chain; and mitigation, related to partnerships and efficiency in operations.

Since 1980, CSX has improved its fuel efficiency by more than 90 percent. In the past ten years, CSX has invested more than $1.75 billionto upgrade its fleet of fuel efficient locomotives. In 2010, CSX achieved its voluntary goal ahead of schedule to reduce greenhouse gas emissions intensity by 8 percent per revenue ton mile, decreasing emissions by 1.5 million metric tons.

For more information about CSX's environmental initiatives, visit http://www.csx.com/index.cfm/responsibility/environmental-leadership/.

For more information on the Maplecroft Climate Innovation Indexes, visit http://maplecroft.com/cii/cycle/three/.

About CSX
CSX Corporation, based in Jacksonville, Fla., is one of the nation's leading transportation companies, providing rail, intermodal and rail-to-truck transload services. The company's transportation network spans approximately 21,000 miles, with service to 23 eastern states, the District of Columbiaand two Canadian provinces. CSX's network connects more than 240 short line and regional railroads and more than 70 ocean, river, and lake ports.www.csx.com. Like us on Facebook (http://www.facebook.com/OfficialCSX).

SOURCE CSX Corporation

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EV / Sales 2017 4,79x
EV / Sales 2018 4,64x
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Average target price 52,6 $
Spread / Average Target 11%
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NameTitle
E. Hunter Harrison Chief Executive Officer & Director
Fredrik J. Eliasson President
Edward Joseph Kelly Chairman
Cindy M. Sanborn Chief Operating Officer & Executive VP
Frank A. Lonegro Chief Financial Officer & Executive Vice President
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