Calgary Alberta - Canadian Pacific (CP) today 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.
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:
Safety
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.
Operational Excellence
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.
Social Impact
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.
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