Calgary Alberta - Canadian Pacific Kansas City (CPKC) today announced its commitment to develop a
greenhouse gas (GHG) emissions reduction target aligned with a 1.5C future and supporting the global economy to achieve
net-zero emissions by 2050.
With this commitment, made following the combination of Canadian Pacific and Kansas City Southern, CPKC joins the
Science Based Targets Initiative's (SBTI) Business Ambition for 1.5C global campaign, which includes alignment in
supporting the global economy to achieve net-zero emissions by 2050.
"This represents an important milestone in the sustainability journey for the new CPKC. It comes early in our
integration and reaffirms our commitment to operating sustainably as we grow our business for the future. This new
commitment builds on the foundational work addressing climate change already underway, including our industry-leading
Hydrogen Locomotive Program," said Keith Creel, CPKC President and Chief Executive Officer.
While we work towards developing a 1.5C aligned emissions reduction target, as an interim measure, CPKC has established
a consolidated locomotive emissions reduction target using SBTI's sectoral-based approach for freight railroads, and a
well-below 2C global warming scenario.
The consolidated target for CPKC, which has been recently validated by SBTI, is:
CPKC commits to reduce scope 1, 2, and 3 well-to-wheel locomotive GHG emissions 36.9 percent per gross ton-miles by
2030 from a 2020 base year.
This consolidated target replaces individual former CP and KCS targets to provide a single SBTI validated target while
CPKC continues its ongoing integration work.
"The railroad industry has an important role to play as we transition to a less carbon intensive economy. CPKC is
proud to be playing a leading role as we work towards a more sustainable future for our customers, employees, and the
communities we operate in and through," Creel added.
Author unknown.
(likely no image with original article)
(usually because it's been seen before)
provisions in Section 29 of the
Canadian Copyright Modernization Act.