BNSF Leads Surface Transportation Providers in Climate Change Disclosure
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Thu, 29 Oct 2009 19:09:44 GMT |
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FORT WORTH, TX -- 10/29/09 --
BNSF Railway Company today announced it
leads surface transportation providers in climate change disclosure
according to the Carbon Disclosure Project (CDP), which represents 475
institutional investors with $55 trillion in assets under management, for
its approach to climate change disclosure.
BNSF is featured in the CDP's Carbon Disclosure Leadership Index within
both the S&P 500 Index and FTSE Global 500 Index. These leadership indices
are key components of CDP's annual Global 500 Report and S&P 500 Report.
These reports highlight the constituent companies within the FTSE Global
500 Index and the S&P 500 Index that have displayed the most professional
approach to corporate governance in respect of climate change disclosure
practices. Companies are scored on their climate change disclosure. High
scores indicate good internal data management and understanding of climate
change related issues affecting the company. BNSF was the only railroad to
be featured in either CDP Leadership Index.
"BNSF is pleased to be recognized for its efforts in climate change
disclosure," said Matthew K. Rose, BNSF chairman, president and chief
executive officer. "Climate change continues to be a major concern for the
global community, and BNSF is focused on both the potential impact of
changes in our climate and our role in protecting the environment.
Railroads are the most environmentally preferred mode of surface
transportation, and BNSF is an industry leader. We play a vital role in our
nation's economy while reducing emissions, saving fuel and relieving
highway congestion."
The indices, compiled by PricewaterhouseCoopers (PwC) on behalf of CDP,
provide an evaluation tool for institutional investors. It comprises 50
constituents of the Global 500 Index and 50 constituents of the S&P 500
Index based on analysis of the responses to CDP's 2009 Questionnaire which
focused on greenhouse gas emissions, emissions reduction targets and risks
and opportunities associated with climate change.
About BNSF
A subsidiary of Burlington Northern Santa Fe Corporation (NYSE: BNI), BNSF
Railway Company operates one of the largest North American rail networks,
with about 32,000 route miles in 28 states and two Canadian provinces. BNSF
is among the world's top transporters of intermodal traffic, moves more
grain than any other American railroad, carries the components of many of
the products we depend on daily, and hauls enough low-sulfur coal to
generate about ten percent of the electricity produced in the United
States. BNSF is an industry leader in Web-enabling a variety of customer
transactions at www.bnsf.com.
About CDP
The Carbon Disclosure Project (CDP) is an independent not-for-profit
organization holding the largest database of corporate climate change
information in the world. CDP gathers data through its annual Information
Requests on behalf of institutional investors, purchasing organizations and
government bodies. Since its formation in 2000, CDP has become the gold
standard for carbon disclosure methodology and process, providing essential
climate change data to the global market place.
Contact:
Suann Lundsberg
(817) 867-6275
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