CN Pledges $10 Million to Support Natural Disaster Relief Efforts
CN pledges $10 million over ten years to support disaster relief initiatives across North America. The funding highlights CN's dedication to helping communities affected by natural disasters and climate change impacts. The donation will assist organizations like The Red Cross and Team Rubicon in providing relief, support, and resources during times of crisis.
CN demonstrates a strong commitment to assisting communities affected by natural disasters.
The $10 million pledge will support disaster relief efforts by organizations like The Red Cross and Team Rubicon, helping them better prepare for emergencies.
CN's employees will have their donations matched by the company, showing a collective effort to support disaster recovery.
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MONTREAL, May 10, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) announced a pledge of
The frequency and intensity of extreme weather events have dramatically increased over the last decade, impacting communities and placing significant strain on the non-profit organizations that are called to assist communities in the wake of these events.
“Our railroaders have an incredible privilege to travel across North America’s vast landscapes and experience its beauty. It also means they have a unique viewpoint on the devastating effects of climate change and the incredible challenges that communities face as a result of extreme weather events such as floods, wildfires and storms. That is why we are so proud to commit this donation to support disaster relief efforts across North America through the Red Cross and Team Rubicon. By working together, we can build resilience and make sure that people have the support, resources, and supplies they need when disaster strikes.”
- Olivier Chouc, Senior Vice-President and Chief Legal Officer, CN
To help deliver on this
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Our employees live, work and play in these communities and care deeply about their neighbours. Employee donations will be matched by CN.
About CN
CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. CN’s network connects Canada’s Eastern and Western coasts with the U.S. South through an 18,800-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.
| Contacts: | |
| Media | Investment Community |
| Jonathan Abecassis | Stacy Alderson |
| Director, Public Affairs and | Assistant Vice-President |
| Media Relations | Investor Relations |
| (438) 455-3692 media@cn.ca | (514) 399-0052 investor.relations@cn.ca |
FAQ
What did CN announce in the press release?
CN announced a pledge of $10 million over ten years to support disaster relief initiatives across North America.
Which organizations will CN partner with to deliver the $10 million pledge?
CN will partner with organizations such as The Red Cross and Team Rubicon to deliver the $10 million pledge.
How will the $10 million donation be used to support disaster relief efforts?
The donation will help various disaster relief efforts, including emergency response, community rebuilding, and infrastructure rehabilitation.
Will CN's employees be involved in the donation process?
Yes, CN's employees' donations will be matched by the company.
