J.B. Hunt Earns Addition to Dow Jones Industrial Sustainability North America Index

Rhea-AI Summary

J.B. Hunt Transport Services (NASDAQ: JBHT) has been named to the North American Dow Jones Sustainability Index (DJSI North America) for 2024, marking its first-ever inclusion. The company stands as the only road transportation provider among the index constituents, which represents the top 20% of North America's largest 600 companies in the S&P Global Brand Marketing Index.

In 2023, J.B. Hunt achieved a significant milestone by surpassing the halfway mark toward its goal of reducing carbon emissions intensity by 32% by 2034 (from 2019 baseline). The company's intermodal service leads in converting over-the-road shipments to rail, reducing shipment carbon footprints by approximately 65% compared to highway truck transportation. Over the past decade, this service has helped avoid an estimated 30 million metric tons of CO2e emissions.

LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today it has been named to the North American Dow Jones Sustainability Index (DJSI North America) for 2024, earning a spot among sustainability leaders identified by S&P Global through the Corporate Sustainability Assessment.

“The DJSI North America is one of the highest standards for evaluating companies' sustainability efforts. Being a constituent on the index demonstrates our company’s progress toward reducing our environmental impact and enhancing the value we create for our employees, customers and communities,” said Greer Woodruff, executive vice president of safety, sustainability and maintenance at J.B. Hunt. “It is an honor to be included for the first time ever and reflects the hard work and commitment of our team to design and implement best-in-class supply chain solutions that help our customers achieve their sustainability goals.”

The DJSI North America represents the top 20% of North America’s largest 600 companies in the S&P Global Brand Marketing Index based on long-term economic, environmental and social criteria. J.B. Hunt is the only road transportation company to make the DJSI North America and one of just five companies in the overall transportation industry group.

In 2023, J.B. Hunt surpassed the halfway mark for reaching its ambitious goal to reduce its carbon emissions intensity 32% by 2034 from a baseline year of 2019. Complementary to its goal, the company’s intermodal service leads the industry in converting over-the-road shipments to rail, which on average reduces a shipment’s carbon footprint by 65% versus highway truck transportation. Over the past decade, J.B. Hunt’s Intermodal service has helped avoid an estimated 30 million metric tons of CO2e emissions.

The DJSI North America is widely regarded among the investor community as a leading standard for companies adopting top sustainability practices. The S&P Dow Jones Indices, which includes DJSI North America, will rename several of its sustainability and ESG-related indices to the Dow Jones Best-in-Class Indices on February 10.

More information about J.B. Hunt’s sustainability journey is available on the company’s Environmental Sustainability Hub.

About J.B. Hunt

J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360°® digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders.

J.B. Hunt Transport Services Inc. is a Fortune 500 company, an S&P 500 company and a component of the Dow Jones Transportation Average. Its stock trades on NASDAQ under the ticker symbol JBHT. J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The company’s services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, transload and more. For more information, visit www.jbhunt.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250204988639/en/

Brad Delco

Senior Vice President - Finance

(479) 820-2723

Source: J.B. Hunt Transport Services Inc.

FAQ

What achievement did J.B. Hunt (JBHT) earn in the DJSI North America for 2024?

J.B. Hunt earned its first-ever inclusion in the North American Dow Jones Sustainability Index for 2024, being the only road transportation company selected among the index constituents.

How much progress has JBHT made toward its 2034 carbon emissions reduction goal?

As of 2023, J.B. Hunt has surpassed the halfway mark toward its goal of reducing carbon emissions intensity by 32% by 2034 from a 2019 baseline.

What environmental impact has J.B. Hunt's Intermodal service achieved over the past decade?

J.B. Hunt's Intermodal service has helped avoid an estimated 30 million metric tons of CO2e emissions over the past decade.

How much does J.B. Hunt's intermodal service reduce carbon footprint compared to highway transportation?

J.B. Hunt's intermodal service reduces a shipment's carbon footprint by approximately 65% compared to highway truck transportation.

What percentage of North America's largest companies does the DJSI North America represent?

The DJSI North America represents the top 20% of North America's largest 600 companies in the S&P Global Brand Marketing Index.