Kansas City Southern Receives Leadership Level Score from CDP

Rhea-AI Summary

Kansas City Southern (KSU) announced an improved CDP climate change disclosure score of A- for 2021, elevating its status to the “Leadership Level” category. This score reflects the company's commitment to reducing emissions through strategic investments and technological improvements. KCS also set a science-based carbon emissions reduction target approved by the Science Based Targets Initiative. The CDP, a respected environmental reporting standard, recognizes KCS for its transparency and leadership in environmental efforts.

Positive

• Improvement in CDP climate change disclosure score to A-, indicating enhanced environmental performance.
• Achievement of 'Leadership Level' status among participating companies.
• Commitment to science-based carbon emissions reduction target approved by SBTi.

Negative

• None.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (KCS) (NYSE: KSU) announced today that the company has been notified that our CDP climate change disclosure, submitted earlier this year, earned a score of A- for 2021. This is an improvement from KCS’ 2020 score and moves KCS to the “Leadership Level” category of participating companies. CDP disclosures are submitted by corporations around the globe to measure their actions to cut emissions and mitigate climate change risks.

“Fighting the climate crisis is one of today’s most critical challenges. At KCS, through smart, targeted investments, technological enhancements, and streamlined operations, we have improved fuel efficiency at a rate that outpaces our emissions reduction goals,” said KCS vice president health, safety and environmental Kayden Howard. “We’re incredibly proud to be recognized by the CDP for our environmental leadership and transparency, and we will continue to explore innovative ways to reduce our carbon footprint, for the good of our business, our people, and our planet.”

Earlier this year, KCS committed to a science-based carbon emissions reduction target which was approved by the Science Based Targets Initiative (SBTi). KCS’ ongoing commitment to the environment is reflected in the company’s SBTi-approved target, CDP disclosure score, annual sustainability report and conservation activities including the Monarch Mariposa project.

CDP is a not-for-profit organization that scores corporate and civic environmental impact disclosures. The world’s economy looks to CDP as the gold standard of environmental reporting with the richest and most comprehensive dataset on corporate and city action. In 2021, CDP launched a new five-year strategy: Accelerating the Rate of Change, intended to help investors, businesses, cities and governments act with the urgency required to tackle our planet’s climate and ecological emergency.

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south-central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211213005083/en/

C. Doniele Carlson, 816-983-1372, dcarlson@kcsouthern.com

Source: Kansas City Southern

FAQ

What is Kansas City Southern's CDP score for 2021?

Kansas City Southern achieved a CDP climate change disclosure score of A- for 2021.

What does the improved CDP score mean for KSU?

The improved score indicates KSU's commitment to environmental leadership and emissions reduction.

What is KSU's commitment related to carbon emissions?

KSU has committed to a science-based carbon emissions reduction target approved by the Science Based Targets Initiative (SBTi).

In what category did KSU rank in the CDP disclosures?

KSU ranked in the 'Leadership Level' category for its CDP disclosures.