{"id":4556,"date":"2024-01-23T13:36:50","date_gmt":"2024-01-23T03:36:50","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=4556"},"modified":"2024-01-23T13:36:50","modified_gmt":"2024-01-23T03:36:50","slug":"norfolk-southern-launches-climate-transition-plan","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=4556","title":{"rendered":"Norfolk Southern launches Climate Transition Plan"},"content":{"rendered":"

Norfolk Southern Corporation<\/a> released its inaugural Climate Transition Plan (CTP) kicking off the start of 2024. The CTP is aimed at reducing greenhouse gas (GHG) emissions with a focus on transitioning to a low-carbon economy. Commitment to environmental stewardship and sustainability is rooted in Norfolk Southern\u2019s<\/a> values and its deep understanding of climate science.<\/p>\n

Norfolk Southern\u2019s<\/a> CTP will focus in part on fuel management and consumption, all to help achieve its science-based target of reducing GHG emissions intensity 42% by 2034. These include innovative technologies and operating practices to improve locomotive fleet fuel economy. Fuel accounts for over 90% of the company\u2019s scope 1 and 2 GHG emissions. Increased consumption of low carbon fuels and renewable energy usage are also key components of the plan.<\/p>\n

\u201cReducing the environmental impact of our operations is driven by our commitment to a cleaner and better planet for our employees, our customers, and our communities for generations to come,\u201d said\u00a0Josh Raglin<\/span>, Chief Sustainability Officer at Norfolk Southern.<\/a> \u201cWe recognise the significant role of greenhouse gas emissions in global climate change, and we are determined to do our part in mitigating these emissions.\u201d<\/p>\n

The CTP is based on a maturity assessment following the CDP technical guidance on Climate Transition Plans and the Assessing Low-Carbon Transition (ACT) guidance. Norfolk Southern\u2019s<\/a> CTP responds to the evolving regulatory and market landscape surrounding climate change.<\/p>\n

Norfolk Southern<\/a> has made deliberate adjustments in response to climate-related risks and opportunities. The company\u2019s CTP identifies three significant key performance indicators as decarbonisation levers to inform its transition strategy:<\/p>\n

Fuel efficiency: improvement target of 13% by 2027
\nRenewable energy: usage to 30% by 2030
\nBiofuels: consumption of 20% by 2034<\/p>\n

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Norfolk Southern Corporation released its inaugural Climate Transition Plan (CTP) kicking off the start of 2024. The CTP is aimed at reducing greenhouse gas (GHG) […]<\/p>\n","protected":false},"author":0,"featured_media":4557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[32,47,488],"tags":[],"class_list":["post-4556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-opinion","category-rail-news","category-railway-stations"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t