CP Posts Corporate Sustainability Report

Canadian Pacific (CP) has released its corporate sustainability report, which outlines the company’s commitment as a sustainable operator. 

Keith Creel, CP president and CEO, said “With a network spanning 12,400 miles across North America and running through more than 1,100 communities, we have an obligation to all of our stakeholders to continue to operate in a manner that is socially and environmentally responsible. It is a duty we take seriously as a leader in safe, secure and efficient rail operations." 

The report shares progress made since 2014 and focuses on key topics identified jointly with stakeholders through the Railway Association of Canada and informed by the Global Reporting Initiative. The report focuses on the five categories of safety and security; environmental responsibility; social and economic development; financial viability and customer service; and infrastructure planning and design.

Highlights of the report include:

  • CN achieving an 11 percent decline in FRA-reportable employee injuries and a 27 percent decline in FRA-reportable train accidents;
  • reduced greenhouse gas emissions (GHG) by 15 percent;
  • hosting immigrant professionals and committing approximately $5 million to various community investment initiatives;
  • improved network performance by lengthening trains on average by 4 percent, reducing average dwell time by 7 percent and increasing average network speed by 10 percent; and
  • investing $1.2 billion in 2016 in capital programs, enhancing safety, reliability and operating performance.

"I am proud to report that CP has made great strides in many key areas, including a 15 percent reduction in greenhouse gas emissions since 2015 and our lowest-ever train accident frequency in 2016, marking our 11th consecutive year of best-in-class safety performance," added Creel. "This report is a testament to the hard work our people do at every level of the organization to make CP socially responsible and accountable to all of our stakeholders, now and into the future."