South Norfolk aims for a low carbon future

Norfolk Southern Corp. Its inaugural Climate Transition Plan (CTP). The cash transfer program aims to reduce greenhouse gas emissions with a focus on transitioning to a low-carbon economy. The commitment to environmental stewardship and sustainability is rooted in Norfolk Southern's values ​​and deep understanding of climate science.

Norfolk Southern's cash transfer program will focus in part on fuel management and consumption, all to help achieve its science-based goal of reducing greenhouse gas emissions intensity by 42% by 2034. This includes innovative technologies and operating practices to improve the fuel economy of its locomotive fleet. Fuel accounts for more than 90% of the company's Scope 1 and 2 greenhouse gas emissions. Increasing low-carbon fuel consumption and the use of renewable energy are also key elements of the plan.

“Reducing the environmental impact of our operations is driven by our commitment to a cleaner, better planet for our employees, customers and communities for generations to come,” said Josh Raglin, Chief Sustainability Officer at Norfolk Southern. “We recognize the important role that greenhouse gas emissions play in global climate change, and we are determined to do our part in mitigating these emissions.”

The cash transfer program is based on a maturity assessment in accordance with the CDP Technical Guidance on Climate Transition Plans and the Low Carbon Transition (ACT) Assessment Guidelines. Norfolk Southern's cash transfer program responds to the evolving regulatory and market landscape surrounding climate change.

Norfolk South has made intentional adjustments in response to climate-related risks and opportunities. The company's CTP identifies three important KPIs as decarbonisation tools to guide its transition strategy:

• Fuel efficiency: 13% improvement target by 2027.
• Renewable energy: its use will reach 30% by 2030.
• Biofuels: 20% consumption by 2034.