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Mapping the Sustainability Space for CN

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vandad sotoudehnia

on 17 January 2014

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Transcript of Mapping the Sustainability Space for CN

Mapping the Sustainability Space for CN
Community
Materiality
Workplace
Environment
air
land
Water
GOAL
... Having a sustainable future!!!
“At CN, we know that our long-term success is connected to our contributions to a sustainable future.”
HOW?
- Short term plan (Clarifying Expectations Quadrant)
- Long term plan (Building Momentum for Change Quadrant )
Where CN stands today???
What CN wants???
the
is ...
SHORT TERM
The Goal: filling the gaps in the current sustainability commitments
the framework:
Tools
“- establish a strategy based on a comprehensive and balanced understanding of and response to
material issues and stakeholder issues
and concerns;
- establish goals and standards against which the strategy and associated performance can be managed and judged, and
- disclose credible information about strategy, goals, standards and performance to those who base their actions and decisions on this information”
“- providing a comprehensive way of
holding an organization to account for its management, performance and reporting on sustainability issues
by evaluating the adherence of an organization to the AA1000 AccountAbility Principles and the quality of the disclosed information on sustainability performance”
“- identify and control
the environmental impact
of its activities, products or services, and to
- improve its environmental performance continually, and to
- implement a systematic approach to setting environmental objectives and targets, to achieving these and to demonstrating that they have been achieved.”
BUS 716 - Sustainability Summer 2012
Vandad Sotoudehnia
The Goal: creating a culture of sustainability in CN
Long Term
The Framework:
tool
“- provides guidance rather than requirements, so it cannot be certified to unlike some other well-known ISO standards. Instead,
it helps clarify what social responsibility is, helps businesses and organizations translate principles into effective actions and shares best practices relating to social responsibility, globally.
It is aimed at all types of organizations regardless of their activity, size or location.”
Achieved 7% emission reduction over three years by ...
"Storm and waste water produced at our maintenance shops is passed through our treatment plants to ensure that discharges comply with relevant environmental regulations. Where possible, we make every effort to reuse our waste water. For example, water reclaimed from treatment plants at some of our yards is used to wash locomotives."
"We have established a five-year plan to dispose of four million wood ties annually. Through this initiative, we expect to clean up and maintain a clean right-of-way in the future. Our preferred method of disposal is to send ties to cogeneration facilities where they are recycled to produce energy. We also have in place a parallel project to clean up scrap rail on the right-of-way."
the Sustainability Report

... reporting on a biennial basis
... 2010 report was the third report
... have self-declared our reporting to the application Level B of the GRI G3
Gaps:
- Not reported and partially reported issues in materiality
- Lack of assurance
- Not reported contexts
- No goal for some material issues
Recognized as a Carbon Disclosure Leader
in 2009 and 2010
Listed on the Jantzi Social Index
in 2009 and 2010
listed on the FTSE4Good
in 2009 and 2010
http://www.ftse.com/Indices/FTSE4Good_Index_Series/index.jsp
Listed on the Global Challenges Index in 2010
Ranked within the Best 50 Corporate Citizens
in 2009 and 2010
2010 TransCAER National Achievement Award
2009 Environmental Award
Recognition ...
... Joining new clubs
"NBS leadership council is a group of Canadian sustainability leaders from diverse sectors. At an annual meeting, these leaders identify their top priorities in business sustainability—the issues on which their organizations need authoritative answers and reliable insights. Their sustainability priorities prompt each of the Network’s research projects."
(CP, CN's main competitor, is member of NBS leadership council.)
"The Sustainability Consortium drives scientific research and the development of standards and IT tools, through a collaborative process, to enhance the ability to understand and address the environmental, social, and economic implications of products."
(American chemistry Council, CN's partner, is member of The Sustainability Consortium.)
... hope you enjoyed the journey; Thank you.
(recommendations)
CN, as a leader in the North American rail industry, is “an engaged corporate citizen, committed to the safety of our employees, customers and the public. It is invested in building shareholder value and stronger communities, focused on environmental stewardship and developing an exceptional environment in the workplace.”
... the goal was 5%
... no goal is defined
... no goal is defined
... no goal is defined
..the goal: disposing of 4 million woods ties annually
... no goal is defined
the goal: 5% reduction in 3 years
GOOD TO KNOW: Canadian Pacific, CN’s main competitor, has used Fostering Commitment framework as the main framework for its sustainability commitments.
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
CN Sustainability Report 2010
Only North American railroad to be listed on the Dow Jones Sustainability Index in 2009 and 2010
Highlights

*Named a Chief Safety and Sustainability Officer
*Deepened our commitment to environmental sustainability
*Developed an sustainability action plan
*Listed on the Dow Jones Sustainability Index for the second consecutive year, achieved several awards
*Issued the 3rd sustainability report
Using an external assurance can increase the credibility of CN’s report and its data. Increasing credibility of the report improves the report and assures CN’s performance.
Full transcript