Energy Efficiency, GHG Emissions, Industrial - January 4, 2024
Norfolk Southern Sets 2034 Emissions Plan
Norfolk Southern Corporation’s new goal is to focus on fuel management and consumption to help the railroad company achieve its science-based target of reducing GHG emissions intensity 42% by 2034.
Details can be found in the release of the company's inaugural Climate Transition Plan (CTP) which is aimed at reducing GHG emissions with a focus on transitioning to a low-carbon economy.
"Reducing 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," said Josh Raglin, Chief Sustainability Officer at Norfolk Southern, in a statement. "We recognize the significant role of greenhouse gas emissions in global climate change, and we are determined to do our part in mitigating these emissions."
The company's plan identifies three significant key performance indicators as decarbonization levers to inform its transition strategy:
- Fuel efficiency: improvement target of 13% by 2027
- Renewable energy: usage to 30% by 2030
- Biofuels: consumption of 20% by 2034
Norfolk Southern's plan also includes using innovative technologies and operating practices to improve locomotive fleet fuel economy; fuel accounts for over 90% of the company's scope 1 and 2 GHG emissions.
Increased consumption of low carbon fuels and renewable energy usage are also key components of the plan.
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