Includes new verification of Scope 3 emissions from employee travel
Omaha, Neb., July 10, 2013 Union Pacific completed its 2013 submission of climate change data to CDP, illustrating concerted company efforts to reduce greenhouse gas emissions.
"This annual climate change response is an affirmation to customers, employees, shareholders and communities that environmental sustainability is a vital consideration in Union Pacific's business planning and practices," said Bob Grimaila, Union Pacific vice president – Safety, Security and Environment. "We appreciate the opportunity to share our progress on efforts to protect the environment today and for future generations."
Union Pacific details in its fifth annual public disclosure to CDP the following key approaches to climate change:
Union Pacific works with Trinity Consultants to compile its greenhouse gas inventory, and Conestoga-Rovers & Associates verified Union Pacific's 2012 greenhouse gas inventory. Conestoga-Rovers & Associates and Trinity Consultants are independent organizations. For the first time, Union Pacific verified its Scope 3 emissions from employee travel.
Trains are the most fuel-efficient way to transport bulk cargo on land. A single Union Pacific train can replace 300 trucks, decreasing emissions and reducing stress on the nation's deteriorating road and bridge infrastructure. Union Pacific can move one ton of freight 480 miles on a single gallon of diesel fuel, the equivalent of a standard mid-size car getting 200 miles per gallon.
CDP, formerly known as the Carbon Disclosure Project, is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with 722 institutional investors with assets of $87 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP is believed to hold the largest collection globally of primary climate change, water and forest-risk information, and puts these insights at the heart of strategic business, investment and policy decisions.
About Union Pacific
Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad links 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2007-2012, Union Pacific invested $18 billion in its network and operations to support America's transportation infrastructure, including a record $3.7 billion in 2012. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.
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