CN Releases 2024 Sustainability Data Supplement, Highlighting Progress in Environmental Goals and Corporate Citizenship

CN released its 2024 Sustainability Data Supplement, highlighting emissions reduction, safety improvements, and new Indigenous reconciliation commitments.

Quiver AI Summary

CN announced the release of its 2024 Sustainability Data Supplement, reinforcing its commitment to sustainability and responsible operations. For the seventeenth consecutive year, CN was recognized on the Corporate Knights Best 50 Corporate Citizens list, underscoring its dedication to reducing emissions and investing in innovation. The report highlights a 4% reduction in total greenhouse gas emissions and improved operational safety, although personal injury rates showed an increase. Additionally, CN launched its first Indigenous Reconciliation Action Plan with specific commitments for the next three years. Operating in Canada and the U.S. with a workforce of around 25,000, CN contributed over $15 billion in economic value and invested approximately $3.5 billion in capital projects in 2024, focusing on sustainability and community support while maintaining a commitment to high governance standards.

Potential Positives

• CN has been recognized for the seventeenth consecutive year on the Corporate Knights Best 50 Corporate Citizens list, highlighting its strong commitment to sustainability.
• The company achieved a 4% reduction in total absolute greenhouse gas emissions from 2023, marking progress towards its science-based 2030 targets.
• CN launched its inaugural Indigenous Reconciliation Action Plan, which includes 16 measurable commitments for advancing reconciliation over the next three years.
• In 2024, CN generated over $15 billion in direct economic value and made substantial capital investments of approximately $3.5 billion, reinforcing its economic impact in North America.

Potential Negatives

• Despite an overall 4% reduction in total absolute greenhouse gas emissions, CN's personal injury frequency rate increased by 8% from 2023, indicating potential safety issues that could impact employee wellbeing and corporate reputation.
• The forward-looking statements regarding sustainability strategies and targets include significant risks and uncertainties, which may undermine stakeholder confidence in the company's long-term objectives.

FAQ

What is the 2024 Sustainability Data Supplement about?

It details CN's commitment to sustainability, including emissions reductions and safety improvements.

How has CN performed on emissions reductions?

CN reduced its total absolute greenhouse gas emissions by approximately 4% from 2023, progressing towards its 2030 targets.

What is the significance of the Best 50 Corporate Citizens list?

It ranks Canadian businesses based on their corporate sustainability performance, recognizing CN's commitment to responsible practices.

What are the highlights of CN's Indigenous Reconciliation Action Plan?

The plan includes 16 measurable commitments aimed at advancing reconciliation over the next three years in Canada.

How much economic value did CN distribute in 2024?

CN distributed over $15 billion in direct economic value across Canada and the United States.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$CNI Congressional Stock Trading

Members of Congress have traded $CNI stock 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $CNI stock by members of Congress over the last 6 months:

• REPRESENTATIVE JARED MOSKOWITZ has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 01/15.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$CNI Hedge Fund Activity

We have seen 315 institutional investors add shares of $CNI stock to their portfolio, and 482 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• TCI FUND MANAGEMENT LTD removed 5,743,513 shares (-16.2%) from their portfolio in Q4 2024, for an estimated $583,024,004
• MANUFACTURERS LIFE INSURANCE COMPANY, THE added 1,439,617 shares (+37.3%) to their portfolio in Q1 2025, for an estimated $140,305,072
• WELLINGTON MANAGEMENT GROUP LLP removed 1,340,861 shares (-7.7%) from their portfolio in Q1 2025, for an estimated $130,680,313
• CIBC WORLD MARKET INC. added 1,215,571 shares (+22.8%) to their portfolio in Q1 2025, for an estimated $118,469,549
• PRICE T ROWE ASSOCIATES INC /MD/ added 1,148,569 shares (+20.9%) to their portfolio in Q1 2025, for an estimated $111,939,534
• QUADRATURE CAPITAL LTD added 1,148,400 shares (+108.1%) to their portfolio in Q1 2025, for an estimated $111,923,064
• TROY ASSET MANAGEMENT LTD added 1,055,089 shares (+inf%) to their portfolio in Q1 2025, for an estimated $102,828,973

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CNI Analyst Ratings

Wall Street analysts have issued reports on $CNI in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

• Scotiabank issued a "Outperform" rating on 06/06/2025
• Susquehanna issued a "Positive" rating on 05/06/2025
• Loop Capital Markets issued a "Sell" rating on 02/03/2025
• Jefferies issued a "Buy" rating on 01/10/2025

To track analyst ratings and price targets for $CNI, check out Quiver Quantitative's $CNI forecast page.

$CNI Price Targets

Multiple analysts have issued price targets for $CNI recently. We have seen 3 analysts offer price targets for $CNI in the last 6 months, with a median target of $120.0.

Here are some recent targets:

• An analyst from Susquehanna set a target price of $113.0 on 03/27/2025
• Benjamin Nolan from Stifel Nicolaus set a target price of $120.0 on 01/16/2025
• Stephanie Moore from Jefferies set a target price of $120.0 on 01/10/2025

Full Release

MONTREAL, June 25, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today the release of its 2024 Sustainability Data Supplement, reaffirming its commitment to

Delivering Responsibly

. In recognition of its sustainability efforts, for the seventeenth year in a row, CN was named to the Corporate Knights Best 50 Corporate Citizens list.

“At CN, sustainability isn’t a separate track — it’s part of how we run the railroad. From reducing emissions to investing in innovation, we’re taking clear, measurable steps that matter. Our progress is driven by the dedication of our railroaders and our ongoing commitment to delivering for our customers, communities, and future generations.”

- Tracy Robinson, President and Chief Executive Officer at CN

CN 2024 Sustainability Data Supplement



CN continues to progress towards its sustainability goals and to communicate its progress with focus, clarity and comparability, as highlighted in the Company’s newly released

2024 Sustainability Data Supplement report

.

Key highlights from the 2024 report include:

• 
  
  Climate
  
  : CN reduced its total absolute Scope 1, 2, and 3 greenhouse gas (GHG) emissions by approximately 4% from 2023. So far, CN has made a 27% progress towards its 2030 science-based target for Scope 1 and 2.
  


• 
  
  Safety
  
  : Operational safety improved, with a near 8% reduction in the accident rate from 2023. However, the personal injury frequency rate increased by 8% from 2023, highlighting areas for continued focus.
  


• 
  
  Indigenous Reconciliation
  
  : CN launched its inaugural Indigenous Reconciliation Action Plan (IRAP), outlining 16 measurable commitments for advancing reconciliation over the next three years, in Canada.
  


• 
  
  Economic Impact
  
  : Operating across Canada and the United States with approximately 25,000 employees, CN distributed over $15 billion in direct economic value. In 2024, CN’s capital investments were approximately $3.5 billion.
  

CN is charting the course for a sustainable future. CN is focused on moving customer goods safely and efficiently, being environmentally responsible, attracting and developing talented railroaders, and helping build safer, stronger communities, all while adhering to the highest standards of governance and supporting shareholder value.

2025 Best 50 Corporate Citizens



CN is proud to be listed among the Best 50 Corporate Citizens list, which is an annual ranking of corporate sustainability performance for Canadian businesses.

The list is Corporate Knights’ flagship ranking of corporate citizenship in Canada. To determine the ranking, Corporate Knights analyzed 344 large Canadian organizations against Canadian and global industry peers on a suite of 25 quantitative key performance indicators covering resource management, employee management, financial management, sustainable revenue and sustainable investment and supplier performance.

For more information about the Best 50 Corporate Citizens in Canada and the full rankings, visit

https://www.corporateknights.com/rankings/best-50-rankings/2025-best-50-rankings/

CN Forward-Looking Statements



Certain statements by CN included in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws, including relating to CN’s sustainability-related strategies and targets and commitments, including CN’s climate goals and expected benefits of new technologies.  By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as “believes,” “expects,” “anticipates,” “assumes,” “outlook,” “plans,” “targets,” or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

About CN



CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

Contacts





:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.