CN Advances Sustainability Efforts With Wabtec’s Battery-Electric Locomotive
November 04 2021 - 08:30AM
CN (TSX: CNR) (NYSE: CNI) is proud to announce its purchase of
Wabtec’s FLXdrive battery-electric freight locomotive, the first
100-percent battery heavy-haul locomotive for the region in support
of CN’s sustainability goals. This new technology is a key
component in achieving an effective transition to a lower carbon
future. Recognizing the potential of the initiative, Pennsylvania’s
Department of Environmental Protection awarded financial support
for the initiative under the Marine and Rail Freight Movers Grant
Program.
For its first battery-electric freight
locomotive, CN plans to partner with Wabtec to put in service its
next-generation FLXdrive technology, which can reduce fuel
consumption and emissions by up to 30 percent. The anticipated
efficiencies and emission reductions from the technology will be
significant and help open the door to new alternatives beyond the
diesel-powered locomotives used today.
“As part of our sustainability strategy to
reduce freight transportation emissions through innovation, we plan
to continue to lead the sector by deploying low and no carbon
technologies. At CN, we believe rail has a tremendous potential to
reduce the environmental impact of transportation. As a mover of
the economy, CN is committed to playing a key role in the
transition to low-carbon economy.”
- Jean-Jacques Ruest, President and
Chief Executive Officer, CN
“The FLXdrive is a defining moment for the
freight rail industry, and Wabtec is proud to partner with CN to
accelerate the industry toward low- to zero-emission
locomotives,”
- Rafael Santana, Wabtec President
and Chief Executive Officer
“I am excited to see that the Canadian
National’s (CN) Bessemer & Lake Erie Railroad (B&LE)
Company has received a grant from the Pennsylvania Department of
Environmental Protection (DEP) to help with the purchase of a new
innovative Wabtec battery-electric locomotive. As a member of a
family that has proudly worked for Bessemer for four generations, I
am thrilled by this opportunity to accelerate the future of rail by
promoting cleaner and more efficient transportation. I would like
to offer my congratulations to CN’s B&LE and Wabtec as they
work together to create sustainable and efficient railroads for
future generations.”
- Pennsylvania State Rep. Parke
Wentling (R-17th District)
CN is the most fuel-efficient railway in North
America, using approximately 15% less locomotive fuel per gross ton
mile than the industry average. In 2020, CN’s actions to reduce
emissions, mitigate climate risks and to develop the low-carbon
economy resulted in CN being one of only three Canadian companies
listed on CDP’s prestigious Climate A List. The continuing
successful development and availability of innovative propulsion
technology is part of a portfolio of carbon reduction
initiatives.
In April 2021, the Science-Based Target
Initiative (“SBTi”) approved CN’s commitment to reduce scope 1 and
2 greenhouse gases (“GHG”) emissions by 43% per million gross ton
miles by 2030 from a 2019 base year. CN furthermore commits to
reduce scope 3 GHG emissions from fuel and energy related
activities by 40% per million gross ton miles by 2030 from a 2019
base year. CN’s Climate Action Plan and its new level of ambition
target support the Paris Agreement.
About CNCN is a world-class
transportation leader and trade-enabler. Essential to the economy,
to the customers, and to the communities it serves, CN safely
transports more than 300 million tons of natural resources,
manufactured products, and finished goods throughout North America
every year. As the only railroad connecting Canada’s Eastern and
Western coasts with the U.S. South through a 19,500-mile rail
network, CN, and its affiliates have been contributing to community
prosperity and sustainable trade since 1919. CN is committed to
programs supporting social responsibility and environmental
stewardship.
About WABTECWabtec Corporation
(NYSE: WAB) is focused on creating transportation solutions that
move and improve the world. The company is a leading global
provider of equipment, systems, digital solutions and value-added
services for the freight and transit rail industries, as well as
the mining, marine and industrial markets. Wabtec has been a leader
in the rail industry for over 150 years and has a vision to achieve
a zero-emission rail system in the U.S. and worldwide. Visit
Wabtec’s website at: www.wabteccorp.com.
About the SBTiSBTi is a
collaboration between CDP, the United Nations Global Compact, World
Resources Institute and the World Wide Fund for Nature that defines
and promotes best practice in science-based target setting and
independently assesses companies' targets. For more information,
please consult their website: https://sciencebasedtargets.org/.
Contacts:
Media – CN |
Investment Community – CN |
Mathieu Gaudreault |
Paul Butcher |
Senior Advisor |
Vice-President |
Media Relations |
Investor Relations |
1-833-946-3342media@cn.ca |
(514)
399-0052investor.relations@cn.ca |
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