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Canadian Pacific (TSX:CP) launches carbon emissions calculator

Transport
TSX:CP
20 September 2022 15:30 (EDT)

Canadian Pacific Railway Ltd.

Canadian Pacific (CP) launched a web-based carbon emissions calculator, giving customers greater insight into their carbon footprint.

The tool enables complex, tailored emissions calculations. It incorporates customer-specific shipping details to calculate route and commodity-specific greenhouse gas (GHG) emissions.

The carbon calculator allows CP’s customers to explore the impacts of their own emissions footprint. They can make decisions to reduce freight transportation emissions by choosing the lowest carbon-emitting mode of transportation.

The tool provides additional insights into the climate-related benefits of shipping freight with CP’s rail services. It provides an overview of lifecycle emissions from logistics services and a comparison of CP’s rail services to long-haul trucking alternatives.

As part of the company’s Climate Strategy, CP focuses on operational efficiency and performance improvement. It works diligently to optimize energy consumption and reduce costs. CP recognizes that its ability to influence GHG emission reductions extends beyond its operations and across its suppliers and value chain network.

Canadian Pacific is a transcontinental railway in Canada and the U.S. with direct links to major ports on the west and east coasts. It provides North American customers with a competitive rail service with access to key markets in every corner of the globe.

Canadian Pacific Railway Ltd. (CP) is down 1.08 per cent, trading at C$97.28 per share at 3:18 pm ET.


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