CN’s Sustainability Leadership recognized through key ESG Rankings

Feb 13, 2024

CN (TSX: CNR) (NYSE: CNI) is pleased to be recognized by the 2024 S&P Global Yearbook as one of the top sustainability performers in the transportation industry. CN was also recognized for its leadership on climate change by the global environmental non-profit CDP. CN’s achievements reflect the Company’s steadfast dedication to environmental stewardship, social responsibility, and good governance underpinned by consistent and comprehensive reporting.

“Our commitment to Delivering Responsibly leads the way forward for us as an organization. We are honored to be recognized for our leadership as we work to build a more sustainable future. Our achievements and recognitions are not possible without the dedicated team of railroaders who embed safety and sustainability in every decision.”
- Tracy Robinson, President and Chief Executive Officer at CN

CN Releases Ninth Delivering Responsibly Report
In late 2023, CN published its latest biennial sustainability report which provided a comprehensive update on CN’s sustainability strategy and performance. In the report, CN detailed its approach to sustainability in the areas of environment, safety, people, community, and governance. CN’s latest report, available online, was prepared in accordance with leading sustainability reporting frameworks, including the Sustainability Accounting Standards Board and the Global Reporting Initiative.

CN’s ESG Ratings
A list of CN’s key ESG ratings is highlighted below:

Rating Agency	Score / Ranking	Details of Score / Ranking
S&P Global 2023	Sustainability Yearbook Member	Listed on the Dow Jones Sustainability World Index for 12 consecutive years and on the DJSI North American Index for 15th straight year.
CDP - Climate Change	A-	Earned a leadership score for our dedication to corporate transparency and performance on tackling climate change.
The Globe and Mail	1	Earned 1st place out of 219 companies listed on the S&P/ TSX Composite Index in 2023 for corporate governance with a score of 98% by the Globe and Mail.
MSCI ESG 2023	AA	Highest ranked Class I railroad in North America. Measurement of resilience to long-term, industry material ESG risks on a relative ranking from AAA being the best to CCC being the worst.
Corporate Knights Best 50 2023	Rank 7 / B+	Earned a spot for the 15th time in a row as one of the Best 50 Corporate Citizens in Canada by Corporate Knights.