Canadian Pacific Railway Company Sustainability Profile
Canadian Pacific Railway Company (CP) is a leading North American transportation service provider, headquartered in Calgary, Alberta, Canada. Established in 1881, CP has played a pivotal role in shaping the railway industry, connecting major markets across Canada and the United States. Operating primarily in the freight sector, CP offers a diverse range of services, including bulk commodities, intermodal transport, and automotive shipping. Its extensive rail network spans key regions, facilitating efficient movement of goods and contributing to the economy. With a commitment to innovation and sustainability, CP has achieved notable milestones, including advancements in technology and safety. As a prominent player in the railway industry, Canadian Pacific Railway Company continues to enhance its market position through strategic investments and a focus on customer service.
DitchCarbon Score
How does Canadian Pacific Railway Company's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Rail Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Canadian Pacific Railway Company's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Canadian Pacific Railway Company's reported carbon emissions
In 2022, Canadian Pacific Railway Company reported significant carbon emissions, primarily from Scope 3 sources, totalling approximately 205,000,000 kg CO2e from upstream transportation and distribution, 16,000,000 kg CO2e from employee commuting, and 5,000,000 kg CO2e from waste generated in operations. This data reflects a focus on indirect emissions, as no Scope 1 or Scope 2 emissions were disclosed for that year. In 2021, the company reported a total of about 2,991,000,000 kg CO2e for Scope 1 and 2 emissions combined, with Scope 1 emissions at approximately 2,952,000,000 kg CO2e and Scope 2 emissions at about 39,000,000 kg CO2e. Scope 3 emissions for that year included 181,000,000 kg CO2e from upstream transportation and distribution, 17,000,000 kg CO2e from employee commuting, and 20,000,000 kg CO2e from business travel. Despite the substantial emissions figures, Canadian Pacific Railway Company has not set specific reduction targets or initiatives as part of their climate commitments, as indicated by the absence of documented reduction targets or SBTi (Science Based Targets initiative) commitments. The company is a current subsidiary of Canadian Pacific Kansas City Limited, which may influence its climate strategy and reporting. Overall, while Canadian Pacific Railway Company has made strides in transparency regarding its emissions, the lack of defined reduction targets highlights an area for potential improvement in its climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,094,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 2 | 52,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | - | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
How Carbon Intensive is Canadian Pacific Railway Company's Industry?
How Carbon Intensive is Canadian Pacific Railway Company's Location?
Canadian Pacific Railway Company's Scope 3 Categories Breakdown
Canadian Pacific Railway Company's Scope 3 emissions, which decreased by 79% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 26% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 91% of Scope 3 emissions.
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Canadian Pacific Railway Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Canadian Pacific Railway Company has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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