Genesee And Wyoming Sustainability Profile
Genesee & Wyoming Inc. (G&W) is a prominent player in the North American and Australian rail transportation industry, headquartered in the United States. Founded in 1899, G&W has grown to operate a diverse portfolio of short line and regional freight railroads, serving key markets across the US, Canada, and Australia. The company is renowned for its commitment to safety, efficiency, and customer service, offering unique rail services that include transportation of bulk commodities, intermodal freight, and industrial products. G&W's strategic acquisitions and operational excellence have solidified its position as a leader in the rail sector, making it a vital link in the supply chain for various industries. With a focus on innovation and sustainability, Genesee & Wyoming continues to set benchmarks in the rail industry.
DitchCarbon Score
How does Genesee And Wyoming'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
Genesee And Wyoming's score of 9 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Genesee And Wyoming's reported carbon emissions
In 2023, Genesee & Wyoming Inc. reported an emissions intensity of approximately 19,680 kg CO2e per million gross ton miles (MGTM) for Scope 1 and 2 emissions. This reflects a slight decrease from 2022, where the emissions intensity was about 20,600 kg CO2e per MGTM. The company has not disclosed specific absolute emissions figures for Scope 1, 2, or 3 for the years 2021 to 2023. For 2020, Genesee & Wyoming disclosed total emissions of 427,802,000 kg CO2e for Scope 1, 18,599,000 kg CO2e for Scope 2, and 124,504,000 kg CO2e for Scope 3. This data indicates a comprehensive approach to emissions reporting, covering all three scopes. Genesee & Wyoming has set ambitious climate commitments, aiming for a 37.5% absolute reduction in Scope 2 GHG emissions by 2035 from a 2020 baseline. Additionally, the company targets a 42% reduction in Scope 1 and Scope 3 well-to-wheel GHG emissions per MGTM by the same year. Furthermore, they commit to ensuring that 65% of their suppliers, based on emissions from purchased goods and services and capital goods, will have science-based targets by 2027. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to well below 2°C. Genesee & Wyoming's climate strategy reflects a commitment to sustainability and responsible environmental stewardship within the rail transportation sector.
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| 2020 | |
|---|---|
| Scope 1 | 427,802,000 |
| Scope 2 | 18,599,000 |
| Scope 3 | 124,504,000 |
How Carbon Intensive is Genesee And Wyoming's Industry?
How Carbon Intensive is Genesee And Wyoming's Location?
Genesee And Wyoming'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.
Genesee And Wyoming 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.
