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 15 is lower 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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Genesee And Wyoming's reported carbon emissions
In 2020, Genesee & Wyoming Inc. reported total greenhouse gas emissions of approximately 570.9 million kg CO2e, comprising 427,802,000 kg CO2e from Scope 1, 18,599,000 kg CO2e from Scope 2, and 124,504,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 2 GHG emissions by 37.5% by 2035 from a 2020 baseline. Additionally, Genesee & Wyoming is committed to reducing Scope 1 and Scope 3 well-to-wheel GHG emissions from fuel and energy-related activities by 42% per million gross ton miles (MGTM) by 2035, which translates to a 37.5% absolute reduction. Furthermore, the company has pledged that by 2027, 65% of its suppliers, based on emissions from purchased goods and services and capital goods, will have science-based targets. 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 proactive approach to sustainability within the rail transportation sector, headquartered in the United States.
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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.
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Common questions about Genesee And Wyoming's sustainability data and climate commitments
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