23 giug 2022 anni - (US) Norfolk Southern funds low-carbon initiatives with capital raised through “green bonds.”

Descrizione:

The Atlanta-based company is looking to go even greener. In May 2021, it issued nearly $500 million in “green bonds” to raise funds for further emissions-reduction initiatives, a move it described as the first such offering by a Class I railroad in North America.

Last month, the railroad issued a report on the projects funded by that cash and their expected environmental and social benefits. According to the report, the company has already allocated $496 million of the green bonds’ proceeds to various eco-initiatives. The allocations included:

$275.6 million to convert locomotives from DC to AC power, improving their fuel efficiency by up to 25%,
$99.5 million in improvements to intermodal facilities, which help shift millions of tons of freight onto the rails to decongest the nation’s highways and cut truck emissions,
$10.9 million to advance locomotive fuel management initiatives, in support of its target to reduce carbon emissions intensity 42% by 2034, and
$3.4 million to restore and protect vital stream and wetland ecosystems.

https://www.dcvelocity.com/articles/54898-norfolk-southern-aims-to-make-rail-transport-greener