CSX Named to Forbes Magazine List

CSX said it has been named to the inaugural Forbes Green Growth 50 list of companies that are reducing greenhouse gas emissions while growing profits.

The Class 1 railroad system based in Jacksonville, Florida, tied for the 39th spot on thme list with Best Buy, Flowserve and JPMorgan Chase.

In a news release, CSX said it was the only railroad and only transportation company on the list.

Forbes said it created the list in cooperation with Morningstar division Sustainalytics “to screen American public companies according to their emissions reductions.”

The business magazine said CSX had 13 percent earnings growth and a 9 percent in GHG reduction during the period.

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