Canadian National Railway Company (CN) is a leading transportation company in Canada that operates in the Total Commodity - Rail sector. The company has a rich history dating back to 1919 when it was formed as a government-owned railway. Today, CN is a publicly traded company with a market capitalization of over CAD 100 billion and is one of the largest railroads in North America.

Decarbonisation is a key focus for CN as it aims to reduce its carbon footprint and contribute to a sustainable future. The company has set ambitious targets to reduce its greenhouse gas emissions intensity by 30% by 2030, compared to 2015 levels. To achieve this goal, CN is investing in new technologies, such as locomotives that use natural gas and battery-electric locomotives, and improving the efficiency of its operations.

Corporate energy is another area of focus for CN as it looks to reduce its reliance on fossil fuels and transition to renewable energy sources. The company has set a target to source 50% of its electricity needs from renewable sources by 2025. To achieve this, CN is investing in renewable energy projects, such as wind and solar, and exploring corporate power purchase agreements (PPAs) to secure long-term renewable energy supply.

Corporate PPAs are contracts between a company and a renewable energy developer that provide the company with a fixed supply of renewable energy at a predetermined price. CN has already signed several PPAs for wind and solar projects in Canada and the United States, including a 15-year agreement for 100 MW of wind power in Alberta. These agreements not only help CN to achieve its renewable energy targets but also provide price stability and reduce its exposure to volatile energy markets.

Renewable energy is also being integrated into CN's operations through the use of renewable diesel fuel. This fuel is made from waste and residue materials, such as vegetable oils and animal fats, and has a lower carbon intensity than traditional diesel fuel. CN has been using renewable diesel in its locomotives since 2018 and has already reduced its greenhouse gas emissions by over 100,000 metric tons.

CN's commitment to decarbonisation and renewable energy is not only driven by environmental concerns but also by economic benefits. The company recognizes that reducing its carbon footprint and transitioning to renewable energy sources can help to reduce costs, increase efficiency, and improve its reputation with customers and investors.

CN's sustainability efforts extend beyond decarbonisation and renewable energy to include other areas such as waste reduction, water conservation, and biodiversity. The company has set targets to reduce waste to landfill by 80% by 2030, reduce water consumption by 25% by 2025, and enhance biodiversity on its properties.

CN's sustainability efforts are supported by a strong governance framework that includes a board-level sustainability committee, executive-level sustainability leadership, and sustainability reporting. The company's sustainability report provides detailed information on its sustainability performance and goals, as well as its approach to sustainability governance and stakeholder engagement.

In conclusion, Canadian National Railway Company is a leading transportation company in Canada that is committed to decarbonisation, renewable energy, and sustainability. The company's ambitious targets and investments in new technologies and renewable energy sources demonstrate its commitment to reducing its environmental impact and contributing to a sustainable future. CN's sustainability efforts are not only driven by environmental concerns but also by economic benefits, which can help to reduce costs, increase efficiency, and improve its reputation with customers and investors.