In 2023, CSX completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
CSX has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,239,321a | 4,080,649a | 3,956,081a | |
Total Scope 2 | ||||
Market-Based | 127,416a | 133,532a | 144,891a | |
Location-Based | 179,758a | 178,786a | 173,317a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 1,185,871b | 221,322a | 325,168a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 289.2352a | 274.7357a | 315.9304a |
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In 2023, the total operational greenhouse gas (GHG) emissions of CSX amounted to 4,419,079 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of CSX increased by 3.75%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of CSX were 4,239,321 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, CSX's Scope 1 emissions have decreased by 1.62%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2022), CSX's Scope 1 emissions increased by 3.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, CSX reported Scope 2 greenhouse gas (GHG) emissions of 127,416 tCO₂e using the market-based method and 179,758 tCO₂e using the location-based method.a
Compared to the previous year (2022), CSX's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CSX's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, CSX reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, CSX reported 1,185,871 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.b
The 2023 disclosure of CSX includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chainb
In 2023, CSX reported total Scope 3 emissions of 1,185,871 metric tons of CO₂ equivalent (tCO₂e).b
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.b
Since 2019, CSX's Scope 3 emissions have increased by 549.33%, reflecting a rising long-term trend in Scope 3 emissions over time.bc
Compared to the previous year (2022), CSX's Scope 3 emissions increased by 435.81%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2023, CSX reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.b
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to CSX's Scope 3 emissions were:b
In 2023, CSX reported Scope 1 greenhouse gas (GHG) emissions of 4,239,321 tCO₂e and total revenues of USD 14,657 millions. This translates into an emissions intensity of 289.24 tCO₂e per millions USD.a
In 2023, CSX reported a Scope 1 emissions intensity of 289.24 tCO₂e per millions USD. Compared to the peer group median of 15.22, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, CSX ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places CSX among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, CSX reported a total carbon footprint of 5,604,950 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.09% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to CSX's total carbon footprint was Scope 1 emissions, accounting for 75.64% of the company's total carbon footprint, followed by Scope 3 emissions at 21.16%.ab