CSX Corp

Common Name
CSX
Country
United States
Sector
Industrials
Industry
Railroads
Employees
23,400
Ticker
CSX
Exchange
NASDAQ/NGS
Description
CSX Corporation is a leading North American rail transportation company, specializing in freight rail services. The company plays a critical role in the logistics and supply chain sector, moving a bro...

CSX's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into CSX's Operational Emissions

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).

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.

CSX's Scope 1 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e-7%-11%+4%+3%+4%
  • Total Scope 1
  • Year-over-Year Change

What are CSX's Scope 1 emissions?

In 2023, the total Scope 1 emissions of CSX were 4,239,321 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has CSX reduced its Scope 1 emissions over time?

Since 2018, CSX's Scope 1 emissions have decreased by 8.81%, reflecting a declining long-term trend in Scope 1 emissions over time.

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.

What are CSX's Scope 2 emissions?

In 2023, CSX reported Scope 2 greenhouse gas (GHG) emissions of 127,416 tCOâ‚‚e using the market-based method, and 179,758 tCOâ‚‚e using the location-based method.

Has CSX reduced its Scope 2 emissions over time?

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.

What methodology does CSX use for Scope 2 reporting?

In 2023, CSX reported its Scope 2 emissions using the market-based method and using the location-based method.

CSX's Scope 2 Emissions Over Time

201820192020202120222023055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CSX's Value Chain Emissions

In 2023, CSX reported 1,215,433 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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 chain

CSX's Scope 3 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e+19%-2%+81%-32%+449%
  • Total Scope 3
  • Year-over-Year Change

What are CSX's Scope 3 emissions?

In 2023, CSX reported total Scope 3 emissions of 1,215,433 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has CSX reduced its Scope 3 emissions over time?

Since 2018, CSX's Scope 3 emissions have increased by 689.63%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), CSX's Scope 3 emissions increased by 449.17%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does CSX disclose?

In 2023, CSX reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of CSX's Scope 3 emissions?

In 2023, the largest contributors to CSX's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 56,450 tCOâ‚‚e (50.9%)
  • Waste Generated in Operations (Cat. 5): 45,691 tCOâ‚‚e (41.2%)
  • Upstream Transportation and Distribution (Cat. 4): 8,757 tCOâ‚‚e (7.9%)

CSX's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(50.9%)UpstreamTransportation andDistribution(Cat. 4)(7.9%)Waste Generated inOperations (Cat. 5)(41.2%)

Insights into CSX's Total Carbon Footprint

In 2023, CSX reported a total carbon footprint of 5,634,512 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.75% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to CSX's total carbon footprint was Scope 1 emissions, accounting for 75.24% of the company's total carbon footprint, followed by Scope 3 emissions at 21.57%.

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