(Source: Norfolk Southern press release, May 12, 2021)
NORFOLK, Va. — Norfolk Southern Corporation today closed a $500 million green bond offering to fund investments to reduce the company’s carbon emissions and help customers reduce their supply-chain emissions. Norfolk Southern is the first Class I railroad in North America to issue green bonds.
Norfolk Southern last month committed to establish a science-based target to lower its carbon emissions in accordance with the Paris Agreement on climate change. Today’s announcement is an important step in the company’s plans to reach that goal.
Full story: www.nscorp.com