Canadian National Railway ( (TSE:CNR) ) has issued an update.
In its 2024 annual report, Canadian National Railway Company outlined its efforts to combat forced and child labor within its supply chains. The company, alongside Autoport Limited, has taken significant steps such as updating its governance and human rights policies, conducting due diligence assessments, and engaging third-party providers to evaluate risks among its top suppliers. These actions are part of CN’s commitment to ethical practices and human rights, aiming to mitigate potential risks and ensure compliance with Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act. This initiative reflects CN’s broader dedication to social responsibility and sustainable trade, impacting its operations and stakeholder relations positively.
More about Canadian National Railway
Canadian National Railway Company (CN) is a major player in the rail and related transportation industry, operating an extensive network that connects Canada’s Eastern and Western coasts with the U.S. South. With a focus on social responsibility and environmental stewardship, CN transports over 300 million tons of cargo annually, serving a wide range of customers across North America. The company, headquartered in Montreal, Quebec, has several subsidiaries, including Autoport Limited and TransX Ltd., and works with a vast network of suppliers primarily in Canada and the U.S.
YTD Price Performance: -2.52%
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Technical Sentiment Signal: Buy
Current Market Cap: $61.67B
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