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CN Releases New Indigenous Reconciliation Action Plan

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CN (TSX: CNR) (NYSE: CNI) has unveiled its first Indigenous Reconciliation Action Plan (IRAP), designed to strengthen relationships with Indigenous communities over the next three years in Canada. The plan, developed through community and employee feedback, focuses on five key pillars: Cultural Awareness and Employee Engagement, People and Employment, Economic Reconciliation, Community Engagement and Relationships, and Environmental Stewardship, Safety and Sustainability. The IRAP aims to establish sustainable partnerships and create opportunities for meaningful collaboration with Indigenous peoples across CN's network.

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Positive

  • Development of structured long-term engagement strategy with Indigenous communities
  • Implementation of concrete, measurable commitments for business relationships

Negative

  • None.

MONTREAL, Nov. 26, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today released its first Indigenous Reconciliation Action Plan (IRAP), reaffirming its commitment to strengthen ties with Indigenous communities, foster mutually beneficial relationships, and create opportunities for meaningful collaboration on the journey toward genuine reconciliation. The IRAP commitments and actions were developed and shaped by the insights, priorities, and feedback received from Indigenous communities and CN employees that engage with these communities.

CN’s IRAP outlines concrete steps, measurable commitments, and a clear vision to guide CN on its reconciliation journey over the next three years, in Canada. Through this plan, CN aims to build sustainable, respectful, and long-term partnerships with Indigenous peoples.

The Action Plan is structure around five pillars:

  • Cultural Awareness and Employee Engagement
  • People and Employment
  • Economic Reconciliation
  • Community Engagement and Relationships
  • Environmental Stewardship, Safety and Sustainability

“Our Indigenous Reconciliation Action Plan is a major milestone on CN’s path toward reconciliation with Indigenous communities. As a company, we are committed to driving meaningful change and ensuring that our efforts have a lasting, positive impact. This is about more than a plan—it's about deepening relationships, fostering collaboration, and building a better future together.”

- Olivier Chouc, Senior Vice-President and Chief Legal Officer.

CN’s IRAP reflects its commitment to continuous learning, meaningful action, and lasting progress. It provides a strong foundation for fostering positive and sustainable change, guiding the Company in its continued efforts to support, honor and respect Indigenous communities across its network.

About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network CN operates within or adjacent to nearly 230 reserve lands of more than 120 First Nations and Métis communities in Canada and 7 Tribal reservations in the United States. CN transportation services, connects Canada’s Eastern and Western coasts with the U.S. Midwest and the Gulf of Mexico, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

Contacts:

MediaInvestment Community
Jonathan AbecassisStacy Alderson
DirectorAssistant Vice-President
Public Affairs and Media RelationsInvestor Relations
(438) 455-3692(514) 399-0052
media@cn.cainvestor.relations@cn.ca

FAQ

What are the 5 pillars of CN's (CNI) Indigenous Reconciliation Action Plan 2024?

CN's IRAP consists of: 1) Cultural Awareness and Employee Engagement 2) People and Employment 3) Economic Reconciliation 4) Community Engagement and Relationships 5) Environmental Stewardship, Safety and Sustainability.

When will CN's (CNI) Indigenous Reconciliation Action Plan be implemented?

CN's Indigenous Reconciliation Action Plan will be implemented over the next three years in Canada, starting from November 2024.

What is the purpose of CN's (CNI) Indigenous Reconciliation Action Plan?

The plan aims to strengthen ties with Indigenous communities, foster mutually beneficial relationships, and create opportunities for meaningful collaboration toward reconciliation.
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