Environment

Union Pacific Railroad Recognized as a Leader in Climate Change Transparency

Highest Scoring Railroad on CDP’s S&P 500 Climate Disclosure Leadership Index

Omaha, Neb., October 08, 2014

Union Pacific Railroad achieved its best performance in CDP's Standard & Poor's 500 (S&P 500) climate change 2014 report for the depth and quality of climate change data it disclosed. With a carbon disclosure score of 99 out of a possible 100, Union Pacific is in the top 10 percent of all companies in the S&P 500 sample, securing another leadership position on the Climate Disclosure Leadership Index and the highest score among railroads.

"Engaging stakeholders, including customers and employees, through our carbon disclosure, we reaffirm Union Pacific's resolve to continue innovating for environmental progress," said Bob Grimaila, Union Pacific vice president-Safety, Security and Environment. "Ultimately, this supports our commitment to providing the nation with safe, efficient and sustainable freight solutions."

In its sixth annual CDP disclosure, Union Pacific highlights technology, training and operational innovations to increase fuel efficiency. The railroad also has shared its approaches to responsible water management, completing for the first time the CDP's water questionnaire.

Union Pacific's carbon disclosure score is a 1-point improvement over last year. The company maintained its B rating in CDP's performance band, on an A to E scale.

Additional information about Union Pacific's efforts to preserve the environment can be found in the company's Sustainability and Citizenship Report .

About CDP

CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 767 institutional investors with assets of US$92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate-change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions.

About Union Pacific

Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2004-2013, Union Pacific invested approximately $30 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.

The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.

Media Contact

Elizabeth Hutchison
402-544-8433
eehutchi@up.com

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