Corporate Social Responsibility
GATX Corporation, founded in 1898, is the leading global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, we operate the largest fleet of U.S.-flagged vessels on the Great Lakes and, jointly with Rolls-Royce plc, we own one of the largest aircraft spare engine lease portfolios in the world. Our vision is to be recognized as the finest railcar leasing company in the world by our customers, our shareholders, our employees and the communities where we operate. We strive to operate our business in a manner consistent with that vision and a view toward delivering on our commitments to our various constituencies.
Our success in delivering for our customers is best represented by our industry-leading railcar fleet utilization in North America. Our top ten customers have been with GATX, on average, for approximately 43 years, which is a testament to the strength of our relationships. One reason our customers choose GATX is because the operation of a safe, modern, compliant and efficient railcar fleet is essential to their operations. GATX owns one of the largest and most capable railcar repair and maintenance networks in North America and has one of the largest railcar engineering staffs as well, meaning that we have both the capability and expertise our customers require to support their complex and diverse railcar fleets.
Our success in delivering for our shareholders is evidenced by our strong long-term shareholder return. Over the past ten years, GATX has outperformed both the S&P 500 and the Russell 3000. In addition, 2018 marked the 100th consecutive year in which GATX paid a dividend to its common shareholders, a record that few companies can match.
We succeed through the work of our employees, and we strive to provide a safe, inclusive, and engaging work environment where they can reach their highest potential. We encourage diversity and inclusiveness, and we offer training and resources that help us attract and retain the best and brightest in our industry. In 2017, our employee engagement score increased for the third straight survey, and the Chicago Tribune recognized GATX as one of Chicago’s “Top Workplaces.”
We constantly strive to be recognized as a great corporate citizen by the communities where we operate. For example:
- In 2017, GATX was a repeat recipient of the American Chemistry Council’s (ACC) Responsible Care® Partner of the Year Award. GATX is a Responsible Care® Partner in both the ACC’s program in the United States and the Chemistry Industry Association of Canada’s Responsible Care® Program, and we were specifically recognized for our superb performance and safety record in the distribution, transportation, storage, use, treatment, disposal and/or sales and marketing of chemicals. Click here to learn more.
- GATX’s TankTrainer,™ a 33,500-gallon tank car outfitted with a variety of fittings, coatings, and configurations that has provided a unique learning experience to more than 17,000 first responders, customers, rail industry participants, and employees since its inception in 1993. Click here to learn more.
- Our employees also work to support the local communities in which we live and work. For example, GATX is the largest single corporate donor in Make-A-Wish Illinois’ history and an important supporter of community efforts such as the Big Shoulders Fund and Breakthrough Shelters in Chicago. Click here to learn more.
- Our American Steamship subsidiary is regularly recognized for its leadership in striving for a ballast water treatment solution on the Great Lakes. For 120 years, GATX employees have been great citizens in their local communities, and we support them in their efforts.
These are just a few examples of how we strive to achieve our vision and demonstrate our commitment to sustainable growth over the long-term for the benefit of our stakeholders. For more specific details on our environmental, safety and social policies and programs, please see the links at the top of this page.