Report details Company's collective effort to
achieve goals outlined in its
Twentyby30™ program
TAMPA,
Fla., July 29, 2024 /PRNewswire/ -- Crown
Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has
released its 2023 Sustainability Report detailing the
Company's global sustainability activities, including being on
track to meet its Scope 3 emissions reduction goal ahead of its
2030 deadline. The goal falls under the Climate Action pillar
of Crown's Twentyby30™ sustainability program.
Established in 2020, the comprehensive
Twentyby30™ program includes 20 measurable
sustainability goals to be completed by or before the end of 2030,
set against a 2019 baseline. This year's report, titled "A
Shared Purpose," highlights the collective efforts of Crown's
global team to effect significant change in areas that address
stakeholder concerns. Along with Climate Action, the
program's pillars include Resource Efficiency, Optimum Circularity,
Working Together and Never Compromise.
"Our progress toward achieving our bold
Twentyby30™ goals is only possible with the
commitment of our global team, and it is clear we have made strong
strides together across our pillars of focus," said Tim Donahue, President, CEO & Chairman of
the Board of Crown Holdings. "Our stakeholders rely on
our transparency regarding sustainability performance, and it is up
to us to remain advocates for strong standards and high performance
for sustainability."
The activities tied to each of Crown's Twentyby30™
pillars underscore Crown's global commitment to sustainability and
the comprehensive effort needed to continue driving success.
Further details about these initiatives and all other
progress can be found in the 2023 Sustainability Report.
"Every day, we align our operations with
our Twentyby30™ sustainability goals and Crown's
Best Practices. This is evident by the progress highlighted
in the 'Teams at Work' segments featured throughout the report,"
said John M. Rost, Ph.D., Senior
Vice President - Crown Technology, Global Sustainability and
Regulatory Affairs. "Our shared purpose goes beyond the walls of
Crown – it extends to our industry partners, government bodies and
consumers around the world who all have an impact on our climate.
We are committed to driving progress in global recycling
rates, which is a critical component to our sustainability success
and the sustainability of our industry."
The report is available on the sustainability section of Crown's
website. It has been prepared in accordance with the Global
Reporting Initiative (GRI) Core Standard and adheres to the Ten
Principles of the United Nations Global Compact (UNGC). The
report maps Crown's progress to indicators defined by the
Sustainability Accounting Standards Board (SASB) Containers &
Packaging Standard and key United Nations Sustainable Development
Goals (SDGs). The Company's climate reporting also follows
the guidelines of the Task Force on Climate-Related Financial
Disclosures (TCFD). The 2023 report includes the Company's
GRI index as well as its SASB and TCFD disclosures.
Crown's 2023 Sustainability Report received independent
assurance from Lucideon CICS Limited related to its total 2023 data
for GHG emissions (Scope 1, 2 and 3 categories) and 2023 water
usage data. Lucideon also provided GRI verification to the
GRI Core Index, Limited Verification.
About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading
global supplier of rigid packaging products to consumer marketing
companies, as well as transit and protective packaging products,
equipment and services to a broad range of end markets. World
headquarters are located in Tampa,
Florida. For more information,
visit www.crowncork.com.
For more information, contact sustainability@crowncork.com.
For editorial inquiries:
Emily Hogan, Account Supervisor,
FINN Partners; Email:
emily.hogan@finnpartners.com
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this
press release consists of forward-looking statements within the
meaning of federal securities law. These forward-looking
statements involve a number of risks, uncertainties and other
factors that may cause actual results to be materially different
from those expressed or implied in the forward-looking statements.
Important factors that could cause the statements made in
this report or the actual results of operations or financial
condition of the Company to differ are discussed under the caption
"Forward Looking Statements" in the Company's Form 10-K Annual
Report for the year ended December 31,
2023 and in subsequent filings. The Company does not
intend to review or revise any particular forward-looking statement
in light of future events.
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SOURCE Crown Holdings, Inc.
