Crown Holdings 2023 Sustainability Report: Letter From Our CEO

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Crown Holdings' 2023 Sustainability Report highlights progress in their Twentyby30™ program, launched in 2020. The company has made strides in renewable energy, adding solar installations to plants and procuring large-scale projects. Crown co-hosted the first Global Aluminium Can Sustainability Summit, fostering industry collaboration. They received Aluminium Stewardship Initiative (ASI) certification for operations in Mexico, following Brazil's certification.

Crown joined the United Nations Global Compact (UNGC) and CEO Water Mandate, committing to resource efficiency. Their efforts earned recognition from Newsweek, 3BL Media, and Forbes. Notably, Sustainalytics ranked Crown in the top 3% of the containers and packaging industry for the third consecutive year. CEO Tim Donahue emphasizes the company's commitment to sustainability goals and praises the global team's efforts in advancing the Twentyby30™ program.

Originally published in Crown Holding's 2023 Corporate Responsibility Report

NORTHAMPTON, MA / ACCESSWIRE / September 17, 2024 / This year, we again hold ourselves accountable to the commitments we have made to stakeholders to move Crown's Twentyby30™ program forward. Now, more than two years into that journey, we need to speak to those commitments and to the progress we have made to this point.

You will see in this report that we are open about where we have progressed and where there is still work to be done. We acknowledge that achieving the aggressive goals we have set, both as a Company and as an industry, takes collective effort. That collaboration cannot be achieved without transparency and communication.

Since launching Twentyby30™ in 2020, our priority has been not just to set goals, but to actively roadmap our work to execute them. It is easy to establish targets, but the challenge is to continue to make progress toward those goals. While that progress cannot always be linear, we are furthering our efforts and are confident in our ability to ultimately meet our goals by 2030. Additionally, as we move through this decade, we are determined to pursue our targets in a way that is thoughtful, manageable and effective.

In 2022, we were able to demonstrate progress against several key areas of the Twentyby30™ program. For example, to support the goals in our Climate Action pillar, we continue to seek out opportunities for renewable energy sources, add major solar installations to existing and new plants and procure large-scale renewable projects. On the topic of circularity, we co-hosted the first Global Aluminium Can Sustainability Summit in partnership with the Can Manufacturers Institute (CMI) and the International Aluminium Institute, which kickstarted important industry conversations. The event brought together all parts of the aluminum supply chain to discuss tactics for driving actionable progress toward the industry's sustainability goals.

We are committed to being mindful in the procurement of our raw materials, and in 2022, we took steps to receive certification from the Aluminium Stewardship Initiative (ASI) for our beverage can operations in Mexico, validating that we are operating ethically within the supply chain as we source our materials. This verification comes after our Brazilian operations' ASI certification and will be followed by similar efforts in several of our operating regions.

In addition, we have elevated our involvement with key organizations to actively support the global progress against climate change. We made commitments to both the United Nations Global Compact (UNGC) and the CEO Water Mandate, which will hold us accountable for implementing more resourceful efficiency measures within our organization and working with our partners on larger goals.

These efforts were noticed by our sustainability peers this year, earning us recognition by Newsweek as one of America's Most Responsible Companies, as well as being included among the 100 Best Corporate Citizens of 2022 by 3BL Media and Forbes' inaugural World's Top Female-Friendly Companies. We are also especially proud to report that Sustainalytics ranked us as a leader in the top 3% of the containers and packaging industry for the third year in a row out of more than 100 global companies reviewed.

As always, I would like to express my gratitude for our teams around the world who are fostering this impactful change and helping us progress toward each of our sustainability goals. It is all of you who, through your creativity, ingenuity, passion and determination, have done the work to advance the Twentyby30™ program. I am proud to share that, although we are a few years from crossing the finish line, we are on the right path and we are not idle. We are progress in motion.

Thank you,

Tim Donahue

President, CEO & Chairman of the Board

To learn more about Crown Holdings' commitment to corporate responsibility, visit our sustainability webpage.

For full details about Crown Holdings' 2023 Sustainability Report, visit here.

View additional multimedia and more ESG storytelling from Crown Holdings, Inc. on 3blmedia.com.

Contact Info:
Spokesperson: Crown Holdings, Inc.
Website: https://www.3blmedia.com/profiles/crown-holdings-inc
Email: info@3blmedia.com

SOURCE: Crown Holdings, Inc.

View the original press release on accesswire.com

FAQ

What is Crown Holdings' Twentyby30™ program?

Crown Holdings' Twentyby30™ program is a sustainability initiative launched in 2020, setting aggressive goals for the company to achieve by 2030. It focuses on areas such as climate action, circularity, and responsible procurement of raw materials.

How is Crown Holdings (CCK) advancing renewable energy use?

Crown Holdings (CCK) is advancing renewable energy use by adding major solar installations to existing and new plants, and procuring large-scale renewable projects to support their Climate Action goals within the Twentyby30™ program.

What certifications has Crown Holdings (CCK) received for sustainable operations?

Crown Holdings (CCK) has received Aluminium Stewardship Initiative (ASI) certification for their beverage can operations in Mexico and Brazil, validating their ethical practices in sourcing materials within the supply chain.

What sustainability rankings has Crown Holdings (CCK) achieved in 2022?

In 2022, Crown Holdings (CCK) was ranked by Sustainalytics in the top 3% of the containers and packaging industry for the third consecutive year. They were also recognized by Newsweek as one of America's Most Responsible Companies and included in 3BL Media's 100 Best Corporate Citizens.

What global sustainability commitments has Crown Holdings (CCK) made?

Crown Holdings (CCK) has committed to the United Nations Global Compact (UNGC) and the CEO Water Mandate, pledging to implement more resourceful efficiency measures and work with partners on larger sustainability goals.