CROWN HOLDINGS EXPANDS ALUMINIUM STEWARDSHIP INITIATIVE (ASI) CERTIFICATIONS TO ASIA PACIFIC REGION

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Crown Holdings, Inc. (NYSE: CCK) expands its ASI certifications into the Asia Pacific region, with the Nong Khae and Crown TCP beverage packaging plants in Thailand achieving ASI Performance Standard certification. This reflects the company's commitment to responsible material sourcing and ethical operations, as part of its Twentyby30™ sustainability program. The certifications confirm the recipient's production practices are responsible, addressing environmental, social, and governance principles for the aluminum value chain.

Latest credentials in Thailand bring Company's ASI certified plants to 12; underscores Crown's focus on responsible material sourcing

TAMPA, Fla., July 19, 2023 /PRNewswire/ -- As part of the commitments laid out in its Twentyby30™ sustainability program to help advance responsible supply chains, Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has expanded its Aluminium Stewardship Initiative (ASI) certifications into the Asia Pacific region. The Company's Nong Khae and Crown TCP beverage packaging plants in Thailand were recently awarded the ASI Performance Standard certification, bringing the total facilities in Crown's network with the designation to 12. Crown's operations in Brazil and Mexico have also achieved ASI Performance Standard certification.

The ASI Performance Standard addresses environmental, social and governance principles for the aluminum value chain, confirming the recipient's production practices are responsible. Beyond meeting the required criteria as part of an independent, third-party audit, the recent certifications in Thailand can be linked to advancing employee training around biodiversity, safety and human rights.

"Achieving this ASI certification is another proof point of our dedication to maintaining reputable supply chain relationships and meeting the evolving needs of brands in the Asia Pacific market," said Carlos Baila, President, Asia Pacific at Crown. "We are committed to operating ethically and remaining accountable to our own standards, as well as those of our partners, as we continue to serve customers around the world."

"We are proud to have two of our facilities in Thailand join their peers in Brazil and Mexico to achieve this certification," commented Martyn Goodchild, Senior Vice President of Manufacturing, Asia Pacific at Crown. "It reflects strong collaboration among our employees and proves how activities taking place on a regional level can help accomplish the Company's larger sustainability goals."

To further expand its responsible and ethical sourcing program, Crown is pursuing ASI certification in other locations in its Asia, Europe and Middle Eastern operations.

"We warmly congratulate Crown Holdings, Inc. for achieving Performance Standard Certification at two of its plants in Thailand," said Fiona Solomon, Chief Executive Officer at ASI. "By training employees around vital sustainability areas such as biodiversity, safety, and human rights, Crown is driving positive change within its operations. Through this latest Certification in Thailand, Crown is extending its commitment to responsible practices and we look forward to the Company's continued pursuit of ASI Certification across its global operations."

ASI is a global, multi-stakeholder, non-profit standards and certification organization which works to maximize the contribution of aluminum to a sustainable society. The independent, third-party audit of Crown's Thailand facilities was carried out by LiberoAssurance.

To learn more about Crown's efforts around responsible material sourcing and its comprehensive Twentyby30 sustainability program, visit crowncork.com/sustainability.

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 editorial inquiries: Emily Hogan, Senior Account Executive, FINN Partners; Tel: (630) 248-5232; 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 release 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, 2022 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.

FAQ

What is the significance of Crown Holdings, Inc. expanding its ASI certifications into the Asia Pacific region?

Crown's expansion of ASI certifications into the Asia Pacific region demonstrates its commitment to responsible material sourcing and ethical operations, aligning with its sustainability program.

What does the ASI Performance Standard certification address?

The ASI Performance Standard certification addresses environmental, social, and governance principles for the aluminum value chain, confirming responsible production practices.

What is the role of the independent, third-party audit in the ASI certification process?

The independent, third-party audit confirms that the recipient's production practices meet the required criteria and are responsible, contributing to the credibility of the ASI certification.

How does Crown's achievement of ASI certification in Thailand contribute to its larger sustainability goals?

Crown's achievement of ASI certification in Thailand reflects strong collaboration among its employees and demonstrates how regional activities can help accomplish the company's larger sustainability goals.

What is the role of ASI as an organization in promoting sustainability in the aluminum industry?

ASI is a global, multi-stakeholder, non-profit standards and certification organization that works to maximize the contribution of aluminum to a sustainable society, driving positive change within aluminum operations.

What is the significance of Crown's pursuit of ASI certification in other locations in its Asia, Europe, and Middle Eastern operations?

Crown's pursuit of ASI certification in other locations demonstrates its commitment to expanding responsible and ethical sourcing practices across its global operations, contributing to sustainability initiatives.