Crown Makes Significant Strides Against 2020 Sustainability Goals
Company reduces energy and emissions while increasing production
Philadelphia, PA – August 16, 2017. One year into its five-year strategy to reduce energy consumption and greenhouse gas emissions, Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com), a leading supplier of metal packaging products worldwide, has already surpassed one of its stated goals. In 2016, the Company announced its plan to reduce energy consumption by 5% per billion standard units of production from 2015 levels by the end of 2020. As of December 31, 2016, Crown has reduced energy consumption by 5.3% per billion standard units. Absolute energy consumption has decreased by 1.3% while the Company increased production by over 4.2%.
In addition, the Company is more than halfway towards its goal of reducing Scope 1 and Scope 2 greenhouse gas emissions by 10% per billion standard units of production from 2015 levels. As of December 31, 2016, Crown has reduced greenhouse gas emissions by 6.25% per billion standard units.
The goals, which were included as part of the Company’s submission to the CDP’s (formerly Carbon Disclosure Project) climate change program in 2016, reflect Crown’s commitment to efficiently manage and conserve resources and bring innovations to market that support the sustainability efforts of its customers and consumers.
“We are extremely proud of our progress towards our 2020 sustainability goals,” said Timothy J. Donahue, President and Chief Executive Officer of Crown. “Even as demand for metal packaging has continued to increase and we have grown our global footprint to best support our regional and international customers, we have reduced our overall energy consumption and greenhouse gas emissions. Our success stems from a rigorous, structured strategy that focuses on continuous improvement and is designed to raise our performance standards to the highest level in every area. We thank our global workforce for their efforts to deliver against this principle every day.”
To learn more about Crown’s sustainability achievements and to download the company’s latest sustainability report, visit www.crowncork.com/sustainability.
About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading supplier of packaging products to consumer marketing Companies around the world. World headquarters are located in Philadelphia, PA. For more information, visit www.crowncork.com.
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