Crown Scores Leadership Level Ranking in CDP's Climate Change Evaluation Program
Represents Crown's inaugural participation in the global disclosure system
PHILADELPHIA, Nov. 10, 2016 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com), a leading supplier of metal packaging products worldwide, has achieved an "A-" ranking (on a scale from A-F) for the climate change strategy outlined in its first annual CDP (formerly known as the Carbon Disclosure Project) submission. This program cycle's evaluation included a total of 2,449 companies globally, with the average program ranking being a "C." Crown's submission reflects data collected from the Company's operations across 40 countries for the period of January 1, 2015 through December 31, 2015.
Crown's ranking places the Company in the "Leadership" tier, the highest level that can be attained. This achievement is based on the Company's excellent performance in the following categories: Governance and Strategy, Risk and
"Our World-Class Performance (WCP) program, which focuses on raising performance standards and improving efficiencies in every aspect of our global operations, has served as the backbone of our sustainability efforts for over two decades," stated Timothy Donahue, President and Chief Executive Officer of Crown. "The high ranking we received for our inaugural CDP submission is a direct reflection of our commitment to the WCP program and the results it has generated. Crown remains committed to raising the standard of excellence by which we operate and we look forward to sharing our continued progress."
Crown has committed to a 10% reduction of CO2 emissions and a 5% reduction in energy from its production by 2020, calculated for its standardized production using 2015 data as a baseline.
To learn more about Crown's sustainability achievements and to download the Company's latest sustainability report, visit www.crowncork.com/sustainability.
CDP is a not-for-profit organization that provides a global system to measure and disclose environmental information that evaluates both the performance and the transparency of a company's climate change mitigation strategies.
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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SOURCE Crown Holdings, Inc.