Crown Announces 2020 Sustainability Goals

Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com), a leading supplier of metal packaging products worldwide, announced new environmental sustainability goals which it aims to achieve by the end of 2020. The goals, which focus on further reducing energy consumption and greenhouse gas emissions, complement the Company’s existing strategy to effectively manage and conserve resources and bring innovations to market that support the sustainability efforts of customers and consumers. The goals have been submitted to the Carbon Disclosure Project’s (CDP) climate change program, as Crown begins its participation this year. Public data will be published on CDP’s website this fall.

“Crown has always lived by the principles of sustainability, placing a relentless focus on safety, innovation and efficiency,” said Timothy J. Donahue, President and Chief Executive Officer of Crown. “These goals support our continued commitment to reduce the environmental impact of our global operations and expand communication of our sustainability performance to our stakeholders.”

Crown’s 2020 sustainability goals are as follows:
By the end of 2020, reduce energy consumption by 5% per billion standard units of production from 2015 levels.
By the end of 2020, reduce Scope 1 and Scope 2 greenhouse gas emissions by 10% per billion standard units of production from 2015 levels.

In addition to these reduction goals, Crown continues to drive environmental improvements by investing in a variety of energy efficiency projects each year. During 2015, Crown finalized 105 different emissions reduction initiatives that are anticipated to save over 10,000 metric tonnes of CO2 each year. Examples include:

A multi-year effort to replace recuperative oxidizers with more energy efficient equipment in several plants, yielding estimated annual savings of over 2,600 metric tonnes of CO2.

A phased lighting upgrade program involving the use of highly energy efficient lighting devices and replacement of LED lighting across multiple facilities.

“While ambitious, we are already well on our way toward achieving these goals, evidenced by the continued progress outlined in our biennial sustainability reports,” comments Donahue. “The state-of the-art beverage can plant that is currently being built in Nichols, New York, which is scheduled to be operational in the first quarter of 2017, will further support our progress. Its highly efficient equipment will make it one of the most energy efficient beverage can plants in the world.”
http://www.crowncork.com/news/press-room/crown-announces-2020-sustainability-goals

 

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