US – Crown Holdings has published its 2021 Sustainability Report highlighting progress against its dedicated Twentyby30 sustainability strategy.
The report also shows the company’s other key environmental, social and governance (ESG) achievements during fiscal years 2019 through 2021.
Launched in 2020, Crown’s comprehensive Twentyby30 program includes 20 measurable sustainability goals to be completed by or before the end of 2030, all set against a 2019 baseline.
The program includes five distinct pillars of action – Climate Action, Resource Efficiency, Optimum Circularity, Working Together and Never Compromise – which are supported by the Company’s robust governance and ethics principles and practices.
“We are incredibly proud of the progress we have made one year into the implementation of our Twentyby30 program,” said John Rost, Ph.D., Vice President, Global Sustainability and Regulatory Affairs at Crown.
“Our strategy focuses on several key issues including emissions reduction, product lifecycle and recyclability to slow the pace of climate change, transitioning to renewable electricity, prioritizing water preservation, enhancing employee and product safety, and increasing workforce diversity.
The company has achieved 11% reduction in absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions, against a target of 50% combined reduction by 2030 highlighted in its Twentyby30 program goals, showing progress of 22%.
In 2021, 30% of electricity consumed was from renewable sources, a 40% progress toward its target of using 75% of renewable energy by 2030 and 100% by 2040.
On reducing materials used in packaging, Crown has reduced by 4% the weight of its 330ml can against a target of making the can 10% lighter.
The company, however, has achieved its target of assessing, by third-party verification assessments, 75% of suppliers determined as high risk.
The report has been prepared in accordance with the Global Reporting Initiative (GRI) Core Standard and adheres to the Ten Principles of the United Nations Global Compact (UNGC), which Crown recently signed onto as a participant.
The report also maps Crown’s progress to indicators defined by the Sustainability Accounting Standards Board (SASB) Containers & Packaging standard and key United Nations Sustainable Development Goals (SDGs).
The Company’s climate reporting also follows the guidelines of the Task Force on Climate-Related Financial Disclosures (TCFD). The 2021 report includes the Company’s GRI index as well as its SASB and TCFD disclosure.
Crown’s 2021 Sustainability Report received independent assurance from Lucideon CICS Limited related to its total 2021 data for GHG emissions (Scope 1, 2 and 3 categories) and 2021 water usage data.
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