The multinational Crown Holdings, has just announced that it has obtained the highest ranking in the ‘Climate Change 2021’ report published by CDP. A distinction that places the company at the ‘Leadership’ level, the highest in the program.
With this rating, the company raised its score in the Climate Change 2020 report and was recognized by CDP for its continued sustainability efforts and progress towards its commitments to climate action as part of its strategy.
John Rost, Vice President, Global Sustainability and Regulatory Affairs at Crown says, “We are very proud of our commitment to environmental stewardship and the ambitious goals we have set for ourselves as part of our Twenty by 30 sustainability initiative.
He adds, “As part of this, we have taken important steps over the past two years to accelerate our emissions reduction initiatives. This includes setting science-based climate targets and joining The Climate Pledge, where we have committed to implementing operational changes and technologies that prioritize greenhouse gas (GHG) reduction and elimination strategies and to have zero carbon emissions across our business operations by 2040, 10 years ahead of the Paris Agreement. Our consistently high ranking with CDP over the past six years recognizes our continued leadership and progress as we address climate change. related risks and opportunities.”
In 2021, a record 13,000 companies disclosed climate change data to CDP. In the annual rating process, CDP assesses company performance using an independent rating system that is based on full and detailed disclosures and considers awareness of climate change issues, management methods and progress towards climate change action.
The company’s metal packaging plants exceeded the goal of reducing energy use by 5% per billion standard units of production. Crown exceeded its target of 30% renewable electricity by the end of 2020.
The company obtained its 2030 GHG emissions reduction targets approved by the Science Based Targets (SBTi) initiative as consistent with the reductions required to keep warming to 1.5°C, the most ambitious goal of the Paris Agreement.
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