Crown Maintains Leadership Position With CDP for Second Consecutive Year
Thursday, November 02, 2017
Company’s A- score ranks ahead of its industry peer group and CDP program averages
Philadelphia, PA – For the second straight year, Crown Holdings, Inc.’s environmental stewardship has been recognized with an “A-” ranking (on a scale from A-F) for its submission to CDP’s Climate Change Evaluation Program. This ranking allows the Company to retain its “Leadership” tier position, the program’s highest level, which it achieved with its inaugural submission for the 2015 fiscal year. This program cycle included 2,418 companies, with an average program ranking of “C.”
Crown’s submission reflects data collected from its operations across 36 countries for the period of January 1, 2016 to December 31, 2016. The Company continued to demonstrate excellence in the Governance and Strategy, Risk and Opportunity Management and Emissions Management categories of the program.
“We are proud that our commitment to continuous improvement, innovation and efficiency has been recognized with another Leadership classification by CDP,” said Timothy Donahue, President and Chief Executive Officer of Crown Holdings, Inc. “As a format, metal packaging’s sustainability credentials are unparalleled. In addition to being 100% recyclable and infinitely recyclable, cans help minimize food waste, a critical aspect of sustainability, by protecting goods from light and oxygen. These are just some of the attributes that are making the can an increasingly popular option for brand owners and consumers around the world. This recognition of Crown’s leadership efforts to reduce the environmental impact of our manufacturing processes only strengthens the already strong sustainability case for metal packaging.”
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.