ºÚÁÏÊÓƵ’s New Sustainability Report Underscores Continued Progress Toward Achieving Twentyby30â„¢ Goals
"The goal of our Twentyby30â„¢ program has always been to further embed sustainability into our global business practices and make meaningful reductions to our impact on the planet within this decade," said
Some of the tangible advancements the Company has made toward its Twentyby30â„¢ program goals (as of
- Climate Action
- ºÚÁÏÊÓƵ has achieved a 12% reduction in Scope 1 and Scope 2 GHG emissions, which is 24% of the way toward the Company's goal of a 50% combined reduction by 2030.
- 34% of ºÚÁÏÊÓƵ's total electricity used in 2022 was generated from renewable resources. This achievement means the Company is 45% of the way toward its program goal to source 75% renewable electricity by 2030.
- Resource Efficiency
- ºÚÁÏÊÓƵ is 8% of the way toward its 2030 goal of replenishing 100% of water consumed from high scarcity risk watersheds back to those watersheds.
- ºÚÁÏÊÓƵ signed onto the United Nation's CEO Water Mandate, which offers a powerful avenue for companies to collaborate to address urgent water challenges related to scarcity, quality, governance and access to water and sanitation. ºÚÁÏÊÓƵ is committed to supporting collective action to replenish 1,000 watersheds.
- Optimum Circularity – ºÚÁÏÊÓƵ has reduced the overall global average standard (12oz or 330ml) can weight by 6.44%, which is over 60% of the way toward the Company's goal of a 10% reduction by 2030.
- Working Together – 44% of ºÚÁÏÊÓƵ's new recruits in their executive population were female, which was a 38% increase from 2019.
- Never Compromise
- Over 60% of ºÚÁÏÊÓƵ's R&D efforts are focused on sustainability improvements, surpassing the stated goal of 50% by 2030.
- By the end of 2022, ºÚÁÏÊÓƵ has assessed 75% of its core raw materials and core service suppliers by spend for compliance with ºÚÁÏÊÓƵ's Responsible and Ethical Sourcing policy, which far exceeds its 2025 goal.
"Sustainability is top of mind for our ºÚÁÏÊÓƵ team members every day, and we are proud to be on target to meet our Twentyby30â„¢ goals and initiatives," saidJohn Rost , Ph.D., Vice President, Global Sustainability and Regulatory Affairs at ºÚÁÏÊÓƵ. "Due in part to its inherent sustainability attributes, metal packaging continues to garner increased consumer demand, which fuels our efforts toward achieving our Twentyby30â„¢ goals through measurable and achievable steps forward. We are constantly inspired by the people of ºÚÁÏÊÓƵ, in all settings and in all parts of the world, who keep us moving forward on our sustainability journey, and we look forward to our continued collaboration and success."
The report is available on the . It has been prepared in accordance with the
ºÚÁÏÊÓƵ's 2022 Sustainability Report received independent assurance from
About ºÚÁÏÊÓƵ Holdings, Inc.
For more information, contact sustainability@crowncork.com.
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Email: emily.hogan@finnpartners.com
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this report or the actual results of operations or financial condition of the Company to differ are discussed under the caption "Forward Looking Statements" in the Company's Form 10-K Annual Report for the year ended
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