Crown Maintains Leadership Position with CDP for Second Consecutive Year
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For the second straight year, Crown Holdings Inc.'s (Philadelphia, Pa., USA) 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 Jan. 1, 2016, to Dec. 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 CEO of Crown Holdings.
"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.
Crown Holdings Inc., through its subsidiaries, is a leading supplier of packaging products to consumer marketing companies around the world. More information is available online.
