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    Breaking News

    Crown Elevates Emissions Reduction Initiatives by Signing the Climate Pledge

    Crown joins more than 200 global organizations, including Amazon, in a commitment to become net-zero carbon by 2040.

    Crown Elevates Emissions Reduction Initiatives by Signing the Climate Pledge
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    09.23.21
    Crown Holdings, Inc. announced it will take further action against climate change in conjunction with Amazon, Global Optimism and more than 200 other signatories through The Climate Pledge, a commitment to be net-zero carbon across business operations by 2040, 10 years ahead of the Paris Agreement.

    Joining a cross-sector network of organizations collaborating to address the climate crisis and solve the challenges of decarbonizing the economy, Crown will lend its Twentyby30 sustainability commitments, responsible business strategies and best practices to the community to achieve actionable results.

    As part of The Climate Pledge platform, participating organizations must commit to three principal areas of action to advance the goal of reaching net-zero carbon by 2040. Expected to measure internal greenhouse gas (GHG) emissions and issue reports on a regular basis, The Climate Pledge signatories will implement operational changes and technologies that prioritize GHG reduction and elimination strategies. Additionally, each member of the network must neutralize and offset remaining emissions to ensure that net-zero can be achieved.

    "To decrease global GHG emissions at the rate needed to reach net-zero by 2040, it's crucial for the packaging sector to take aggressive action," said Timothy J. Donahue, president and CEO of Crown. "Crown has seen – in our lifetime – the key benefits and impact of metal as a sustainable packaging material. Our decision to engage and grow with members of The Climate Pledge is the natural next step as we work with our stakeholders, consumers and peers to reduce emissions and fight climate change."

    Crown's sustainable solution of metal packaging plays an increasingly important role in decarbonizing production cycles for packaging manufacturers. The recyclable material provides manufacturers with a responsible, energy-efficient asset for participation in a circular economy, as the chemical makeup of metal allows it to be recaptured and easily and infinitely repurposed without degrading the value of the material.

    Investing in, producing and subsequently recapturing metal packaging not only extends the lifecycle of a manufacturer's product, but it also reduces dependency on sourcing raw materials and the energy required to do so. Producing metal packaging with recycled materials preserves 70% to 90% of the energy used for packaging made from raw materials, reducing manufacturing carbon emissions. 
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    CURRENT ISSUE

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