This week, Crown Holdings published its 2022 Sustainability Report to share progress against its Twentyby30 sustainability strategy and related achievements during fiscal year 2022. We mentioned the sustainability focus of Crown as a nice differentiator in our CBC 2023 notes:
On the larger scale canning side, Crown says aluminum can supply issues are a thing of the past. They’ve expanded their shipping in the U.S. by 40 percent by opening three new facilities. They’ve also expanded lines of specialty cans like sleek sizes.
Another benefit of a global organization these days, weirdly, can be social and environmental responsibility thanks to stringent ESG goals. Crown specifically has net zero goals, bringing online solar-powered facilities, implementing water resource management, etc.
Crown’s Twentyby30 program includes 20 measurable sustainability goals to be completed by or before the end of 2030, set against a 2019 baseline. This year’s report, titled “Progress in Motion,” emphasizes Crown’s continued progress in several key areas of the program, its proactive execution plan and examples of internal and external collaboration to advance toward a more sustainable future.
“Due in part to its inherent sustainability attributes, metal packaging continues to garner increased consumer demand, which fuels our efforts toward achieving our Twentyby30 goals through measurable and achievable steps forward,” stated John Rost, VP of Global Sustainability and Regulatory Affairs at Crown.
Here are some highlights …
Climate Action | Crown 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 Crown’s total electricity used in 2022 was generated from renewable resources. This achievement means Crown is 45% of the way toward its program goal to source 75% renewable electricity by 2030.
Over 60% of Crown’s R&D efforts are focused on sustainability improvements, surpassing the stated goal of 50% by 2030.
Resource Efficiency | Crown is 8% of the way toward its 2030 goal of replenishing 100% of water consumed from high scarcity risk watersheds back to those watersheds. Crown 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. Crown is committed to supporting collective action to replenish 1,000 watersheds.
Circularity | Crown 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.
By the end of 2022, Crown has assessed 75% of its core raw materials and core service suppliers by spend for compliance with Crown’s Responsible and Ethical Sourcing policy, which far exceeds its 2025 goal.
The report is available on the sustainability section of Crown’s website. It has been prepared in accordance with the Global Reporting Initiative (GRI) Core Standard and adheres to the Ten Principles of the United Nations Global Compact (UNGC). The report maps Crown’s progress to indicators defined by the Sustainability Accounting Standards Board (SASB) Containers & Packaging Standard and key United Nations Sustainable Development Goals (SDGs). The Company’s climate reporting also follows the guidelines of the Task Force on Climate-Related Financial Disclosures (TCFD). The 2022 report includes the Company’s GRI index as well as its SASB and TCFD disclosures.