Crown Holdings Announces Sustainability Commitment with Twentyby30 Plan
- by Anne Allen
YARDLEY, PA - Crown Holdings continues to double down on its commitment to sustainability, this time through its debut of Twentyby30. This program outlines twenty measurable environmental, social, and governance (ESG) goals to be completed by 2030 or sooner. The program identifies five distinct pillars of action—Climate Action, Resource Efficiency, Optimum Circularity, Working Together, and Never Compromise—that represent topics of urgent global concern.
“Our spirit of innovation and commitment to operating efficiently and responsibly have guided our business since we were founded, and we are proud of the sustainability progress we have made to date,” stated Timothy J. Donahue, President and Chief Executive Officer. “Yet, we must continue to raise the bar for our performance. It is our duty as a global manufacturer to serve as a steward to our environment, our communities, our customers, and our own workforce. The Twentyby30 program is a bold, comprehensive initiative that represents the next chapter of our sustainability journey. The program’s ambitious goals, which touch all aspects of our business, will help us accelerate our progress over the next decade, allowing us to make the greatest impact possible while reducing our footprint.”
As part of the company’s pledge to advance its contribution to climate action, it has had its greenhouse gas emission reduction targets approved by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to 1.5°C, the most ambitious goal of the Paris Agreement, a press release explained.
To make progress toward each Twentyby30 program goal, Crown will take steps to improve operational efficiencies and establish new processes and procedures as needed.
“In designing the Twentyby30 program, we are redefining our approach to sustainability and the role the packaging sector plays in bettering our environment,” said John Rost, Ph.D., Vice President, Global Sustainability and Regulatory Affairs. “This plan anticipates where the industry is headed and demonstrates a commitment to proactive advancement. We look forward to seeing what we can achieve through this strategy and to collaborating with our partners to push the boundaries of what is possible.”
Crown will continue to report its progress of the Twentyby30 program goals annually through global reporting standards including CDP and its sustainability reports. Its performance is also scored by various ESG ratings providers such as Sustainalytics and the Dow Jones Sustainability Index.
As more companies continue to up their commitment to sustainable practices, AndNowUKnow will report on the latest.