PHILADELPHIA, July 25, 2016 /PRNewswire/ -- Crown Holdings,
Inc. (NYSE: CCK) (Crown) (www.crowncork.com), a leading supplier of
metal packaging products worldwide, announced new environmental
sustainability goals which it aims to achieve by the end of 2020.
The goals, which focus on further reducing energy consumption and
greenhouse gas emissions, complement the Company's existing
strategy to effectively manage and conserve resources and bring
innovations to market that support the sustainability efforts of
customers and consumers. The goals have been submitted to the
Carbon Disclosure Project's (CDP) climate change program, as Crown
begins its participation this year. Public data will be published
on CDP's website this fall.
"Crown has always lived by the principles of sustainability,
placing a relentless focus on safety, innovation and efficiency,"
said Timothy J. Donahue, President
and Chief Executive Officer of Crown. "These goals support our
continued commitment to reduce the environmental impact of our
global operations and expand communication of our sustainability
performance to our stakeholders."
Crown's 2020 sustainability goals are as follows:
- By the end of 2020, reduce energy consumption by 5% per billion
standard units of production from 2015 levels.
- By the end of 2020, reduce Scope 1 and Scope 2 greenhouse
gas emissions by 10% per billion standard units of production from
2015 levels.
In addition to these reduction goals, Crown continues to drive
environmental improvements by investing in a variety of energy
efficiency projects each year. During 2015, Crown finalized 105
different emissions reduction initiatives that are anticipated to
save over 10,000 metric tonnes of CO2 each year.
Examples include:
- A multi-year effort to replace recuperative oxidizers with more
energy efficient equipment in several plants, yielding estimated
annual savings of over 2,600 metric tonnes of CO2.
- A phased lighting upgrade program involving the use of highly
energy efficient lighting devices and replacement of LED lighting
across multiple facilities.
"While ambitious, we are already well on our way toward
achieving these goals, evidenced by the continued progress outlined
in our biennial sustainability reports," comments Donahue. "The
state-of the-art beverage can plant that is currently being built
in Nichols, New York, which is
scheduled to be operational in the first quarter of 2017, will
further support our progress. Its highly efficient equipment will
make it one of the most energy efficient beverage can plants in the
world."
To learn more about Crown's sustainability achievements and to
download the company's latest sustainability report, visit
www.crowncork.com/sustainability.
Cautionary Note Regarding Forward-Looking
Statements
Except for historical information, all other
information in this press release consists of forward-looking
statements. These forward-looking statements involve a number
of risks, uncertainties and other factors, including the Company's
ability to achieve environmental sustainability goals in the areas
of energy consumption and greenhouse gas emissions; the Company's
ability to bring innovations to market to support the
sustainability efforts of customers and consumers; whether the
Company's new facility being built in Nichols, New York will become operational
during the first quarter of 2017; and whether it will become one of
the most energy efficient can plants in the world 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 in this press release 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
December 31, 2015 and in subsequent
filings made prior to or after the date hereof. The Company
does not intend to review or revise any particular forward-looking
statement in light of future events.
About Crown Holdings, Inc.
Crown Holdings, Inc.,
through its subsidiaries, is a leading supplier of packaging
products to consumer marketing Companies around the world. World
headquarters are located in Philadelphia,
PA. For more information, visit www.crowncork.com.
For more information, contact:
In the United States: Dr.
John M. Rost, Director –
Sustainability and Regulatory Affairs; Tel: (708) 239 5222; Email:
john.rost@crowncork.com
For editorial inquiries: Thomas T.
Fischer, Vice President Investor Relations and Corporate
Affairs; Tel: (215) 552-3720; Email:
thomas.fischer@crowncork.com
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SOURCE Crown Holdings, Inc.