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CROWN HOLDINGS RECEIVES VALIDATION OF NEW NET-ZERO TARGET THROUGH SBTI
Prnewswireยท 2025-08-28 17:30
Core Viewpoint - Crown Holdings, Inc. has received validation from the Science Based Targets initiative (SBTi) for its updated near-term and new net-zero targets, aiming for net-zero greenhouse gas emissions across its value chain by 2050 [1][2]. Group 1: Sustainability Goals - The company aims to reduce its Scope 1 and 2 greenhouse gas emissions by 50% and Scope 3 emissions by 27.5% by 2030, using 2019 as the baseline [2]. - Crown Holdings is one of approximately 1,000 organizations that have set net-zero targets, highlighting its commitment to sustainability [2]. Group 2: Corporate Commitment - The Chairman, President, and CEO of Crown Holdings emphasized the company's unique position to contribute to industry sustainability through emissions reduction and the provision of recyclable products [3]. - The validation from SBTi reinforces the company's commitment to measurable progress in its sustainability initiatives, particularly the Twentyby30 program launched in 2020 [3][4]. Group 3: Collaboration and Progress - The Vice President of Global Sustainability & External Affairs stated that achieving SBTi validation is a critical step in driving emissions reductions across the value chain and collaborating with suppliers, customers, and stakeholders [4]. - Crown Holdings has made significant progress through its Twentyby30 sustainability program, which reflects its strong climate commitment [4].