YARDLEY, Pa., Nov. 20, 2020 /PRNewswire/ -- Crown
Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) is now
operating all 14 of its beverage can plants in the U.S. and
Canada on renewable energy. It is
the first metal packaging manufacturer to achieve this milestone,
which is the result of a 15-year wind power Virtual Power Purchase
Agreement (VPPA) with Longroad Energy. With the VPPA in effect and
all of Crown's manufacturing facilities in the U.K. already
completing a similar transition, 27.5% of the Company's global
operations are now using renewable electricity.
This accelerated usage of alternative power sources serves as a
major step in Crown's plan to employ 60% renewable electricity by
2030, 90% by 2040 and 100% by 2050—targets established in Crown's
Twentyby30 initiative, a comprehensive sustainability
program that addresses climate issues among other areas of urgent
global concern. The action also supports Crown's
Twentyby30 goal to decrease Scope 2 greenhouse gas
(GHG) emissions within its global operations, targeting a 50%
combined reduction in absolute Scope 1 (fuel) and Scope 2
(electricity) emissions. The transition reflects Crown's commitment
to the RE100, which is led by The Climate Group and CDP and focuses
on accelerating the transition to zero carbon grids at global
scale.
Relying on a Texas-based wind
farm, the VPPA generates more than 440,000 MWhs of
electricity, helping prevent over 310,000 metric tons of
carbon emissions each year—the equivalent to taking at
least 67,000 passenger vehicles off the road for one year. The
renewable power offsets 100% of the energy usage within Crown's
U.S. and Canadian beverage plants, which account for over 20% of
the Company's global Scope 2 greenhouse gas emissions.
"This VPPA, which makes us the first in our industry to complete
an energy transition for all U.S. and Canadian beverage can
manufacturing facilities, is a major milestone on our journey to
utilize 100% renewable electricity by 2050 and will play a critical
role in reducing GHG emissions from our operations," stated
John Rost, Ph.D., Vice President,
Global Sustainability and Regulatory Affairs at Crown. "Making a
pledge to the RE100 initiative, setting science-based emission
reduction targets and now implementing wind power across our U.S.
and Canadian beverage plants—these are all actions we view as
critical for driving measurable progress against climate change for
our planet."
Crown will continue to report progress against its journey to
using 100% renewable electricity via
www.crowncork.com/sustainability and its biennial
sustainability reports.
About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading
global supplier of rigid packaging products to consumer marketing
companies, as well as transit and protective packaging products,
equipment and services to a broad range of end markets. World
headquarters are located in Yardley,
Pennsylvania. For more information,
visit www.crowncork.com.
For more information, contact sustainability@crowncork.com.
For editorial inquiries: Mallory
Schindler, Account Supervisor, FINN
Partners; Tel: (212) 529-2634; Email:
mallory.schindler@finnpartners.com
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SOURCE Crown Holdings, Inc.