Crown among 'Newsweek' 2023 List of America’s Most Responsible Companies
Crown among 'Newsweek' 2023 List of America’s Most Responsible Companies
<![CDATA[
Crown Holdings Inc., headquartered in Yardley, Pennsylvania, has been named among America’s Most Responsible Companies 2023 by Newsweek in partnership with global research and data firm Statista. The fourth-annual list recognizes organizations in the United States for their efforts related to corporate social responsibility and sustainability.
Crown Holdings, through its subsidiaries, is a leading global supplier of rigid packaging products, including aluminum cans, to consumer marketing companies. It also supplies transit and protective packaging products, equipment and services to a broad range of end markets.
Drawing from an initial pool of 2,000 eligible companies, this year’s final list includes 500 companies from 14 different industries, with Newsweek noting that the greatest number of finalists belong to the materials and chemicals sector. This recognition emphasizes Crown‘s own commitments to its workforce and operational impact, as well as the manufacturing industry’s progress and leadership around larger sustainability goals.
The 2023 list of America’s Most Responsible Companies was compiled based on publicly available key performance indicators (KPIs) derived from corporate social responsibility and sustainability reports. The more than 30 KPIs used for the assessment focused on company performance in the areas of environment, social and corporate governance. Additionally, an independent survey was conducted to evaluate companies’ reputations by asking U.S. residents about their perceptions of the company’s activities.
Following this review, Crown says it scored within the top 15 percent in the corporate governance category, reflecting high marks for disclosure and transparency, including compliance and anti-corruption guidelines and active participation in the UN Global Compact. It was also recognized for its economic performance, which includes stability and innovation capacity.
“We are honored by this recognition from Newsweek and to be distinguished alongside many prestigious companies with a dedication to corporate stewardship,” says John Rost, Ph.D., vice president, global sustainability and regulatory affairs at Crown. “Sustainability is at the heart of all we do, and we continue to push our performance to the next level. This ranking emphasizes the critical importance of enacting clear and pointed objectives for employee safety, a healthy working environment and sustainability. We continue to accelerate our Company progress through steadfast dedication and consistent innovation, and we look forward to the next steps that drive us toward our goals.”
Since 2020, Crown says it has placed increased emphasis on its sustainability strategy and key environmental, social and governance actions through its comprehensive Twentyby30 program. The program includes 20 measurable sustainability goals to be completed by or before the end of 2030. These goals fall under five pillars of action: Climate Action, Resource Efficiency, Optimum Circularity, Working Together and Never Compromise. Within those pillars, areas of focus include emissions reductions, product life cycle and recyclability to slow the pace of climate change; transitioning to renewable electricity; prioritizing water preservation; enhancing employee and product safety; and increasing workforce diversity.
]]>
Source: Recycling Today
Crown among 'Newsweek' 2023 List of America’s Most Responsible Companies
<