One year into its five-year strategy to reduce energy consumption and greenhouse gas emissions, Crown Holdings says it has surpassed one of its stated goals.
In 2016, the company announced its plan to reduce energy consumption by 5% per billion standard units of production from 2015 levels by the end of 2020.
As of December 31, 2016, Crown has reduced energy consumption by 5.3% per billion standard units.
Absolute energy consumption has decreased by 1.3% while the company increased production by over 4.2%.
In addition, Crown Holdings is more than halfway towards its goal of reducing Scope 1 and Scope 2 greenhouse gas emissions by 10% per billion standard units of production from 2015 levels.
As of December 31, 2016, Crown has reduced greenhouse gas emissions by 6.25% per billion standard units.
The goals, which were included as part of the company’s submission to the CDP’s (formerly Carbon Disclosure Project) climate change program in 2016.