Crown Holdings, Inc

Containers & Packaging
CCK
$ 84 2.8
Share price
$ 10 bn
Market Cap
$ 17 bn
Enterprise Value

Carbon footprint

68 Ton
GHG emissions per $ 1 mln investment
1.8x the weighted average for S&P 500
FY2021
How is this calculated?
-15%
YOY change in GHG emissions
Weaker than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-5.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Crown Holdings, Inc aims to achieve net zero for Scope 1 + 2 by 2040


This target has not been verified as science based according to SBTi
Crown Holdings, Inc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Crown Holdings, Inc's GHG emissions (market-based) (Kt of CO2e)
Crown Holdings, Inc's Carbon intensity (Tons per 1 USDm)

Crown Holdings, Inc's carbon footprint

Crown Holdings, Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,143 Kt (-200 /-14.9% y-o-y). Also positively, carbon intensity plunged to 116 t (-17 /-12.7% y-o-y).

Crown Holdings, Inc's Scope 3 emissions tumbled to 10,230 Kt (-4,068 /-28.5% y-o-y). The performance has been erratic recently.

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -60 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Crown Holdings, Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Crown Holdings, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. Crown Holdings, Inc. also commits to reduce absolute scope 3 GHG emissions 16% over the same target period.

Company environmental metrics

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