Crown Holdings Inc

Common Name
Crown Holdings
Country
United States
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
23,000
Ticker
CCK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Crown Holdings Inc., a leading global manufacturer of packaging products, specializes in the production of innovative metal packaging solutions. Its primary function is to design and produce packaging...

Crown Holdings's GHG Emissions Data Preview

In 2023, Crown Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Crown Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Crown Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Crown Holdings amounted to 1,146,010 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Crown Holdings decreased by 14.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Crown Holdings's Scope 1 Emissions Over Time

201820192020202120230150 k300 k450 k600 ktCO2e-1%-14%+11%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Crown Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Crown Holdings were 575,643 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Crown Holdings reduced its Scope 1 emissions over time?

Since 2018, Crown Holdings's Scope 1 emissions have remained relatively, stable, indicating that Crown Holdings's emissions have plateaued with no significant change in its operational footprint.

Compared to the previous year (2021), Crown Holdings's Scope 1 emissions increased by 5.53%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Crown Holdings's Scope 2 emissions?

In 2023, Crown Holdings reported Scope 2 greenhouse gas (GHG) emissions of 546,564 tCOâ‚‚e using the market-based method, and 570,367 tCOâ‚‚e using the location-based method.

Has Crown Holdings reduced its Scope 2 emissions over time?

Since 2018, Crown Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 27.85%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Crown Holdings's Scope 2 emissions (Location-Based) fell by 28.74% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Crown Holdings use for Scope 2 reporting?

In 2023, Crown Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.

Crown Holdings's Scope 2 Emissions Over Time

201820192020202120230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Crown Holdings's Value Chain Emissions

In 2023, Crown Holdings reported 7,051,322 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Crown Holdings includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2021, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Crown Holdings's Scope 3 Emissions Over Time

201920202021202304 M8 M12 M16 MtCO2e+55%-28%-31%
  • Total Scope 3
  • Year-over-Year Change

What are Crown Holdings's Scope 3 emissions?

In 2023, Crown Holdings reported total Scope 3 emissions of 7,051,322 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2021), Crown Holdings's Scope 3 emissions decreased by 31.07%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Crown Holdings's Total Carbon Footprint

In 2023, Crown Holdings reported a total carbon footprint of 8,197,332 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.19% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Crown Holdings's total carbon footprint was Scope 3 emissions, accounting for 86.02% of the company's total carbon footprint, followed by Scope 1 emissions at 7.02%.