Month: April 2024

Brands are exploring key questions: What sustainability factors do consumers prioritize? In what ways can brands leverage sector-wide collaboration for sustainability? And, what innovations can we expect in the future?

We invite you to join us for Network Effect: Mondelez on May 2nd from 9 to 11:00 a.m. as we hear from brands including The Food Institute, Griffith Foods, Kantar, Barilla and others to discuss innovative and collaborative solutions to the biggest challenges facing people and the planet today.

Explore the agenda:

What Today’s Consumers Want from CPG Brands

Consumers say they’re interested in sustainable products and brands. Even in a tough economy, many are even willing to pay more for them. But how do consumers determine which products are sustainable, and what are they looking for from today’s brands? In this conversation moderated by Nick Graham, SVP Global Head of Insights & Analytics at Mondelez, we’ll take a closer look at what consumers are saying. We’ll unpack some key insights from Mondelez’s fifth annual State of Snacking Report, and we’ll hear from leaders at Kantar about the consultancy’s recent research around consumer behavior. Brian Choi, Director of The Food Institute, will bring additional context around how food brands can continue to reach consumers in an increasingly challenging economic environment.

How CPG Brands Can Be Positive Partners for Health

As consumers become more health conscious, today’s food brands are challenged to become positive partners in helping people live healthier and more mindful lifestyles. But how can brands rise to the occasion? In this conversation, we’ll hear from brand leaders and registered dieticians about what consumers want and need when it comes to health and how brands are responding.

Meeting Consumer Demand for Sustainability

How can brands meet the demand for sustainable products while empowering their customers to create positive change? Susanne Mathis, Senior Director of Sustainability at Mondelez, will speak to how the company is responding, as well as sector-wide collaboration in the CPG industry. Simonne DuBois, director of foresight and innovation at Kantar, will join the conversation to discuss how brands can leverage behavioral science to empower consumers to close the “say/do gap” on sustainable behavior change.

Innovating for the future of the CPG sector

Today’s consumers are seeking different options than what was popular in the past. Meanwhile, companies in the global food system are challenged to feed more people on less land under increasing threats of climate change. All of this adds up to one thing: a massive need for innovation around the future of food. In this conversation, we’ll hear from industry innovators about their fresh new ideas to navigate macroeconomic trends while serving consumers with the cutting-edge products they’re looking for.

Be part of the conversation and register today at no cost.

TAMPA, Fla., April 10, 2024 /3BL/ – Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has received the Aluminium Stewardship Initiative (ASI) Chain of Custody (CoC) Standard V2 (2022) Certification for its Mexican operations—the latest addition to a series of responsible sourcing credentials around the globe. By monitoring materials into their downstream stages, the certification aims to verify whether organizations maintain due diligence as their products move throughout their complete life cycles. For Crown, this achievement underscores a commitment to transparency and demonstrates a focus on product stewardship as part of the Company’s Twentyby30™ sustainability program.

The ASI CoC Standard V2 applies to the production of beverage cans, can ends and ROPP closures at Crown Mexico facilities, including Crown Ensenada, Crown Guadalajara, Crown Toluca, Crown Latas Monterrey, Crown Cierres Monterrey and its headquarters in Monterrey, Mexico. Comprising a collective annual production capacity of 6.85 billion beverage cans, 6.7 billion can ends and 400 million ROPP closures, the facilities originally received Performance Standard V2 (2017) in January 2022.

“Across all of our facilities in Mexico, we are mindful of the materials we utilize and how our products make their way through the market, as we understand our responsibility extends beyond our own manufacturing lines,” said Eduardo Argueta, President of Crown Mexico. “We are honored that ASI has verified our practices for alignment with the CoC Standard, as we always aim to meet the industry’s highest expectations for ethics and corporate stewardship.”

Serving as an extension to the ASI Performance Standard, the CoC Standard sets requirements for material that is produced and processed through the value chain into diverse downstream sectors. The implementation of the ASI CoC Standard links verified practices at successive steps of the supply chain – certified under the ASI Performance Standard – to the products produced by ASI Certified Entities. The CoC Standard also confirms that appropriate policies and due diligence process are in place to identify and address critical issues, such as corruption, human rights abuses, materials originating from conflict-affected and high-risk areas in the supply chain and support responsible sourcing.

“It is no longer enough to simply share material origins,” said John Rost, Senior Vice President – Crown Technology, Sustainability and Regulatory Affairs at Crown. “As a corporation with a global presence, we must do our part to establish thorough precautionary measures up and down our value chain—and to be transparent about the steps we are taking to protect the environment, communities and employees as we work to meet consumer demand. Our latest ASI certification shows we are being hypervigilant and are making the effort to minimize our impact at every stage.”

Prior to achieving the ASI CoC Standard V2, Crown Mexico was verified with the ASI Performance Standard. The Company also previously received verification in several other countries, including Brazil, Colombia and Thailand, and continues to pursue verification in other regions across its global footprint.

ASI is a global, multi-stakeholder, non-profit standards and certification organization which works to maximize the contribution of aluminum to a sustainable society. The independent, third-party audit of Crown’s Mexican facilities was carried out by DNV Business Assurance Services UK Ltd.

To learn more about Crown’s efforts around responsible material sourcing and its comprehensive Twentyby30™ sustainability program, visit crowncork.com/sustainability.

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 Tampa, Florida. For more information, visit www.crowncork.com.

For editorial inquiries: Emily Hogan, Senior Account Executive, FINN Partners; Tel: (630) 248-5232; Email: emily.hogan@finnpartners.com.

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this release or the actual results of operations or financial condition of the Company to differ are discussed under the caption “Forward Looking Statements” in the Company’s Form 10-K Annual Report for the year ended December 31, 2023 and in subsequent filings. The Company does not intend to review or revise any particular forward-looking statement in light of future events.

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SOURCE Crown Holdings, Inc.

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