Crown Holdings Secures Aluminium Stewardship Initiative (ASI) Chain of Custody Certification (CoC) for Mexican Operations

TAMPA, FL / ACCESSWIRE / April 10, 2024 / Crown Holdings, Inc.

Company's latest achievement further verifies ethical practices throughout value chain and shows commitment to transparency

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.