Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Climate change is the most significant risk of our time. Corporate action to reduce Greenhouse Gas (GHG) emissions will have a significant impact on the fight against climate change and Crown is up for the challenge. We have set Science Based Targets initiative (SBTi) goals to reduce our Scope 01 emissions coming from the combustion of fossil fuels in our operations; our Scope 02 emissions generated from the production of non-renewable electricity used in our operations; and our Scope 03 emissions coming from our value chain, in particular from the production of the materials we buy to make our products. Our Climate Action strategy focuses on production efficiency, product and process innovation, strategic material procurement and utilization of renewable electricity. This strategy acknowledges that climate change can have financial impacts on our global business, but we can create opportunity for growth by proactively mitigating risks throughout our value chain.
Crown has a variety of processes in place to ensure that all engagement activities are consistent with Crown's overall climate change strategy. For example, the Sustainability Steering Committee is the group that was formed specifically to influence and drive Crown's strategy. This team is made up of multi-functional global leaders that help maintain consistency across Crown's global footprint. Additionally, Crown has published sustainability information in mainstream annual reports and we've published a biennial sustainability report since 2011 that helps drive consistency for internal and external stakeholders. We aim to report annually going forward.