16 Sustainability Report 2024 | Environment
Investment 1
• Crown Worldwide Group partnered with carbon accounting platform Normative. This significant investment would allow the company to calculate its Scope One, Two and Three emissions in more than 40 countries, before developing a net-zero plan.
• Joy Lam was appointed as the Group’s first ESG Director, starting in post in June 2023. With almost two decades of experience in sustainability roles, Joy had previously led on developing Lego’s circular economy strategy, and had also been Head of Sustainability at the University of Hong Kong.
• Country managers continued to invest in clean technology. More than 200 solar panels were installed at facilities across the world, while new electric vehicles were introduced into our vehicle fleets. In India, $750,000 was invested in clean tech solutions, ranging from vehicles to renewable energy sources, to energy efficient building systems. Read more about how we’re already working to decarbonize operations in key markets on page 25.
Data 2
• Developing a dataset that shows the Group’s carbon footprint was critical to developing a carbon reduction plan and setting a net zero target. We chose and onboarded Normative in 2023 to provide this much-needed carbon accounting solution.
• Through the second half of 2023, we set about collating carbon emissions data, to upload to Normative’s platform. In some cases this meant starting from scratch, in others it has meant migrating carbon emissions data that already exists. Read more about this here.
• This saw substantial collaboration between ESG, finance, human resources and IT functions.
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