Crane NXT, Co. published its inaugural Environmental, Social, and Governance (ESG) report in September 2024. This report details the company's ESG program, initiatives, and actions towards compliance with the EU Corporate Sustainability Reporting Directive (CSRD). The report covers the period from the April 2023 separation through September 2024.
The company's ESG program focuses on eight material topics identified through a comprehensive materiality assessment. These topics are central to Crane NXT's efforts to make an impact on its people, communities, and the environment. The report reflects initiatives primarily from the CPI and Crane Currency businesses, with plans to integrate acquired businesses into the ESG program post-acquisition.
In 2024, Crane NXT associates contributed nearly 8,000 volunteer hours across more than 300 volunteer events. Additionally, the Crane Fund for Widows and Children donated approximately $1.7 million to over 300 organizations selected by the company's associates. This highlights the company's commitment to community engagement and philanthropy.
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