Ball releases 2014 Sustainability Report, details goal to reduce carbon footprint by 25% by 2020; from 2012-2013, company introduced 10% lighter weight aerosol and beverage cans in Europe, reduced greenhouse gas emissions globally by 7.8%, more
May 20, 2014
-Fourth biennial sustainability report details Ball's 2012-2013 progress and future goals
-Striving to reduce the carbon footprint of most common beverage can formats by 25 percent by 2020
-Continued product innovation efforts with introduction of significantly lighter weight aerosol and beverage cans
-Reduced greenhouse gas emissions by 7.8 percent and further improved safety record
-Supported its communities worldwide through $3.5 million in financial support and volunteer efforts
Ball Corporation (NYSE: BLL) today released its fourth biennial sustainability report highlighting 2012 and 2013 progress, as well as goals for 2014, 2015 and beyond, in six key areas: innovation, operations, talent management, recycling, supply chain and community.
"Sustainability is an important part of Ball's culture and is vital to achieving our Drive for 10 vision, which will help create long-term shared value for the company and its stakeholders," said John A. Hayes, chairman, president and chief executive officer. "We made considerable progress in the reporting period and our commitment to sustainability has never been stronger. In fact, we're setting some ambitious new goals, as well as a bold, new target to reduce the carbon footprint of our beverage cans."
Highlights from the 2014 sustainability report include:
For more information on Ball's sustainability performance, including best practices and stakeholder perspectives, please visit www.ball.com/sustainability.
About Ball Corporation
Ball Corporation supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 14,500 people worldwide and reported 2013 sales of $8.5 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.
This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates" and similar expressions identify forward-looking statements. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key risks and uncertainties are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at www.sec.gov. Factors that might affect: a) our packaging segments include product demand fluctuations; availability/cost of raw materials; competitive packaging, pricing and substitution; changes in climate and weather; crop yields; competitive activity; failure to achieve productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; political instability and sanctions; and changes in foreign exchange or tax rates; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus: changes in senior management; successful or unsuccessful acquisitions and divestitures; regulatory action or issues including tax, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; litigation; strikes; labor cost changes; rates of return on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding the U.S. government budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives; interest rates affecting our debt.