WESTMINSTER, Colo.,
March 15, 2022 /PRNewswire/ -- Ball
Corporation (NYSE: BLL) today released its inaugural combined
report covering the calendar year 2021. The report provides
stakeholders with a comprehensive overview of how environmental,
social and economic sustainability are driving growth across the
company's global aluminum packaging and aerospace businesses. The
report details Ball's commitment to transparently sharing progress
towards its 2030 Sustainability Goals and integrating
sustainability into all aspects of its business strategy.
"While 2021 presented challenges such as the pandemic and supply
chain issues, we continued to work together as a global team to
drive sustainable innovation and deliver results for shareholders,
customers, and our communities," said Dan
Fisher, President and CEO-elect, Ball Corporation. "At Ball,
sustainability is a business imperative. We remain committed to
driving systemic change throughout our company and industry, and
the progress made last year is a testament to that."
Ball's sustainability strategy covers the company's entire value
chain, focusing on improving product stewardship by supporting
customers' goals and developing net zero emission and circular
strategies throughout the entire life cycle of its products, and
accelerating positive social impact for employees and the
communities in which the company operates.
Highlights from the 2021 Ball Corporation Combined Report
include:
- Strides on renewable energy, including sourcing 44% of global
electricity demand in 2021 from renewables, resulting in the
elimination of nearly 409,000 metric tons of GHG emissions
year-over-year.
- Year over year reduction of carbon emissions associated with
global beverage direct operations by 19%, progress towards the
company's 1.5° science-based emissions reduction target.
- Ball earned Aluminum Stewardship Initiative (ASI) certification
for 35 of its beverage packaging facilities in South America and EMEA. ASI certification
enables Ball to create a stronger and more resilient supply chain,
while underscoring the company's commitment to source 100% of its
aluminum needs from certified sustainable sources by 2030.
- Increased sports and entertainment venue adoption of the Ball
Aluminum Cup™, an infinitely recyclable product that provides
consumers with an enhanced drinking experience and helps venues
meet sustainability goals. For example, Ball Arena eliminated
271,000 plastic cups and bottles in 2021.
- A successful launch of the Ball Aerospace-built Operational
Land Imager 2 instrument aboard Landsat 9, the latest in a series
of missions between NASA and the United States Geological Society
which provide monitoring of key natural and economic resources from
orbit.
- More than 60% of the aluminum supplied for Ball's aerosol
packaging originated from low carbon sources.
- Increased annual spend with minority- and women-owned business
suppliers in the United States by
32% to $138.2 million.
- Contributed $5 million in global
support for Ball communities impacted by COVID-19.
In addition to reporting progress toward the company's 2030
sustainability goals, the combined report outlines Ball's role in
driving the transition to a circular economy. This builds on the
company's 2021 Vision for a Perfect Circle which provides a
comprehensive framework for how the industry can achieve an
ambitious circular model. This framework calls for 100% collection,
extended producer responsibility and improved sorting
infrastructure. The Combined Report also includes in-depth updates
on Ball initiatives, such as diversity and inclusion, and
community.
To learn more, download the full 2021 Ball Corporation Combined
Report. For more information on Ball's sustainability efforts,
please visit https://www.ball.com/sustainability
About Ball Corporation
Ball Corporation supplies
innovative, sustainable aluminum packaging solutions for beverage,
personal care and household products for customers, as well as
aerospace and other technologies and services primarily for the
U.S. government. Ball Corporation and its subsidiaries employ
24,300 people worldwide and reported 2021 net sales of $13.8 billion. For more information, visit
www.ball.com, or connect with us on Facebook or Twitter.
Forward-Looking Statements
This release contains
"forward-looking" statements concerning future events and financial
performance. Words such as "expects," "anticipates," "estimates,"
"believes," and similar expressions typically identify
forward-looking statements, which are generally any statements
other than statements of historical fact. Such statements are based
on current expectations or views of the future and are subject to
risks and uncertainties, which could cause actual results or events
to differ materially from those expressed or implied. You should
therefore not place undue reliance upon any forward-looking
statements and they should be read in conjunction with, and
qualified in their entirety by, the cautionary statements
referenced below. 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 factors,
risks and uncertainties that could cause actual outcomes and
results to be different 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.
Additional factors that might affect: a) our packaging segments
include product capacity, supply, and demand constraints and
fluctuations and changes in consumption patterns; availability/cost
of raw materials, equipment, and logistics; competitive packaging,
pricing and substitution; changes in climate and weather; footprint
adjustments and other manufacturing changes, including the startup
of new facilities and lines; failure to achieve synergies,
productivity improvements or cost reductions; unfavorable mandatory
deposit or packaging laws; customer and supplier consolidation;
power and supply chain interruptions; changes in major customer or
supplier contracts or loss of a major customer or supplier;
inability to pass through increased costs; war, political
instability and sanctions, including relating to the situation in
Russia and Ukraine and its impact on our supply chain and
our ability to operate in Russia
and the EMEA region generally; changes in foreign exchange or tax
rates; and tariffs, trade actions, or other governmental actions,
including business restrictions and shelter-in-place orders in any
country or jurisdiction affecting goods produced by us or in our
supply chain, including imported raw materials; 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 above plus: the extent to which
sustainability-related opportunities arise and can be capitalized
upon; changes in senior management, succession, and the ability to
attract and retain skilled labor; regulatory actions or issues
including those related to tax, ESG reporting, competition,
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; the ability to manage cyber threats; litigation;
strikes; disease; pandemic; labor cost changes; inflation; rates of
return on assets of the Company's defined benefit retirement plans;
pension changes; uncertainties surrounding geopolitical events and
governmental policies, including policies, orders, and actions
related to COVID-19; reduced cash flow; interest rates affecting
our debt; and successful or unsuccessful joint ventures,
acquisitions and divestitures, and their effects on our operating
results and business generally.
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SOURCE Ball Corporation