Ball Corporation, in an announcement, declared that the company had been selected as one of the top contributors to the basic standards encompassing the idea of environmental, social and governance (ESG) in the 2023 Sustainalytics list.
The USA’s packaging company denoted on social media: “We’re proud to share that Ball has been included in @Sustainalytics’s 2023 list of Top-Rated ESG Companies, recognising the work our team has done with #ESG programs and policies!”
Ball was marked with a 10.8 average rating in the ESG risk indicator, which regards the company to be in a “low risk” range. The companies that receive numbers lower than 10 are fit to enter the ‘negligible’ genre.
Ball Corp had the fourth position out of 99, with the greatest number being one in the container and packaging department, which denotes the lowest risk factors.
Ball Corporation is one of the leading metal and aluminium packaging suppliers hailing from the USA, with operations spread across three primary areas: Europe, North and South America.
Due to the increasing need for newer sustainable packaging solutions, the company is subsequently enhancing its work protocols to keep a logical outlook towards the faster-than-ever growing markets and global economies. Ball maintains a mild work profile in adherence with the U.S. defence industry through the creation of its flagship aerospace components.
The packaging company mentions the collections of four of its departments – beverage packaging (EMEA) accounts for 25 per cent of Ball’s revenue, beverage packaging plants in North and Central America amount to 44 per cent of the revenue, beverage packaging in South America earns 14 per cent of the total revenue haul. In comparison, aerospace components take up the left 14 per cent of the share. Ball Corporation posted a total revenue generation of US$15.3 billion in 2022.
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