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17 MARCH 2023 AL CIRCLE

Ball Corporation posts Climate Transition Plan citing its sustainability efforts

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

Ball Corporation, on March 16, published its new Climate Transition Plan, citing the company's historical journey and development into a fully circular, decarbonised or carbon-neutral organisation.

Ball Corporation posts Climate Transition Plan citing its sustainability efforts , Alcircle News

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This certifies Ball to carry on better services for its stakeholders in supplying aluminium solutions that pose no threat to the planet.

The plan accompanied the release of Ball's 2022 Combined Report that illustrates the company's adherence to environmental, social and economic sustainability, alongside tracking its 2030 product stewardship and socio-economic aims.

Ball's Climate Transition Plan charts a strong, uncomplicated and science-based decarbonisation plan depending on the most current UN guidelines. Ball also instigates other international corporations to churn Net Zero programmes to curtail carbon emissions in real-time. 

Ball Corp envisions reducing critical emissions by 2030 and achieving other ancillary milestones by 2050 or before. The plan deployed for such an immense achievement revolves around three technically possible and economically feasible options that pose a certain amount of non-relativity and the chance of sudden changes along the course.

Ball Corporation posts Climate Transition Plan citing its sustainability efforts , Alcircle News

The release also talks about Ball's commitments being in line with the company's activities. Being the founding member of the World Economic Forum's First Movers Coalition, Ball is vehemently trying to optimise the industry's value chain with the constant advertisement of policies to amplify decarbonisation.

The President and CEO of Ball Corporation, Dan Fisher, commented: "As a global company with a 143-year history, Ball has the expertise and resources required to navigate uncertainty and deliver ongoing value for our employees, customers, communities and shareholders."

"The details shared in our 2022 combined report and Climate Transition Plan demonstrate our commitment to driving innovation and operational excellence across our global aluminium packaging and aerospace businesses. With sustainability as our continued focus, we have a bright future ahead," he explained.

The Chief Sustainability Officer of Ball Corporation, Ramon Arratia, mentioned: "Ball's Climate Transition Plan will help our customers achieve their scope 3 emissions targets. Strong collaboration with our customers and suppliers across the value chain will be needed, as well as joint policy advocacy for high circularity."

"The fight to keep the 1.5-degree limit alive will be won or lost in this decade; Ball's focus has been on achieving 55% reductions by 2030 with existing commercial technologies and applying best practice policies," Arratia concluded.

Global aluminium expo 2023

The 2022 Combined Report solidifies Ball's long-term ideation of augmenting operational capabilities, propelling innovation and treating the indigenous men or local heritage as the proprietary element behind the company's success.


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EDITED BY : MAYURAKSHI GANGULY 2MINS READ

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