2020 SUSTAINABILITY GOALS – ACHIEVEMENT STATUS
Ball published year-end 2020 sustainability goals in 2016. Setting the groundwork for our ambitious 2030 goals above, they were backed by detailed, shorter-term goals in each business, region and at the plant-level. Ball achieved almost all of the goals established, such as setting a science-based greenhouse gas emission reduction target, improving water and energy efficiency by more than 5%, and rolling out both Diversity and Inclusion and Community Ambassadors programs globally.
Ball did not achieve its 2020 goal to reduce waste generation per unit of production 6% by 2020 against a 2016 baseline. As part of Ball’s commitment to Real Circularity we completed an extensive internal and external review of our monthly waste data. As a result of this review, Ball identified a few instances where country-specific mandatory waste reporting requirements resulted in more comprehensive regional reporting than Ball’s global data monitoring. This discrepancy was a result of how the data are categorized – Ball collects its global waste data into 8 broad waste treatment categories while country-specific data are compiled into numerous and varied waste categories depending on country-specific mandatory waste reporting requirements. To further improve waste data collection moving forward, Ball is updating the standardized waste data collection and guidance documents for its global operations. Although absolute waste volumes increased from 2016 – 2020, the amount of waste reused or recycled increased 49% while amount of waste sent to landfill decreased 47% over the same period.
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FORWARD LOOKING STATEMENTThis document 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 any such statements 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; political instability and sanctions; currency controls; 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 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; the ability to manage cyber threats; litigation; strikes; disease; pandemic; labor cost changes; rates of return on assets of the Company's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies both in the U.S. and in other countries, 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.
SUSTAINABILITY STATEMENTS DISCLAIMERThe information contained in this presentation or in any sustainability-related section of Ball’s website may contain estimates, predictions, and forward-looking statements concerning past and future data, information, events, growth, and trends, including related to Ball’s financial and sustainability performance and progress. Words such as "expects," "anticipates," "estimates," "believes," similar expressions, and any charts, graphs, tables, or timelines conveying expectations, estimates, beliefs, targets, goals, visions, objectives, or similar concepts typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements may be based on current expectations, trends, and views of the future and possible outcomes, and such statements are subject to risks and uncertainties. Actual developments, results or events are likely to differ materially from those expressed, anticipated, or implied. Such trends, developments, and potential outcomes, especially those related to sustainability, are often mostly or entirely outside of our reasonable control. Additionally, data, information and predictions related to sustainability trends, expectations, growth, and effects on our company and our industry are inherently uncertain. You should therefore not rely upon any information on this website, and such information should be read in conjunction with, and, qualified in their entirety by, any cautionary statements and disclaimers, including this cautionary statement and any “forward-looking” statement disclaimer. Except where expressly indicated, discussions of sustainability-related developments do not indicate that such developments will have any impact on Ball or on our industry. Ball undertakes no obligation to publicly update or revise data, information, estimates, predictions, discussions, views, proposals, positions, recommendations, or analysis whether as a result of new information, future events, or otherwise.