Ball Maintains Leadership Position on Dow Jones Sustainability Index for Fifth Consecutive Year
September 07, 2017
BROOMFIELD, Colo., Sept. 7, 2017 /PRNewswire/ -- For the fifth consecutive year, Ball Corporation (NYSE: BLL) is listed on the Dow Jones Sustainability Index World (DJSI World) and Dow Jones Sustainability Index North America (DJSI NA) as the industry leader in sustainability among container and packaging companies.
S&P Dow Jones Indices (S&P DJI), one of the world's leading index providers, and RobecoSAM, an investment specialist focused exclusively on Sustainability Investing, today announced the results of the annual Dow Jones Sustainability Indices (DJSI) review.
"As a global manufacturing leader, sustainability is critical to our long-term success and we are committed to continually improving our performance from an economic, environmental and social perspective to maintain our license to operate," said John A. Hayes, chairman, president and CEO. "This is the first time in which our larger, more global company was assessed as a whole, and we are pleased with the progress that our facilities and employees have made to ensure that metal beverage, aerosol and food cans remain the most sustainable choice in the value chain. We have gained incredible momentum over the past year and look forward to the many opportunities ahead of us."
Launched in 1999, the DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM's analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P DJI's robust index methodology. Every year, RobecoSAM assesses the world's largest companies via its Corporate Sustainability Assessment (CSA), which uses a consistent, rules-based methodology to convert an average of 600 data points per company into one overall score. This score determines inclusion in the DJSI.
Ball achieved industry leading scores in all three dimensions (economic, environmental and social). Highlights include:
- A perfect score in Product Stewardship, where the company was assessed on product design and innovation, the use of life cycle assessments and the sustainability credentials of its products, among other criteria.
- A top score on Occupational Health & Safety, reinforcing Ball's commitment to maintaining a safe and healthy work environment, emphasis on improving safety performance and pursuit of its long-term vision of zero work-related incidents.
- A leading score on Labor Practice Indicators, supported by Ball's talent management practices and data, which connect to the company's dedication to selecting, developing, retaining and engaging its workforce, and providing them with opportunities to thrive.
Various other third parties have consistently recognized Ball's sustainability achievements over the past decade. Ball has been listed on the international FTSE4Good index for eight consecutive years and is included in the MSCI Global Sustainability Indexes, the Euronext Vigeo US 50 index and the Euronext Vigeo World 120 index.
For more information on Ball's sustainability efforts and an overview of all external assessments, 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 18,450 people worldwide and 2016 net sales were $9.1 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," "believes," "targets," "likely" 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 of 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 demand fluctuations; availability/cost of raw materials; competitive packaging, pricing and substitution; changes in climate and weather; competitive activity; failure to achieve synergies, productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; customer and supplier consolidation, power and supply chain influence; changes in major customer or supplier contracts or a loss of a major customer or supplier; political instability and sanctions; currency controls; 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; 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 geopolitical events and governmental policies both in the U.S. and in other countries, including the U.S. government elections, budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives and synergies; interest rates affecting our debt; and successful or unsuccessful acquisitions and divestitures, including with respect to the Rexam PLC acquisition and its integration, or the associated divestiture; the effect of the acquisition or the divestiture on our business relationships, operating results and business generally.
SOURCE Ball Corporation