Ball Listed on Dow Jones Sustainability Indices for Sixth Consecutive Year
September 14, 2018
BROOMFIELD, Colo., Sept. 14, 2018 /PRNewswire/ -- Ball Corporation (NYSE: BLL) is listed on the 2018 Dow Jones Sustainability Indices World and North America for the sixth year in a row, further validating its progress in making the can the most sustainable package.
"Packaging is critical to delivering consumer products safely, conveniently and in good condition. And cans truly are the most sustainable package—economically and environmentally—relative to glass, plastic and other substrates, enabling a circular economy," said John A. Hayes, chairman, president and chief executive officer. "We are making meaningful progress in implementing sustainable business practices, further enhancing the sustainability credentials of metal packaging along the value chain, and transitioning to a low carbon economy, including our recently announced science-based greenhouse gas emission reduction target."
Ball achieved industry leading scores once again on criteria such as product stewardship, occupational health and safety, codes of business conduct and environmental reporting, emphasizing the importance of our 2018 sustainability report, which was published in August.
The results of the annual DJSI review were announced today by S&P Dow Jones Indices and RobecoSAM, an investment specialist focused exclusively on sustainability investing. The assessment is based on an extensive review of financially material economic, environmental and social factors. The assessment methodology is adapted each year to better reflect recent trends in corporate sustainability management and capture the sustainability performance of companies.
Ball also is included in the MSCI World ESG Leaders Index, the Euronext Vigeo US 50 and World 120 indexes and has been listed on the FTSE4Good index since 2009.
For more information on Ball's sustainability efforts and its recently published 2018 sustainability report, please visit www.ball.com/sustainability.
About Ball Corporation
Ball Corporation supplies innovative, sustainable packaging solutions for beverage, personal care 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 17,500 people worldwide and 2017 net sales were $11 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; changes in foreign exchange or tax rates, including due to the effects of the 2017 U.S. Tax Cuts and Jobs Act; and tariffs or other governmental actions in any country affecting goods produced by us or in our supply chain, including imported raw materials, such as pursuant to section 232 of the U.S. Trade Expansion Act of 1962; 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 joint ventures, 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