GlobalData offers a comprehensive analysis of Ball, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Ball‘s ESG performance. GlobalData’s company profile on Ball offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Ball, a global packaging company, has committed to achieving net zero emissions by 2050, focusing on collaboration, innovation, and advocacy. The company emphasizes the significance of a low-carbon, high-circular aluminum packaging system. Ball recognizes that the transition to net zero will require incremental innovation and the dissemination of best practices. In 2022, the company reported GHG emissions, with Scope 1 at 449,608 metric tons CO2e, Scope 2 at 529,296 metric tons CO2e, and Scope 3 at 12,145,533 metric tons CO2e.
The company acknowledges that low-carbon primary aluminum may come at a price, but a balanced supply-demand outlook for 2030 should limit low-carbon premiums. Ball is exploring the economic case for change and plans to include a detailed account of its marginal carbon abatement costs in its next climate transition plan. The company asserts that its net-zero pathway is economically sound. It aims for a 55% reduction in absolute Scope 1 and 2 greenhouse gas emissions from 2017 to 2030 and strives for a similar reduction in absolute Scope 3 greenhouse gas emissions within the same timeframe. Additionally, the company aims to achieve 100% renewable electricity globally by 2030, with an interim target of reaching 75% by 2025.
Ball has already taken steps to reduce emissions and promote sustainability. It advocates for ambitious recycling policy frameworks and supports initiatives that improve the collection, sorting, and recycling rate of aluminum packaging. The company is a member of various organizations focused on advancing circularity and promoting aluminum recycling. It also advocates for the acceleration of investments in renewables and the decarbonization of the grid.
In conclusion, Ball is committed to achieving net-zero emissions and promoting a low-carbon, high-circular aluminum packaging system. The company recognizes the importance of collaboration, innovation, and advocacy in building net-zero circular systems. Ball is actively taking steps to reduce its environmental impact and support sustainability initiatives.
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