March 29, 2024

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Ball Company Announces New Sustainability Goals, Shares Eyesight to Reach a Round Financial state for Aluminum Beverage Packaging

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WESTMINSTER, Colo., June 29, 2021 /PRNewswire/ — Ball Corporation (NYSE: BLL), just one of the world’s main suppliers of sustainable aluminum packaging and aerospace systems, now declared 2030 sustainability plans centered on improving solution stewardship and social affect to produce worth for stakeholders, jointly with a vision for how marketplace companions can collaborate to attain a absolutely round aluminum beverage packaging method.

Ball’s new worldwide sustainability plans, which will generate overall performance throughout the everyday living cycle of its goods, involve a determination to accomplishing web zero carbon emissions right before 2050 and transitioning to 100% renewable electric power by 2030. The targets also include things like making certain all aluminum is acquired from certified sustainable resources and changing 80% of Ball’s international beverage can volumes to its light-weight STARcan layouts.

Complementing the company’s longstanding ESG systems, Ball is growing its disclosure of present D&I and social systems with specific 2025 targets for each individual region and company. For illustration, Ball Beverage Packaging South The usa has committed to raising the proportion of non-white employees in new hires from 31% to 47%, and Ball Beverage Packaging EMEA plans to enhance illustration of ladies in producing roles by accomplishing a 25% recruitment charge of girls for these positions.

In addition to its sustainability aims, Ball also shared ‘Toward A Excellent Circle,’ an business vision which sets out how, by operating jointly, beverage brands, merchants, and aluminum beverage packaging companies and their suppliers could make aluminum cans, bottles and cups – the world’s most recycled beverage containers –surpass a 90% recycling level from today’s amount of 69% and improve the global average recycled content material rate to as a great deal as 85%. Currently, recycled aluminum uses only 5% of the energy compared to utilizing virgin materials, and recycled cans have the possible to be back on the shelf in as tiny as 60 times.

To achieve this eyesight, Ball will push multi-stakeholder motion that incorporates developing a low-carbon roadmap for the aluminum beverage packaging sector. The company will also advocate for financial investment in infrastructure and know-how to assist a much more productive and efficient recycling method in the areas where it operates. Ball will function with companions to publish this multi-region recycling roadmap and carbon pathway program inside the next 12 months.  

“As a entire world-major company of aluminum beverage packaging, Ball has a duty to our stakeholders and the planet to make improvements to the environmental functionality, social influence and economic returns of our enterprise and choose a foremost purpose in driving field-large options to the local weather disaster,” reported John A. Hayes, chairman and CEO of Ball. “Our buyers are in search of lower-carbon and truly circular packaging alternatives as they operate to satisfy internet zero targets and fulfill increasing consumer demand from customers for sustainable merchandise. Infinitely recyclable aluminum cans, cups and bottles are the resolution. We appear ahead to even further boosting our items and developing an sector-wide circularity roadmap in collaboration with our companions.”

Ball will be participating with vital stakeholders throughout the aluminum beverage packaging sector to produce and boost the very best approaches, procedures and steps to obtain a fully circular aluminum beverage packaging technique.

“Ball is taking part in an important function leading the sector in direction of a much better globe. Surpassing a 90% recycling fee and 85% in recycled content will involve teamwork across the sector and can have a phenomenal effects for our world. We are also thrilled to see commitments Ball designed in their sustainability objectives which also support a route towards net zero carbon. All these aims are deeply aligned with our vision and will have all of our assistance to come to be a reality.” Felipe Baruque, Vice President, World-wide Procurement & Sustainability Packaging, Anheuser-Busch InBev

“As the world’s biggest recycler of aluminum, Novelis is very pleased to lover with Ball to progress a shared vision for sustainable aluminum beverage packaging and guidance their efforts to foster much more prolonged-phrase business collaboration. Acquiring not too long ago introduced our personal formidable sustainability targets to come to be a net carbon-neutral business by 2050 or quicker and reduce our carbon footprint 30 p.c by 2026, we are committed to doing the job jointly with Ball and other associates of the worth chain to proceed to expand the use of lightweight, infinitely recyclable aluminum to reach a more circular financial state.”  – Steve Fisher, CEO Novelis Inc.

“Nowadays with our own 4. systems, BeyondAlea®, our aluminum recycling furnaces are previously ready get substantial steel yields with least electricity in fully automated plants. As a leading designer and manufacturer of aluminum recycling technologies, we welcome Ball’s round ambitions and we are all set to assist the industry towards the circularity transition in the direction of 2030.” – José Domingo Berasategui, Handling Director, GHI

“It really is time for governments to lay the authorized framework for effective assortment and genuine recycling. The aim should be on quantity gathered with the best high quality to conveniently permit circular methods – packaging with quite a few lives – reusable and recyclable. The cumulative advantages from round devices, like deposit return, imply much less litter and carbon emissions more valuable methods for nearby recyclers which implies extra work opportunities and providing producers the opportunity to involve huge quantities of recycled material in their new packaging.”  – Clarissa Moriawski, CEO and Co-founder, ReLoop

“TOMRA’s systems aid to travel deposit return systems by creating beverage container redemption uncomplicated for people, while cutting down expenditures in a shared-mission to accomplish extra than 90% selection and remarkable content good quality that enables utilized containers to be turned into new containers in excess of and more than yet again. With the right recycling policies, it is attainable to obtain these significant degrees of circularity. We are pleased to work with Ball and associates throughout the marketplace towards higher sustainability in beverage packaging, now and in the potential.” Chuck Riegle, Senior Vice President, Governmental Affairs & DRS Compliance, TOMRA Methods ASA

For more facts about Ball’s sustainability plans – like its motivation to product stewardship, local climate management, diversity and inclusion and lengthy-phrase financial price development – you should pay a visit to Ball’s web page.

About Ball Corporation
Ball Company provides innovative, sustainable aluminum packaging methods for beverage, own treatment and household solutions buyers, as nicely as aerospace and other technologies and companies principally for the U.S. federal government. Ball Company and its subsidiaries make use of 21,500 folks worldwide and described 2020 web income of $11.8 billion. For far more information and facts, visit www.ball.com, or connect with us on Fb or Twitter.

Ahead-On the lookout Statements
This release incorporates “forward-looking” statements concerning long run events and economic overall performance. Text this kind of as “expects,” “anticipates,” “estimates,” “thinks,” and identical expressions normally recognize forward-looking statements, which are typically any statements other than statements of historic reality. These types of statements are based mostly on present anticipations or views of the long run and are issue to risks and uncertainties, which could cause real effects or events to vary materially from these expressed or implied. You need to therefore not position undue reliance upon any ahead-searching statements and any this sort of statements really should be read in conjunction with, and certified in their entirety by, the cautionary statements referenced under. The Company undertakes no obligation to publicly update or revise any ahead-looking statements, regardless of whether as a final result of new info, future functions or if not. Critical factors, dangers and uncertainties that could lead to actual outcomes and effects to be distinctive are summarized in filings with the Securities and Trade Commission, together with Exhibit 99 in our Form 10-K, which are obtainable on our internet site and at www.sec.gov. More elements that may well have an effect on: a) our packaging segments consist of product or service capacity, supply, and desire constraints and fluctuations and improvements in intake patterns availability/value of raw supplies, gear, and logistics competitive packaging, pricing and substitution modifications in weather and weather conditions footprint changes and other production variations, together with the startup of new facilities and traces failure to reach synergies, efficiency enhancements or expense reductions unfavorable required deposit or packaging regulations purchaser and supplier consolidation electricity and supply chain interruptions improvements in significant purchaser or supplier contracts or reduction of a big purchaser or provider political instability and sanctions currency controls alterations in international exchange or tax fees and tariffs, trade steps, or other governmental actions, like enterprise limits and shelter-in-place orders in any state or jurisdiction impacting items produced by us or in our supply chain, such as imported uncooked components b) our aerospace phase contain funding, authorization, availability and returns of authorities and commercial contracts and delays, extensions and technological uncertainties affecting segment contracts c) the Firm as a complete involve these outlined higher than moreover: the extent to which sustainability-similar options occur and can be capitalized on modifications in senior management, succession, and the means to draw in and retain qualified labor regulatory action or challenges together with tax, environmental, wellbeing and office safety, like U.S. Fda and other steps or community worries influencing solutions loaded in our containers, or chemicals or substances utilised in raw products or in the production procedure technological developments and improvements the capability to deal with cyber threats litigation strikes illness pandemic labor value adjustments premiums of return on property of the Company’s described gain retirement plans pension adjustments uncertainties surrounding geopolitical activities and governmental procedures the two in the U.S. and in other nations, such as procedures, orders, and steps connected to COVID-19 lowered hard cash move interest costs impacting our financial debt and effective or unsuccessful joint ventures, acquisitions and divestitures, and their results on our functioning final results and organization generally.

Supply Ball Corporation

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