BALL Corporation has launched its new Climate Transition Plan which the company said outlines its pathway into a ‘fully circular and decarbonised’ business.
The plan was released alongside Ball’s 2022 Combined Report which details the firm’s commitment to environmental, social, and economic sustainability, as well as progress against its 2030 product stewardship and social impact goals.
Ball revealed its Climate Transition Plan offers a ‘transparent, robust, and science-based decarbonisation plan’ inspired by latest UN guidelines.
With a focus on critical emissions reductions by 2030, and additional milestones by 2050 or earlier, the plan includes three ‘technically feasible and economically viable’ scenarios that account for a degree of uncertainty and the potential for change along the journey.
It also details how Ball is aligning its commitments with action, which include its efforts to mobilise the industry’s value chain as a founding member of the World Economic Forum’s First Movers Coalition and advocating for policies that will accelerate decarbonisation.
Dan Fisher, president and CEO of Ball Corporation, explained, “As a global company with a 143-year history, Ball has the expertise and resources required to navigate uncertainty and deliver ongoing value for our employees, customers, communities and shareholders.
“The details shared in our 2022 combined report and Climate Transition Plan demonstrate our commitment to driving innovation and operational excellence across our global aluminium packaging and aerospace businesses. With sustainability as our continued focus, we have a bright future ahead.”