Written on: March 20, 2023 by SprayTM
Ball Corporation has released its Climate Transition Plan, which outlines the company’s pathway to become a fully circular and decarbonized business. The plan was released alongside Ball’s 2022 Combined Report, which details the company’s commitment to environmental, social and economic sustainability, as well as progress against its 2030 product stewardship and social impact goals.
“The details shared in our 2022 combined report and Climate Transition Plan demonstrate our commitment to driving innovation and operational excellence across our global aluminum packaging and aerospace businesses,” said Dan Fisher, President & CEO.
Ball’s science-based Climate Transition Plan was inspired by the latest United Nations guidelines and its call for corporations to ground net zero commitments in real emissions cuts. With a focus on critical emissions reductions by 2030, and additional milestones by 2050 or earlier, Ball’s plan includes three scenarios and also details how the company is aligning its commitments with action, such as its efforts to mobilize 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 decarbonization.
“The fight to keep the 1.5-degree limit alive will be won or lost in this decade so our focus has been on achieving 55% reductions by 2030 with existing commercial technologies and applying best practice policies,” said Ramon Arratia, Chief Sustainability Officer of Ball Corporation.
“Ball’s Climate Transition Plan will help our customers achieve their scope 3 emissions targets,” he added.
“Strong collaboration with customers and suppliers across the value chain will be needed as well as joint policy advocacy for high circularity,” Arratia said.
For the full Climate Transition Plan, visit www.ball.com/sustainability.