A number of U.S. companies have begun issuing annual corporate sustainability reports detailing their goals for social responsibility, reporting their environmental metrics and educating investors about the increasingly important role that sustainability plays in their business operations. These reports run the gamut, from financial companies to consumer packaged goods companies.
One major packaging company, Ball Corp., released their second sustainability report in late June. Ball, with reported 2009 sales of more than $7.3 billion, is a supplier of packaging for beverage, food and household products, as well as aerospace products and other services.
“Sustainability is connected directly to creating value for our stakeholders and for Ball,” said R. David Hoover, Ball’s chairman and chief executive officer. “Our second sustainability report and expanded online sustainability reporting provide details on the progress we have made over the past two years.”
Ball initiated a sustainability analysis with key stakeholders in 2009 to help determine the company’s sustainability priorities.
In the report, Ball also admits sustainability challenges the company faced in 2009. These included plant closures to align supply and demand, controversy over the use of Bisphenol-A in can coatings, and a delay in the full conversion to using a can end (CDL) that uses less aluminum. Ball expects to complete the CDL project in 2011.
The report also is sprinkled with a number of recent sustainability project case studies undertaken by the company.
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