) has released its updated sustainability report, which reveals
that it has made significant progress in its greenhouse gas
emission and waste reduction efforts.
In recent times, Ball has made concerted efforts to embed
sustainability within its operations and the entire supply chain.
Its focus on sustainability will help it achieve its long-term
Sustainability report, which serves as a benchmark to evaluate
Ball's performance along with its production efficiency, spoilage
rates, quality control figures, environmental, health and safety
statistics and asset utilization rates, also maintains economic,
environmental and social impacts of the company.
Ball revealed the biennial sustainability report in early 2012.
According to the report, Ball achieved about 4.8% reduction of
its Climate Intensity Index, a noteworthy step toward its 2015
greenhouse gas emission reduction goal of 10%.
The company increased energy efficiency by around 5% in its
global beverage, food and aerosol can businesses and by 19% in
its aerospace business. Ball reduced energy consumption in its
slug business by 11%. The company also joined the Aluminum
Stewardship Initiative, to foster responsible resource management
throughout its value chain.
Broomfield, Colo.-based Ball Corp., which belongs to the
containers and packaging industry along with
Crown Holdings Inc.
Mobile Mini, Inc.
), reported first-quarter 2013 adjusted earnings of 58 cents per
share, an 8% decline from the year-ago adjusted earnings of 63
cents per share. The results also fell short of the Zacks
Consensus Estimate of 64 cents.
Ball Corp. is the largest manufacturer of beverage cans in North
America. It also supplies aerospace and other technologies and
offers services to government and commercial customers.
Ball Corp. currently retains a short-term Zacks Rank #4 (Sell).
BALL CORP (BLL): Free Stock Analysis Report
CROWN HLDGS INC (CCK): Free Stock Analysis
GREIF INC (GEF): Free Stock Analysis Report
MOBILE MINI INC (MINI): Free Stock Analysis
To read this article on Zacks.com click here.