Ball Corporation Receives Sustainability Reporting Award
April 06 2009 - 10:00AM
PR Newswire (US)
BROOMFIELD, Colo., April 6 /PRNewswire-FirstCall/ -- Ceres and the
Association of Chartered Certified Accountants (ACCA) have selected
Ball Corporation (NYSE:BLL) as a co-winner for the Best First Time
Reporter Award for sustainability reporting in the 2009 Ceres-ACCA
North American Sustainability Awards. Ball is the first packaging
and first aerospace company to receive this distinction. Ball
published its first sustainability report in June 2008. The company
received the award for its comprehensive approach to
sustainability, demonstrated commitment to stakeholder engagement
and the company's strategy for producing sustainable packaging and
supporting recycling. For more about the award, go to
http://www.ceres.org/reportingawards. "Our sustainability report
was an important step in our efforts to become a more sustainable
enterprise," said R. David Hoover, Ball's chairman, president and
chief executive officer. "Being selected to receive the Ceres-ACCA
award confirms we are on the right track and further encourages us
in our sustainability efforts." Ball will update stakeholders on
the company's progress in its next sustainability report, scheduled
for release in May 2010. The annual Ceres-ACCA awards program is
designed to highlight best practices in reporting on sustainability
issues by North America-based organizations, and to provide
guidance to other groups and companies that are publishing or
intend to publish sustainability or corporate social responsibility
reports. The awards acknowledge exemplary disclosure that places
performance in the broader context of sustainability challenges,
risks and opportunities. The judging criteria address completeness,
credibility and quality of communication. The panel of 11 judges
included leaders and experts representing a broad spectrum of
backgrounds in the nonprofit, corporate and investment worlds.
Ceres is the leading U.S. network of investors, environmental
groups and other public interest organizations working with
companies to address sustainability challenges. The Association of
Chartered Certified Accountants (ACCA) has promoted transparency in
reporting the impact of business activities on sustainable
development through its sustainability awards program since 1991,
and is involved in reporting awards in more than 20 countries
around the world. Ball Corporation is a supplier of high-quality
metal and plastic packaging for beverage, food and household
products customers, and of aerospace and other technologies and
services, primarily for the U.S. government. Ball Corporation and
its subsidiaries employ more than 14,000 people worldwide and
reported 2008 sales of approximately $7.6 billion. For the latest
Ball news and for other company information, please visit
http://www.ball.com/. Forward-Looking Statements This release
contains "forward-looking" statements concerning future events and
financial performance. Words such as "expects," "anticipates,"
"estimates" and similar expressions are intended to identify
forward-looking statements. Such statements are subject to risks
and uncertainties which could cause actual results to differ
materially from those expressed or implied. The company undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2
in our Form 10-K, which are available at our Web site and at
http://www.sec.gov/. Factors that might affect our packaging
segments include fluctuation in product demand and preferences;
availability and cost of raw materials; competitive packaging
availability, pricing and substitution; changes in climate and
weather; crop yields; competitive activity; failure to achieve
anticipated productivity improvements or production cost
reductions, including our beverage can end project; mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries. Factors that might affect our
aerospace segment include: funding, authorization, availability and
returns of government and commercial contracts; and delays,
extensions and technical uncertainties affecting segment contracts.
Factors that might affect the company as a whole include those
listed plus: accounting changes; changes in senior management; the
current global credit squeeze and its effects on liquidity, credit
risk, asset values and the economy; successful or unsuccessful
acquisitions, joint ventures or divestitures; integration of
recently acquired businesses; regulatory action or laws including
tax, environmental, health and workplace safety, including in
respect of chemicals or substances used in raw materials or in the
manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust,
patent and other litigation; strikes; labor cost changes; rates of
return projected and earned on assets of the company's defined
benefit retirement plans; pension changes; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects. DATASOURCE: Ball
Corporation CONTACT: investors, Ann T. Scott, +1-303-460-3537, , or
media, Scott McCarty, +1-303-460-2103, , both of Ball Corporation
Web Site: http://www.ball.com/
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