Ball Corporation supplies metal and glass packaging and containers to the beverage, food, personal care and household products industries. The company also operates an aerospace division that produces spacecraft, instruments and sensors, radio frequency systems and components, data exploitation solutions and more. Headquartered in Broomfield, Colorado, Ball Corporation has roughly 19,000 employees and is the largest can manufacturer in the world.
Ball Corporation has committed to manufacturing container products that utilize sustainable innovations and enable consumers to have a reduced footprint. Today, the company’s cans have maximized weight reduction and are designed for cubic efficiency in order to optimize transport. Additionally, Ball Corporation primarily utilizes recyclable materials such as aluminum and steel that require less energy when compared to extracting and manufacturing virgin materials. The company is a member of numerous international industry groups aimed at improving collection systems and increasing the amount of recyclable materials for future production use. Ball Corporation also manufactures aerospace instruments that help collect and transmit environmental data and improve understanding of climate change. In order to manage its footprint from operations, the company has reduced its CO2 emissions 10% since 2010 and is on pace to meet its goal of a 25% reduction by 2020. After a recent merger, Ball Corporation is in the process of establishing baseline metrics for its electricity, natural gas, waste and water usages and will soon set mid and long-term reduction targets.
Ball Corporation uses Bisphenol-A (BPA) as an epoxy coating for its metal cans, citing research saying that the chemical is safe in small amounts. The company is working to evaluate potential substitutes. Ball Corporation has also been fined for repeated safety violations.
Country: United States
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.