Ball Corporation

Containers & Packaging
BLL
$ 69 (3.4)%
Share price
$ 22 bn
Market Cap
$ 32 bn
Enterprise Value

Carbon footprint

28 Ton
GHG emissions per $ 1 mln investment
0.76x the weighted average for S&P 500
FY2021
How is this calculated?
-17%
YOY change in GHG emissions
Weaker than the +4.2% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Ball Corporation aims to reduce Scope 1 + 2 by 55% by 2030 from a base year 2017


1.5°C
Ball Corporation's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2022
How is this calculated?

Ball Corporation aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Ball Corporation's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Ball Corporation's GHG emissions (market-based) (Kt of CO2e)
Ball Corporation's Carbon intensity (Tons per 1 USDm)

Ball Corporation's carbon footprint

Ball Corporation reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 912 Kt (-185 /-16.9% y-o-y). At the same time, carbon intensity increased to 106 t (+5.1/+5.1% y-o-y).

Ball Corporation's Scope 3 emissions surged to 11,877 Kt (+1,872/+19% y-o-y). The growth accelerated relative to the long-term trend (+6.2% CAGR) observed since 4Q'17.

The company is committed to reducing Scope 1 + 2 by 55% by 2030 from a base year 2017, which translates into the estimated reduction of -41 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -441 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 16% by 2030 from a base year 2017, which translates into the estimated reduction of -501 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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