India, February 09, 2022: Ball Beverage Packaging India, a leading producer of infinitely recyclable aluminum beverage cans, today announced that it has earned Aluminium Stewardship Initiative (ASI) certifications for its beverage can manufacturing plants in Taloja, Maharashtra and Sri City, Andhra Pradesh. The certification, a first in India, indicates that Ball has met ASI’s rigorous environmental, social and governance principles.
ASI is a multi-stakeholder initiative that provides assurance of responsible production, sourcing and stewardship of aluminium throughout its value chain. Ball’s facilities in Taloja and Sri City join a growing list of Ball’s can making plants that have been certified, starting with all of its EMEA plants in 2020 and extending to its first South American plants in 2021.
Commenting on the ASI certification for India, Mr. Amit Lahoti, Senior Director and General Manager, Ball Beverage Packaging, Asia said "The ASI certification demonstrates our commitment to sustainability and enables our customers to embrace certified responsible sourcing practises for aluminium. By continuously evaluating and improving the aluminium supply chain, ASI certification will help India to achieve its carbon reduction targets, to develop a truly circular economy, and to respond to the growing demand from consumers for sustainable packaging.”
The Aluminium Stewardship Initiative’s scheme aims to do for aluminium what the Forest Stewardship Council (FSC) did for paper and wood, making sustainability performance a mainstream, visible issue. Ball’s plants in India have achieved both ASI’s Performance, and Chain of Custody (CoC) Standard certifications.
The ASI Performance Standard is a measure of how much effort Ball is making across its plants to assess, manage and disclose its environmental, social and governance impacts. These include issues such as life-cycle thinking, recycling, greenhouse gas emissions, water and waste management, biodiversity, business integrity and the human rights of both workers and local communities.
The ASI CoC Standrd sets out requirements for the creation of a Chain of Custody for material that is produced and processed through the value chain. In Ball’s case, it links verified practices – certified under the ASI Performance Standard – from mining and remelting to casting, rolling, can manufacturing and filling.
With 75% of aluminium ever produced still in use today around the world, aluminium has a vital role in creating a truly circular economy. Aluminum cans are the world’s most recycled beverage package, with recycled metal saving 95% of the energy compared to the production of virgin aluminium. Ball is partnering with like-minded organisations in India to increase the collection of used beverage cans and initiate the best methods, policies and actions to achieve a fully circular aluminium beverage packaging system.
About Ball Beverage Packaging India
Pvt Ltd
Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 21,500 people worldwide and reported 2020 net sales of $11.8 billion.
In India, Ball has three state-of-the-art facilities: two beverage can facilities in Taloja in Maharashtra and Sri City in Andhra Pradesh, and one aerosol packaging facility in Ahmedabad in Gujarat. Beyond the Indian market, these three plants cater to the markets in the ASEAN, middle-east and Africa regions.
About ASI
The Aluminium Stewardship Initiative (ASI) is a global, multi-stakeholder, non-profit standards setting and certification organisation. It is the result of producers, users and stakeholders in the aluminium value chain coming together with a commitment to maximising the contribution of aluminium to a sustainable society.
ASI’s objectives are to:
·
To define
globally applicable standards for sustainability performance and material
chain-of-custody for the aluminium value chain
·
To promote
measurable and continual improvements in the key environmental, social and
governance impacts of aluminium production, use and recycling
·
To develop a
credible assurance and certification system that both mitigates the risks of
non-conformity with ASI standards and minimises barriers to broad scale
implementation
· To become and remain a globally valued organisation advancing programs for sustainability in the aluminium value chain, which is financially self-sustaining and inclusive of stakeholder interests.
and any such statements should be read
in conjunction with, and, qualified in their entirety by, the cautionary
statements referenced below. 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 factors, risks and uncertainties
that could cause actual outcomes and results to be different are summarized in
filings with the Securities and Exchange Commission, including Exhibit 99 in
our Form 10-K, which are available on our website and at www.sec.gov. Additional factors that might affect: a) our packaging segments
include product capacity, supply, and demand constraints and fluctuations;
availability/cost of raw materials and logistics; competitive packaging,
pricing and substitution; changes in climate and weather; footprint adjustments
and other manufacturing changes, including the start-up of new facilities and
lines; failure to achieve synergies, productivity improvements or cost
reductions; mandatory deposit or other restrictive packaging laws; customer and
supplier consolidation; power and supply chain interruptions, including due to
disease outbreaks; potential delays and tariffs related to the U.K's departure
from the EU; changes in major customer or supplier contracts or a loss of a
major customer or supplier; political instability and sanctions; currency
controls; changes in foreign exchange or tax rates; and tariffs, trade actions,
or other governmental actions in any country affecting goods produced by us or
in our supply chain, including imported raw materials, such as pursuant to
Section 232 of the U.S. Trade Expansion Act of 1962 or Section 301 of Trade Act
of 1974; b) our aerospace segment include funding, authorization, availability
and returns of government and commercial contracts; and delays, extensions and
technical uncertainties affecting segment contracts; c) the company as a whole
include those listed plus: the extent to which sustainability-related opportunities
arise and can be capitalized upon; changes in senior management, succession,
and the ability to attract and retain skilled labor; regulatory action or
issues including tax, environmental, health and workplace safety, including
U.S. FDA and other actions or public concerns affecting products filled in our
containers, or chemicals or substances used in raw materials or in the
manufacturing process; technological developments and innovations; information
technology initiatives and management of cyber-security processes; litigation;
strikes; disease; labor cost changes; rates of return on assets of the
company's defined benefit retirement plans; pension changes; uncertainties
surrounding geopolitical events and governmental policies both in the U.S. and
in other countries, including the U.S. government elections, budget,
sequestration and debt limit; reduced cash flow; interest rates affecting our
debt; and successful or unsuccessful joint ventures, acquisitions and
divestitures.
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