Ball Corporation

Ball Corporation reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 912 Kt (-201 /-18.1% 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.