Consumer Discretionary
Ball Corporation (BALL)
Data as of July 13, 2026
Environment story
Ball's environmental score reflects moderate sustainability practices with room for improvement. The company lacks disclosed Scope 3 emissions data and has not committed to a net-zero target year before 2045, triggering mandatory deductions. While Ball identifies climate-related risks and has initiated renewable energy procurement and PFAS-free coating conversions, these efforts remain incremental. No major environmental controversies or fines are documented in the source materials. The absence of disclosed operational carbon-reduction infrastructure investments (beyond renewable purchasing) and unspecified supply-chain emissions limit the score. Greenwashing risks are moderate: renewable energy buying is mentioned but Scope 3 transparency and offsets-vs.-operational-reductions breakdown are unclear.
Criticisms on file
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Undisclosed Scope 3 Emissions and Missing Net-Zero Target DateSource: BALL_10k.txt Risk Factors and MD&A; no net-zero year or Scope 3 data disclosed in materials.
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Hazardous Waste Site LiabilitySource: BALL_10k.txt Risk Factors: 'We have been designated, along with numerous other companies, as a potentially responsible party for the clean-up of several hazardous waste sites.'
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PFAS Regulatory Risk Requiring Ongoing Compliance CostsSource: BALL_10k.txt Risk Factors: 'Various U.S. states have passed or are contemplating legislation restricting...the use of materials that contain intentionally added per- and polyfluoroalkyl substances (PFAS).'
Disclosed initiatives
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Renewable Energy ProcurementCompany states it strives to mitigate environmental risks through purchase of renewable energy and adoption of sustainable practices.Scope 2 emissions reduction potential; magnitude unknown.
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PFAS-Free Coating ConversionWorking with suppliers to remove PFAS-containing coatings from products to comply with state and EU restrictions.Regulatory compliance; reduces chemical hazard exposure.
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Sustainability Leadership PositioningCompany positions itself as a sustainability leader in the aluminum packaging industry.Strategic positioning; operational impact unclear.
Social story
Ball's social score reflects moderate performance on labor relations and diversity, with notable union presence and generally positive employee-relations statements. The company reports 20% of North American and 33% of European employees are covered by collective bargaining agreements with staggered expirations. CEO-to-worker pay ratio is not disclosed in proxy materials; without this data, no deduction is applied. Leadership diversity data are not quantified in the provided materials. Supply-chain ethics audits and human-rights policies are not detailed. The company acknowledges retention risks for key personnel and has experienced labor-related uncertainties. No major strikes or documented union-suppression activities are reported in the 24-month window, though the proxy notes the company cannot ensure new labor agreements will be reached without union action.
Criticisms on file
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Collective Bargaining Agreement Renewal UncertaintySource: BALL_10k.txt Risk Factors: 'These collective bargaining agreements have staggered expirations during the next several years... we cannot ensure that upon the expiration of existing collective bargaining agreements, new agreements will be reached without union action.'
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No Disclosed CEO-to-Worker Pay Ratio or Leadership Diversity MetricsSource: BALL_proxy.txt and BALL_10k.txt: CEO and worker compensation data not fully disclosed in provided materials; leadership diversity percentages not quantified.
Disclosed initiatives
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Employee Retention & Succession PlanningCompany acknowledges need for succession planning and compensation planning for key management to reduce turnover risk.Strategic retention focus; specific metrics not disclosed.
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Global Workforce ManagementCompany operates 65 manufacturing plants employing approximately 16,000 employees worldwide.Scale of operations; diversity and pay equity practices not detailed in materials.
Governance story
Ball's governance score reflects strong board independence and structural oversight, with 8 of 9 director nominees being independent (89% independence, exceeding 75% threshold). The company has a single-class share structure (no dual-class supermajority voting risk). Board committees are fully independent. The company recently split the CEO and Board Chair roles, with Ronald J. Lewis as CEO and Stuart A. Taylor II as Board Chair as of November 2025. No material weaknesses in internal controls over financial reporting were identified as of December 31, 2025. Lobbying expenditures and antitrust/regulatory proceedings are not disclosed in detail; no active climate-deregulation or consumer-protection rollback lobbying is documented in the materials. PricewaterhouseCoopers LLP has served as auditor for many years with regular partner rotation. No major governance controversies (e.g., shareholder litigation, SEC enforcement actions) are reported in the filings.
Criticisms on file
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Tariff Classification and Customs DisputeSource: BALL_10k.txt MD&A Risk Factors: 'In September 2025, we received notice from the U.S. Customs and Border Protection challenging the tariff classification and applicable rate of duty of certain aluminum imports asserting additional duties and tariffs are payable.'
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Debt Covenant and Capital Allocation RiskSource: BALL_10k.txt Risk Factors: Company had $7.01 billion of debt at December 31, 2025, with covenant restrictions limiting flexibility on acquisitions, financing, and dividends.
Disclosed initiatives
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Board Independence and OversightBoard comprises 9 directors, 8 independent. Four standing committees (Audit, Finance, Human Resources, Nominating/Corporate Governance), all chaired by independent directors. Nonmanagement and independent directors meet separately in executive sessions.Strong governance structure limiting CEO/management dominance.
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CEO and Chair Role SeparationEffective November 10, 2025, CEO role (Ronald J. Lewis) separated from Board Chair role (Stuart A. Taylor II).Enhanced checks and balances; improved governance separation of powers.
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Internal Control AssessmentAs of December 31, 2025, company reports no material weaknesses in internal control over financial reporting.Financial reporting integrity maintained.
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Director Compensation and Stock Ownership GuidelinesNon-employee directors subject to stock ownership guidelines; director compensation benchmarked to market.Alignment of director interests with shareholders.
These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Ball Corporation. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Ball Corporation in the app for interactive charts and portfolio building.
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