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Peabody Energy Launches Interactive 2011 Corporate and Social Responsibility Report
Peabody Energy Launches Interactive 2011 Corporate and Social Responsibility Report
Published 08-14-12
Submitted by Peabody Energy
Peabody Energy (NYSE:BTU) today released its 2011 Corporate and Social Responsibility Report highlighting the company’s record safety performance, commitment to its communities, approach to environmental stewardship and corporate governance practices.
The report – available at PeabodyEnergy.com/Media/CSR2012 – is interactive and spans areas of economic and corporate, employee, environmental and public responsibility. Peabody has published the external report, also available in print and PDF formats, each year since 2005.
The report details how Peabody:
- Delivered record safety performance for the fourth consecutive year with a global incidence rate of 1.92 per 200,000 operating hours;
- Achieved a U.S. incidence rate that is less than half the industry average and set a new safety record in Australia;
- Delivered record financial results, including record marks in revenues, Adjusted EBITDA, operating profit, net income, earnings per share and operating cash flows;
- Invested $9.5 million in charitable giving – a 37 percent increase from the prior year – to strengthen communities around the world;
- Marked another year of environmental excellence by restoring more than 5,100 acres of mined lands and recycling more than 16,000 tons of materials; and
- Earned more than 30 global awards for safety, corporate, environmental and social responsibility.
Peabody provides stakeholders a full portrayal of its corporate and social commitments, including how Peabody continues progressing global partnerships and projects toward the goal of near-zero emissions. The company outlines its Peabody Plan, a series of technology-based solutions to alleviate energy inequality by 2050, while advancing society’s important goals of energy security, economic growth and environmental solutions through greater coal use.
Peabody is focused on improving lives and livelihoods through social investments that empower communities; educate the next generation; restore, conserve and beautify the environment; and engage employees to give back. Through philanthropic investments, community outreach and robust employee volunteerism, the company provides significant support to charitable, community and educational organizations.
Peabody Energy is the world’s largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. The company serves metallurgical and thermal coal customers in more than 25 countries on six continents. For further information, go to PeabodyEnergy.com and CoalCanDoThat.com.
