Economic and Corporate Responsibility
Peabody Energy is the industry bellwether, the only pure-play coal investment positioned for growth and value creation amid what the company believes will be a long-term supercycle for coal.
One of Peabody’s primary corporate responsibilities is to provide a strong shareholder return.
In 2011, Peabody delivered:
- Record safety, revenues, Adjusted EBITDA, operating profit, net income and operating cash flow;
- Completed a major acquisition; and
- Increased diluted earnings per share 42 percent excluding acquisition-related items.
Fueling Community Strength
Peabody’s success has translated into gains for communities around the globe. In 2011, our operations contributed about $16 billion in direct and indirect economic benefits in regions where we’ve done business. We also continue to give back through a robust charitable giving program, increasing contributions year after year. Employees also continue to give of their time, talent and resources to build stronger communities and societies.
Fueling Industry Leadership
The company is globally recognized for leadership and vision.
- Chairman and Chief Executive Officer Gregory H. Boyce is the only CEO to be named among the very finest chief executives for both the energy and mining sectors, garnering recognition from Institutional Investor magazine and the Global Energy Awards.
- Peabody’s corporate citizenship also was recognized in 2011 with the Foreign Policy Association Corporate and Social Responsibility Award and the international Communitas Award.
- Peabody is a Fortune 500 company; was noted in the 2010 Forbes Global 2000 ranking of the most influential listed companies in the world; and was named to the 2010 BusinessWeek Top 50 ranking of best performing companies in the S&P 500.
Good corporate governance guides our every action. The company has established a robust governance program, and a new Health, Safety and Environment Committee reviews Peabody’s business practices to ensure they meet the highest standards for integrity, safety, and social and environmental responsibility. We believe the world is in the early stages of a long-term supercycle for coal driven by rapid industrialization and urbanization in the developing world.
Fueling Social Progress
Coal’s low cost and large scale make it a fuel for social progress, enabling people in the developed world to enjoy a standard of living most of humanity is still trying to achieve. Coal is widely dispersed, broadly available, easily transported, energy-dense and very affordable. It has been the world’s fastest growing fuel for the past decade, and this expansion is set to continue. The International Energy Agency estimates that electricity generation growth from coal will surpass that of gas, oil, nuclear, hydropower, geothermal and solar – combined.
Learn more in our Corporate and Social Responsibility Report.
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