Economic and Corporate Responsibility
Rapid industrialization, modernization and urbanization are lifting hundreds of millions of people around the world to a better quality of life and driving enormous energy demand. The world continues to turn to coal to meet the need.
Coal fuels more than 40 percent of the world's electricity and is one of the primary fuels with the scale, reliability, and affordability to meet demand.
In 2015, Peabody:
- Set a global safety record with a 1.25 safety incidence rate per 200,000 hours worked, a 13 percent improvement from the prior year;
- Restored more than 4,700 acres of mined lands into rangeland, wildlife habitat, hardwood forests, prime farmland and wetlands; and
- Marked the sixth consecutive year with a reduction in total greenhouse gas emissions per unit produced across global operations.
Fueling Community Strength
Peabody’s success has translated into gains for communities around the globe. In 2015, our operations contributed $17 billion in direct and indirect economic benefits in regions where we operate. 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. Good corporate governance guides our every action. The company has established a robust governance program, and the 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.
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.
Learn more in our Corporate and Social Responsibility Report.
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