World Coal Association Honors Peabody Energy (NYSE: BTU) Chairman and CEO Greg Boyce For Global Safety Leadership
ST. LOUIS, May 28, 2014 /PRNewswire/ -- Peabody Energy (NYSE: BTU) Chairman and Chief Executive Officer Gregory H. Boyce was recognized by the World Coal Association (WCA) for global leadership in mining safety. Boyce was honored with the WCA Chairman's Special Award, presented Monday at the World Coal Association board of directors meeting in Canberra, Australia.
The honor is a special designation from Dr. Zhang Xiwu, Chairman – World Coal Association and Chairman of Shenhua Group Corporation Limited of China. The World Coal Association is the leading global industry association formed of major international coal producers and stakeholders.
"The WCA is pleased to recognize the global leadership role Greg has played in improving mine safety standards," said Milton Catelin, World Coal Association Chief Executive. "The 2014 WCA Chairman's Special Award recognizes the importance of global leadership on mining safety and commends Greg for his significant work in this area."
"The honor is a credit to the more than 8,300 Peabody Energy employees who make safety our shared value and way of life, who commit to a vision of incident-free workplaces and who take accountability for safe behavior and practices at work and away," said Boyce. "All mining workers have a right to arrive home safe at the end of the day, and we must do everything we can to provide safe workplaces in the global mining sector."
As former Chairman of the U.S. National Mining Association, Boyce joined industry leaders in developing and securing commitment to CORESafety, a state-of-the-art safety and health management system for the U.S. mining industry. CORESafety was developed through industry-wide collaboration to achieve an industry goal within five years of eliminating fatalities and reducing the rate of reportable mining injuries by 50 percent. Mining companies directly employing more than 125,000 Americans have been engaged in adopting CORESafety, ensuring the U.S. mining industry remains a global model. CORESafety was also cited as a best worldwide practice of mining safety leadership during the WCA 2013 Leadership and Excellence Awards.
Peabody, under Boyce's direction, has grown significantly, all while improving safety and delivering record safety results in recent years. The company's global 2012 and 2013 safety performances, as measured by incidence rates, tied as the safest marks in company history, building from year-over-year improvements. Peabody earned 12 major safety honors in 2013.
Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining, energy access 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 AdvancedEnergyForLife.com.
SOURCE Peabody Energy