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Peabody wins at the Platts Global Energy Awards

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World Coal,

Global coal miner, Peabody Energy, picked up CEO of the Year and Energy Company of the Year at the 16th annual Platts Global Energy Awards. The awards recognises leadership, innovation stewardship and performance in the global energy sector. Peabody’s win “reflected its global leadership and growth”, which was deemed by the programme judges to be “best in class”, Platts said in a press release.

"We congratulate Peabody Energy Chairman and CEO Gregory Boyce for his personal and corporate achievement," said Larry Neal, host of the awards and President of Platts. "Not only did Boyce oversee the company's sustainability innovations and stewardship that put Peabody at the top of the judges' list for this year's Energy Company, but he has helped steer the multinational to several Global Energy Awards over the years."

The award’s judges credited Boyce’s leadership since 2003 for the company’s triple-digit growth and expansion to nearly a dozen international offices, particularly the company’s Australian mining and US export market operations, which has helped to propel it to a leading position in the Asia-Pacific region. The company’s 2013 productivity gains of 9% and 27% in the US and Australia respectively were also singled out for praise.

For the Energy Company of the Year award, which was chosen from the entire list of finalist companies, judges looked for all-around excellence in execution of a total energy strategy, breadth of portfolio, innovation, environmental conservation and commitment to sustainability. “Judges were impressed by Boyce's adaptive, forward-focused strategy, as well as Peabody's demonstrated safety and environmental record amid rapid geographic diversification and aggressive financial achievements,” Platts continued.

The awards were held in New York at the Waldorf Astoria hotel. Winners comprised individuals and companies from seven countries and three continents.

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