ST. LOUIS, Nov. 30, 2012 /PRNewswire/ -- An international panel has recognized Peabody Energy (NYSE: BTU) with a Global Energy Commodity Excellence Award for leading the global coal sector in performance and stewardship. The honor was presented at the 14 th Annual Global Energy Awards Ceremony in New York City.
The Commodity Excellence Award recognizes Peabody for industry-leading safety, operational, marketing and environmental achievements, corporate citizenship and financial success. In addition, Peabody Chairman and Chief Executive Officer Gregory H. Boyce was a finalist for the Global Energy Chief Executive Officer of the Year Award. Peabody also was named a finalist for the Strategic Deal of the Year Award and the Corporate Social Responsibility Award.
"This Global Energy Award recognition is a credit to Peabody Energy's more than 8,000 employees. Every day, these men and women demonstrate exceptional performance across our Americas, Australia, and Asia and Trading platforms," said Boyce. "Peabody continues to be a leader in the industry by delivering superior results and advancing significant growth projects."
Commenting on the selection, the award's presenters noted that satisfying global energy demand requires intense international focus: "The judges found Peabody – with its global ambitions and industry-leading performance – to be their strong choice as the winner of this year's Commodity Excellence Award for Coal."The Global Energy Awards recognize innovation, vision, leadership and superior performance in more than a dozen categories. Honorees are selected from nearly 200 entrants by an independent global judging panel that includes former regulators, past leaders of major energy companies, leading academics and international energy experts. The 2012 honors join more than 35 corporate and financial leadership, safety, and environmental honors that Peabody has earned in the past year. Peabody has been named coal company of the year three times since the Global Energy Awards were established and has been a finalist more than 40 times, demonstrating leadership across multiple categories.