Lockheed Martin Aims to Cut Carbon 35% by 2020
As part of its “Go Green 2020″ initiative, Lockheed also plans to reduce its facility energy use by 20 percent, the waste it sends to landfills by 35 percent and its water use by 10 percent. All of the new targets will be measured against a baseline year of 2010.
Lockheed says its targets align with¬†Executive Order 13514, signed in October 2009, which sets sustainability goals for federal agencies.
In April, the company announced that it had met or exceeded its previous set of environmental goals of reducing carbon emissions, waste-to-landfill and water use by 25 percent since 2007. Lockheed’s revenues rose 12 percent in the same period. According to publicly available data and the recently released Carbon Disclosure Project 2012 S&P 500 Report, Lockheed Martin is leading major aerospace and defense companies, and many other large industrial manufacturers, in meeting environmental performance and disclosure. The CDP awarded the company an A grade for its environmental performance and a score of 93 for its disclosure, placing it ninth on the S&P list in that metric. In the same report defense competitors Boeing and Northrop Grumman were awarded, respectively, a B and a C grade.
Several projects of varying scale contribute to the company’s environmental performance improvements, including a solar LED lighting system at the company’s Orlando facility; a recently implemented fuel cell power generation system at its Sunnyvale, Calif. site; and using reusable containers for aircraft parts to eliminate wood packaging and streamline the production process in Fort Worth, Texas.
Earlier this week, defense contractor Raytheon announced in its latest sustainability report that it had cut its carbon emissions 13 percent in the last year and 16 percent since 2008. The company’s energy consumption fell 5.3 percent over the course of 2011 and has fallen 9 percent since 2008.
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