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Lockheed Martin

CEF Lead Executives

Sustainability Goals

Sustainability Goals

Ongoing Goals

  • Reduce energy use by 25% (achieved 18% reduction as of 2020)
  • Reduce water use by 30% (achieved 22% reduction as of 2020)
  • Increase annual renewable energy consumption


2025 Sustainability Goals

  • Reduce energy per occupant by 14% (2016 baseline)
  • Reduce waste per occupant by 11% (2016 baseline)


2030 Sustainability Goals

  • Reduce carbon emissions per $ gross profit by 70% (2015 baseline)


Past Goals Achieved

  • Reduce Scope 1 and 2 carbon emissions by 35% (achieved 38% reduction as of 2020)
  • Increase square footage of facilities with green building certifications (achieved 3.7 million square feet of green buildings as of 2020)
  • Generate $1 billion of life-cycle cost reductions from manufactured products related to the use of resources and impacts on human health and the environment (achieved in 2019)
  • Achieve $4 billion in product sales with direct, measurable benefits to energy and advanced infrastructure resiliency (achieved in 2019)

Latest Sustainability Reporting

Highlights


  • Reduced Scope 1 and 2 emissions per dollar of gross profit by 53% in 2022, up from 47% in 2021.
  • Reduced net GHG emissions by 17% since 2018.
  • Completed 78 energy efficiency projects in 2022, saving 26 million kWh of electricity, 28 billion BTU of natural gas, and $3.1 million in costs.
  • Has installed 15 on-site solar systems for a total of 31.5 MW of electricity since 2008 and currently obtains 23% of electricity from renewables, up from 21% in 2021.
  • Added 53,000 square feet of green building footprint in 2022.
  • In 2022, increased employee representation of women to 23.3% and people of color to 30.4%.
  • In 2022, 25% of procurement budget was spent on local suppliers, up from 20% in 2021.
  • 100% of new suppliers were screened for both environmental and social criteria in 2022.
  • Included in the JUST 100 for fourth consecutive year.
  • Received an Energy Star 2022 Partner of the Year: Sustained Excellence Award.
  • Included in seven Forbes lists, including World’s Best Employers, and Best Employers for Diversity.

Recent News

2021

The Department of Energy (DOE) released a progress update on its Better Plants program, which aims to decarbonize the industrial sector. Over 250 manufacturers and water utilities have participated in the program and cumulatively saved $9.3 billion in energy costs and over 1.9 quadrillion BTUs of energy—more energy than Wisconsin uses annually. Program partners include CEF members 3M, Dow, Ford, General Electric, General Motors, International Paper, Johnson & Johnson, Lockheed Martin, PepsiCo, Procter & Gamble, and Schneider Electric. (Oct 2021)
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32 companies that have prioritized their workers during the COVID-19 pandemic (e.g., by establishing safety practices, disclosing demographic details to drive racial equity, worker benefits) have outperformed companies on the Russell 1000 by 8.6%, according to a JUST Capital ranking of companies “leading for their workers” by industry. CEF members BlackRock, Chevron, Comcast, Dow, Ford, JPMorgan Chase & Co., Lockheed Martin, McKesson, and Procter & Gamble are among the 32 companies featured. (Sept 2021)
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2020

Environment + Energy Leader named the winners of its 2020 Environment + Energy Leader Product and Project Awards. CEF member Lockheed Martin was featured on the winning list for project of the year.” (July 2020)

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Winner of the 2020 ENERGY STAR Awards, which recognize organizations for developing energy efficient products and services that help customers save money and energy. (April 2020)

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2019

Named to CDP “2018 Climate A List,” which recognizes companies for demonstrating leadership on climate change. (Jan 2019)

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