Lockheed Martin (NYSE: LMT) going green is good for the environment and good for business. In its
2010 Corporate Energy, Environment, Safety and Health Report
released today online, Lockheed Martin details how energy, water and
waste to landfill reduction programs are helping the company meet its
sustainability targets and improve operational efficiencies.
The company said its energy savings program has identified 150
projects with potential carbon reduction of up to 161,000 metric tons
and associated possible operating cost reductions over the next two
years. It also said it is lowering annualized operating costs from
using fewer natural resources.
"We are embedding sustainability practices into our DNA," said David
Constable, PhD., vice president of Energy, Environment, Safety and
Health for Lockheed Martin. "As we become more energy efficient, use
fewer resources and apply sustainability solutions in the design and
management of all our operations, we reduce overhead costs, deliver
greater benefits to our customers and improve the environment in the
545 communities worldwide where we have operations."
For example, Lockheed Martin launched a "green information
technology" program, which has consolidated 4,000 data servers since
2008, resulting in a savings of 26 million kWh of electricity
consumption and $2.6 million in annual costs.
In 2008, Lockheed Martin set the goal of reducing by 25 percent in
its water, waste-to-landfill and greenhouse gas emissions by the end of
2012, based on 2007 baseline performance. The company said it has
achieved one of these goals and is on track to meet the others.
Other key achievements noted in the report include:
- Decreased waste to landfill by 1.1 million pounds from
2009 to 2010, and by 26 percent since 2007 primarily by expanding
recycle programs and working with vendors to eliminate excess
packaging;
- Reduced water usage by 136 million gallons from 2009
to 2010, and by 22 percent since 2007, through such initiatives as
upgrading to low flow plumbing fixtures, making improvements to cooling
towers and installing landscaping that requires less water;
- Cut carbon emissions by 95,000 metric ton CO2
equivalents from 2009 to 2010, and by 15 percent since 2007 through a
combination of energy efficiency initiatives and the purchase of
renewable wind and solar energy and renewable energy credits;
- Expanded its greening the supply chain program,
working with 51 Indirect and IT suppliers. A program with Staples has
achieved financial benefits and led to saving nearly 9,000 trees by
using more recycled content in 2010. Working with Dell, Lockheed Martin
eliminated extra packaging by insisting that computers be shipped in
multipacks or recycled containers;
- Named as an environmental leader for its GHG emission
reduction efforts among S&P 500 Industrial companies by the Carbon
Disclosure Project and achieved U.S. Building Green Council LEEDŽ
certification for 21 company facilities with 19 additional sites
working to achieve various LEEDŽ certifications; and
- Reduced recordable workplace injuries by an absolute
49 percent from 2003 to 2010 and established new 25-Foot Safety Control
Zone program to heighten employees' safety awareness in their immediate
work area.
The report is available online and includes an interactive tool that
allows individuals to view sustainability metrics by topic and
location. (www.lockheedmartin.com/sustainable)
