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Lockheed Martin

CEF Lead Executives

Latest Sustainability Reporting

Highlights


  • Reduced net greenhouse gas emissions 13.6% over 2020 baseline, exceeding annual target of 10.8%.
  • Completed 64 energy efficiency projects in 2023, estimated to avoid 25 million kWh of electricity, 116,000 million BTUs of natural gas, and $3.2 million in costs annually.
  • 24% of electricity used in 2023 was renewable energy, up from 22% in 2022.
  • Three facilities earned LEED certification in 2023, increasing total green building square footage by 70,000 square feet.
  • All four business areas reduced priority chemicals usage per net sales from 2020 to 2023.
  • Reached its interim goal of all leaders receiving a diversity and inclusion-associated training annually.
  • In 2023, increased representation of people of color to 32% in the U.S. and maintained representation of women globally at 23.2%.
  • Contributed $495,000 to organizations that are advancing carbon removal via nature-based solutions in 2023.

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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