Company releases 2010 Corporate Energy, Environmental, Safety and Health Report
Submitted by Lockheed Martin Corporation
/PRNewswire/ - For 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:
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)
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.
For additional information, visit our website: www.LockheedMartin.com/sustainable
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 132,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.
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