BETHESDA, Md., April 27, 2015 /PRNewswire/ -- Lockheed Martin
(NYSE: LMT) reaffirms its commitment to sustainable growth and
environmental performance with the release of a report that
demonstrates success in achieving a smaller environmental
footprint, more effective supplier partnerships and enhanced
ethical conduct controls. The report highlights the corporation's
efforts in 2014 to promote sustainability throughout its
operations, including implementing its Sustainability Management
Plan, a comprehensive set of sustainability commitments and
metrics.
"Over the past several years our scientists and engineers have
successfully applied their expertise to reduce our energy usage,
optimize our manufacturing processes, and reduce our carbon
emissions," said Marillyn Hewson,
Lockheed Martin Chairman, President and CEO. "And we're not done.
We will continue to push the boundaries of innovation and find new
ways to deliver additional value for our business and our
communities."
The 2014 Sustainability Report assesses management and
achievements in these areas:
- Resource Efficiency – In 2014, the corporation reduced
energy use by 15 percent, carbon emissions by 20 percent, water use
by 21 percent and waste sent to landfills by 47 percent. New
on-site renewable energy projects that are being rolled out will
generate additional clean power for our operations.
- Governance Efforts - Lockheed Martin upholds high
standards and controls for ethical business conduct, compliance and
transparency. The corporation released an updated, digital code of
conduct that outlines clearer expectations for its standards of
sustainability and security for employees, customers and
suppliers.
- Product Performance Innovations – The corporation
increased investments in sustainability drivers such as nuclear,
ocean, tidal energy; cyber security services; lightweight
materials; and unmanned air and undersea systems.
- Information Security – Lockheed Martin continued to
strengthen our cyber security and information technology
capabilities, as we work to protect our business and our customers
from growing cyber threats.
- Supplier Sustainability - In 2014, the corporation
trained 14,000 of our suppliers on the risk of counterfeit parts,
raising awareness of this important problem and helping alleviate
quality and safety risks in our supply chain.
- Talent Competitiveness – Lockheed Martin exceeded our
employee attrition targets while advancing our culture of diversity
and inclusion. The corporation invested in new partnerships with
non-profit organizations to promote science, technology,
engineering and math education to inspire the next generation of
innovators.
In 2014, Lockheed Martin was named to the prestigious Dow Jones
Sustainability World Index; named one of the top companies on both
the CDP's Performance and Disclosure Leadership Indices; and ranked
as a sector leader based on its environmental, social and
governance record by MSCI's Intangible Value Assessment. Corporate
Responsibility Magazine recently named Lockheed Martin to its "100
Best Corporate Citizens" list for the third consecutive year,
climbing to the rank of number 10 in 2015.
The Lockheed Martin 2014 Sustainability Report also includes a
letter of opinion from an external advisory panel of experts that
reviewed the report. Environmental data were verified by an
independent third-party, and the report adheres to the Global
Reporting Initiative G4 reporting guidelines.
Headquartered in Bethesda,
Maryland, Lockheed Martin is a global security and aerospace
company that employs approximately 112,000 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 net sales for
2014 were $45.6 billion.
For additional information, visit our
website:
www.lockheedmartin.com/sustainability
Follow us on Twitter
@LockheedMartin
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SOURCE Lockheed Martin