Lockheed Martin

Climate change is an important environmental, economic and social issue. More than 90 percent of greenhouse gas (GHG) emission at Lockheed Martin derives from energy use. Lockheed Martin’s energy program, which operates within the Energy Environmental Safety and Health (EESH) organization, sets energy management policy, tracks the Corporation’s energy usage and costs, and monitors progress in improving energy efficiency and reducing GHG emissions. The energy program manager works closely with ESH and facility operations managers across the Corporation to promote energy efficiency through employee education, improved maintenance practices and capital investments.

Lockheed Martin has invested more than $30 million from 2002-2007 in capital improvements specifically targeted at increasing energy efficiency and lowering GHG emissions across the Corporation. To date, nearly 140 projects have been completed in a variety of project categories. Through these projects, the Corporation has realized cumulative energy savings of more than $12 million. In January 2007, an additional 42 projects were approved and funded, bringing the total investment amount to $36 million

Lockheed Martin is a member of the EPA’s Climate Leaders program, a voluntary industry-government partnership that encourages companies to develop long-term comprehensive climate change strategies and set GHG emission reduction goals.

Lockheed Martin estimates GHG emissions from our operating activities using established EPA protocols. Our GHG emissions are evaluated using a GHG intensity ratio that compares equivalent CO2 emissions to dollars of sales. Sales revenue is a productivity surrogate that provides a convenient means to standardize GHG measurements across the Corporation’s diverse operations. In 2005, the EPA accepted Lockheed Martin’s goal to reduce GHG intensity by 30 percent by 2010 measured against the 2001 baseline. Sales revenue is also normalized to 2001 dollars for calculations of progress toward this goal. Through the Corporation’s energy efficiency investments, the GHG emissions intensity ratio at the end of 2006 had been reduced by approximately 29 percent versus 2001 levels.