Lockheed Martin's Environmental Focus Earns 'Green' Awards At Company Operations In Texas, Georgia And California
FORT WORTH, Texas, 12/22/2008 --
Lockheed Martin [NYSE: LMT] has invested more than $40 million since 2001 in capital improvements to increase energy efficiency and lower emissions from its business operations. As a result, Lockheed Martin saves more than 125 million kilowatt hours of energy annually - enough to power 10,000 homes for a year.
In 2007, the Corporation launched a comprehensive environmental program with the long-term goal of eliminating adverse impact on the environment as a result of its operations. This includes annual carbon, waste, and water use reduction goals and an aggressive 2012 target of an absolute 25 percent reduction in each of those areas.
At Lockheed Martin, we recognize the value of effective environmental, safety and health programs, said Bob Stevens, Lockheed Martin's Chairman, President and Chief Executive Officer. Our Energy, Environment, Safety & Health (EESH) team supports our customers' objectives, builds community confidence, promotes employee health and well-being, and helps us to achieve our business goals. Most significantly, delivering environmental and safety excellence is the right thing to do for this and future generations.
The company recently won several awards for environmental stewardship at its operations in Fort Worth, Texas; Marietta, Ga.; and Palmdale, Calif. Some examples of accomplishments follow:
Fort Worth – The North Texas Clean Air Coalition awarded Lockheed Martin Aeronautics several clean air awards, including the TryParkingIt.com Employer Highest Participation Rate award. In addition, the company also received the Clean Air Champion and Vanpool of the Year award. Company employee Debbie Boles, a data processor, won the TryParkingIt.com Individual award for reducing her community mileage by 14,580 miles in a year.
Marietta – The Partnership for a Sustainable Georgia recognized Lockheed Martin Aeronautics with the Continual Improvement Award. The Partnership presents this award annually to an organization that makes strides toward a more sustainable Georgia.
Lockheed Martin Aeronautics demonstrated environmental excellence by reducing hazardous waste, improving water quality, saving 27 thousand gallons of fuel, and reducing water use by 62.2 million gallons of water, said Suzanne Burnes, assistant director of P²AD and manager of the Partnership for a Sustainable Georgia. We look to see other organizations in Georgia follow their lead.
Palmdale – The California Environmental Protection Agency awarded Lockheed Martin Aeronautics the state's Waste Reduction and Awards Program.
Last year the Palmdale facility diverted 1,094 tons of waste from landfills, reducing greenhouse gas emissions by 1.8 million pounds of CO2, and earned $156,167 (a total savings of $440,607) from recycling and reuse efforts. The state awarded the Lockheed Martin Palmdale facility with the WRAP award because it has incorporated waste reduction, reuse and recycling efforts into daily business activities and is steering the community along a path towards zero-waste.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion.
To learn more about Lockheed Martin Energy, Environment, Safety and Health programs, please review our ESH Sustainability Report: http://www.lockheedmartin.com/data/assets/corporate/documents/environment/LM-Sustainability-2007.pdf