Transformation Toward a Sustainable Future

Transformation Toward a Sustainable Future

June 26, 2024

With the release of the Lockheed Martin annual Sustainability Performance Report, we want to bring your attention two key supplier-focused initiatives.

Implementing a Sector Sustainability Assessment Program

Did you know that Lockheed Martin, along with nine other leading Aerospace & Defense organizations, are engaging with their suppliers to gain insight and increase transparency across environmental, social and governance topics? The key driver behind this program is to save you time by having one assessment to complete versus fielding various custom surveys from each of us.

We have set a target to implement by 2025 a third-party validated supplier sustainability assessment program to include outreach to suppliers representing 60% of our spend. Want to proactively get involved? Let us know!

Your Decarbonization Action Pathway

Founding corporate sponsor Lockheed Martin is working on a program called RENEWAY, intended to make resources available to suppliers that support their adoption of renewable electricity and reduction of emissions. The program provides education and expert consultation for suppliers at any stage of their decarbonization journey to navigate the diverse array of options within the renewable energy market and to create a sustainable procurement strategy.

The RENEWAY program provides suppliers across the aerospace and defense industry a runway to act and reduce carbon emissions by accelerating the adoption of renewable electricity. Sign-up today!