Raytheon receives national Climate Leadership Award
Reaches, and exceeds, greenhouse gas reduction goal years ahead of schedule
WALTHAM, Mass., March 21, 2013
WALTHAM, Mass., March 21, 2013 /PRNewswire/ --Raytheon Company (NYSE: RTN)
has received a Climate Leadership Award in recognition of cutting greenhouse
gas emissions and achieving its reduction goal ahead of schedule. The
Excellence in Greenhouse Gas Management Award for Goal Achievement was
recently awarded to Raytheon by the U.S. Environmental Protection Agency in
partnership with the Association of Climate Change Officers, the Center for
Climate and Energy Solutions, and the Climate Registry.
"Our Climate Leadership Award winners are leading by example with their
outstanding actions to reduce carbon pollution," said Gina McCarthy,
administer for EPA's Office of Air and Radiation. "These organizations are
tackling the challenge of climate change with practical, common-sense, and
cost-saving solutions to improve efficiency and cut waste."
In 2008, under EPA's former Climate Leaders Program, Raytheon set a goal of
reducing greenhouse gas emissions by 10 percent by 2015 from 2008 levels. The
company actually achieved a 16 percent reduction through 2011 and a 21 percent
reduction through 2012, reaching, and exceeding, its reduction goal years
ahead of schedule.
"We are honored to receive this Climate Leadership Award for exceeding and
achieving our greenhouse gas emissions reduction goal – one of Raytheon's top
sustainability goals," said Raytheon Chairman and CEO William H. Swanson. "We
reached this goal well ahead of schedule, and with Raytheon's culture of
continuous improvement, we will be looking to further raise the bar to keep
making further strides in this area to reduce our environmental impact. This
recognition is a credit to the entire Raytheon team."
The award marks the second greenhouse gas goal that Raytheon has achieved.
Since 2002, the company has reduced carbon emissions by 34 percent, preventing
more than one million metric tons of greenhouse gas emissions. The emission
reductions were primarily achieved through energy conservation, implementing
energy efficiency projects, buying more renewable energy and reducing the use
of greenhouse gas chemicals in manufacturing processes.
About Climate Leadership Awards
The national awards program honors corporate, organizational and individual
leadership in reducing greenhouse gas emissions. This year, a total of 23
companies, organizations and governmental entities received awards. More about
the Climate Leadership Awards and the winners:
Raytheon Company, with 2012 sales of $24 billion and 68,000 employees
worldwide, is a technology and innovation leader specializing in defense,
homeland security and other government markets throughout the world. With a
history of innovation spanning 91 years, Raytheon provides state-of-the-art
electronics, mission systems integration and other capabilities in the areas
of sensing; effects; and command, control, communications and intelligence
systems; as well as a broad range of mission support services. Raytheon is
headquartered in Waltham, Mass. For more about Raytheon, visit us
atwww.raytheon.comand follow us on Twitter@raytheon.
SOURCE Raytheon Company
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