Northrop Grumman Recognized for Reducing Carbon Emissions and Mitigating the
Risks of Climate Change by CDP
FALLS CHURCH, Va., Sept. 24, 2013
FALLS CHURCH, Va., Sept. 24, 2013 /PRNewswire/ -- Northrop Grumman Corporation
(NYSE: NOC) has been recognized as a leader for the company's actions to
reduce carbon emissions, mitigate the risks of climate change and for the
quality of its climate change data by CDP on two of its listings.
The achievement was announced in the CDP S&P 500 Climate Change Report 2013,
which tracks how America's largest listed companies are acting in response to
environmental sustainability. CDP, formerly known as the Carbon Disclosure
Project, is an international, not-for-profit organization providing the only
global system for companies and cities to measure, disclose, manage and share
vital environmental information.
"Northrop Grumman is committed to providing solutions that advance
environmental security and sustainability to reduce the impact of our business
operations on the environment," said Wes Bush, chairman, chief executive
officer and president. "We believe in leading by example and are proud of the
progress we are making in sustainability. Leadership recognition by CDP is
welcome acknowledgment of our performance."
This is Northrop Grumman's second consecutive year on CDP's Carbon Performance
Leadership Index (CPLI), which this year highlighted 36 companies listed on
the Standard & Poor's 500 index. Inclusion in the CPLI reflects achievement of
a minimum absolute greenhouse gas (GHG) emission reduction and third-party
verification of their GHG inventory. Northrop Grumman reduced absolute
emissions four percent from the previous year and received "reasonable
assurance" for its GHG emissions inventory and data management processes for
performance years 2010-2012.
For the first time, Northrop Grumman achieved a position in CDP's S&P 500
Climate Disclosure Leadership Index (CDLI) for evidence of a strong approach
to disclosure of corporate strategy, governance and GHG emissions inventory.
Out of a possible 100, Northrop Grumman received a disclosure score of 99,
placing it among the top one percent of participating companies, and highest
among industry peers. The CDLI is comprised of companies that demonstrate
strong actions to reduce GHG emissions as well as mitigation and governance
strategies to allay the risks and act on opportunities related to climate
change impacts to business operations.
Northrop Grumman has consistently improved its standing in these annual
indexes since launching the company's environmental sustainability program,
greeNG, in 2009. The company recently announced that it had achieved its
greenhouse gas reduction goals two years ahead of plan through a balanced
strategy that prioritized energy efficiency and resource conservation.
Northrop Grumman is a leading global security company providing innovative
systems, products and solutions in unmanned systems, cyber, C4ISR, and
logistics and modernization to government and commercial customers worldwide.
Please visit www.northropgrumman.com for more information.
SOURCE Northrop Grumman Corporation
Contact: Mark Root, 703-280-2739 (office), 571-425-2132 (mobile),
Press spacebar to pause and continue. Press esc to stop.