Climate and Greenhouse Gas Emissions

Climate change and the role of GHG emissions are important environmental, economic and social issues that have gained worldwide attention. Raytheon has been tracking its GHG emissions since 2002 and has taken actions to reduce them. In 2002, Raytheon joined the U.S. EPA's Climate Leaders program as a charter member. Climate Leaders is a voluntary industry/government initiative that requires participating companies to set long-term GHG reduction goals and develop comprehensive GHG inventories based on standards developed by the World Resources Institute and the World Business Council for Sustainable Development. Raytheon set an aggressive goal to reduce GHG emissions by 33 percent from 2002 to 2009, normalized by revenue. By the end of 2007, we achieved a 28 percent reduction toward this goal. Since 2002, we have avoided cumulatively over 140,000 metric tons of carbon dioxide equivalent GHG emissions.

Raytheon owns or leases approximately 200 facilities in the United States. Of those, ten generate over 60 percent of total company GHG emissions. More than 90 percent of Raytheon's GHG emissions are attributable to its energy consumption, primarily from purchasing electricity from third-party power plants, and the burning of natural gas to heat buildings. Raytheon has had a vigorous energy conservation program since the 1970s and continues to accelerate its efforts.