MELBOURNE, Fla. - L3Harris Technologies (NYSE:LHX) published its annual Sustainability Report, highlighting the company's strategy for, and progress within, its Environmental, Social and Governance (ESG) program.
We continue to make meaningful strides with our ESG efforts as they become engrained in the L3Harris culture, said Christopher E. Kubasik, Vice Chair and CEO. We advanced in key areas including environmental impact, employee engagement, and governance standards which we expect to further long-term value for all.
L3Harris made progress toward its 2026 goals to reduce greenhouse gas emissions by 30%, water consumption by 20% and increase diversion of waste to landfills by 75%. A key 2021 highlight was the successful start of commercial operations for an L3Harris-funded, 1350-acre solar farm - built with the help of military veterans - that will eliminate roughly 110,000 metric tons of CO2 per year.
Throughout the year, L3Harris provided a safe work environment and met government COVID-19 guidelines in support of onsite employees, while making available additional, virtual resources to assist all employees. The company expanded its diversity, equity, and inclusion efforts by investing in resources to drive impact at every organizational level.
L3Harris' framework to manage and evolve its long-term ESG priorities is overseen by the Board of Directors, and its transparency approach aligns with the Global Reporting Initiative, the Sustainability Accounting Standards Board and the Task Force on Climate-Related Financial Disclosures.
The full 2021 Sustainability Report is available here.
About L3Harris Technologies
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has more than $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. L3Harris.com.
Forward-Looking Statements
This press release contains forward-looking statements that reflect managements current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about ESG goals are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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MELBOURNE, Fla. - L3Harris Technologies (NYSE:LHX) published its annual Sustainability Report, highlighting the company's strategy for, and progress within, its Environmental, Social and Governance (ESG) program.
