Lockheed Martin Corp

Common Name
Lockheed Martin
Country
United States
Sector
Industrials
Industry
Aerospace & Defense
Employees
121,000
Ticker
LMT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Lockheed Martin Corporation is a prominent player in the aerospace, defense, and security sectors, globally recognized for its advanced technology and innovation. Primarily engaged in the research, de...

Lockheed Martin's Climate Target Data Preview

As of 2024, Lockheed Martin has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Lockheed Martin ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Lockheed Martin’s Climate Targets Data

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a. Lockheed Martin's Sustainability Report 2024
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Insights into Lockheed Martin's Greenhouse Gas Emissions Pathways

As of 2024, Lockheed Martin has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Lockheed Martin have a target to reduce the emissions from its operations?

As of 2024, Lockheed Martin has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Lockheed Martin's most ambitious operational target is to reduce these emissions by 36% by 2030, compared to a baseline of 788,461 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Lockheed Martin is ahead of schedule on its operational emissions reduction target, having achieved 45.36% of the planned reduction. a

Lockheed Martin's Operational (Scope 1+2) Emissions Pathway

2020202420300200 k400 k600 k800 kBaselineCurrent (-16%)Target 2030 (-36%)
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