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In 2024, Lockheed Martin completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Lockheed Martin has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofLockheed Martin amounted to820,713metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Lockheed Martindecreased by 1.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Lockheed Martin were 294,431 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Lockheed Martin's Scope 1 emissions have decreased by 3.58%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Lockheed Martin's Scope 1 emissions decreased by 3.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Lockheed Martin reported Scope 2 greenhouse gas (GHG) emissions of 365,395 tCOâ‚‚e using the market-based method and 526,282 tCOâ‚‚e using the location-based method.a
Since 2019, Lockheed Martin's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 20.58%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Lockheed Martin's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Lockheed Martin's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Lockheed Martin reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Lockheed Martin reported 19,954,439 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Lockheed Martin includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Lockheed Martin reported total Scope 3 emissions of 19,954,439 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 29.97%of these emissions originated from upstream activities such as purchased goods and capital goods, while 70.03%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Lockheed Martin's Scope 3 emissionshave decreased by 24.85%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Lockheed Martin's Scope 3 emissions decreased by 27.49%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Lockheed Martin reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Lockheed Martin's Scope 3 emissions were:a
In 2024, Lockheed Martin reported Scope 1 greenhouse gas (GHG) emissions of 294,431 tCOâ‚‚e and total revenues of USD 71,043 millions. This translates into an emissions intensity of 4.14 tCOâ‚‚e per millions USD.a
In 2024, Lockheed Martin reported a Scope 1 emissions intensity of 4.14 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.12, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Lockheed Martin ranked 3 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Lockheed Martin among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Lockheed Martin reported a total carbon footprint of 20,775,152 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.74% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Lockheed Martin's total carbon footprint was Scope 3 emissions, accounting for 96.05% of the company's total carbon footprint, followed by Scope 2 emissions at 2.53%.a