Feb 2 2008
The U.S. Environmental Protection Agency (EPA) has recognized Lockheed Martin for the company's leading green power purchase and participation in the agency's Green Power Partnership. Three Lockheed Martin facilities have been named in the agency's Fortune 500 Green Power Challenge List, which recognizes corporations that reduce environmental impacts associated with electricity use.
Lockheed Martin's Baltimore/Washington area facilities purchased more than 25 million kilowatt-hours (kWh) of renewable energy in 2007, which ties Lockheed Martin for 23rd on the list of corporations participating in the Green Power Challenge. The facilities include buildings located in Chantilly, Fairfax and Manassas, Va.; and Bethesda, Gaithersburg, Rockville and Middle River, Md.
According to EPA, Lockheed Martin's purchase is equivalent to avoiding the carbon dioxide (CO2) emissions of nearly 4,000 passenger vehicles per year or the equivalent amount of electricity needed to power nearly 3,000 average American homes annually.
Lockheed Martin Space Systems facilities in Palo Alto, Calif., are collectively ranked 41st on the list. The facilities' 2007 purchase of 1.8 million kWh of renewable energy represents about 10 percent of the site's total power consumption.
Additionally, Lockheed Martin Space Systems in Sunnyvale, Calif., purchased 80,000 kWh of green power, also placing that facility on EPA's list.
"This is an honor, and we're proud to be recognized by the EPA," said Bob Stevens, Chairman, President and CEO. "Lockheed Martin is dedicated to finding responsible ways to ensure we are able to deliver the innovative solutions our customers require in ways that conserve natural resources and reduce our greenhouse gas emissions. I'm proud to say that our continuous quest for improvement is making a difference."