Lockheed Martin
Lockheed Martin Corporation, commonly referred to as Lockheed Martin, is a leading global aerospace, defence, and security company headquartered in Bethesda, Maryland, USA. Founded in 1912, the company has established itself as a key player in the industry, with significant operations across North America, Europe, and Asia. Lockheed Martin's core business areas include advanced technology systems, military aircraft, space exploration, and cybersecurity solutions. Renowned for its innovative products, such as the F-35 Lightning II and the Orion spacecraft, the company consistently pushes the boundaries of engineering and technology. With a strong market position, Lockheed Martin has achieved numerous accolades, including being ranked among the top defence contractors worldwide. Its commitment to excellence and cutting-edge solutions continues to shape the future of aerospace and defence.
DitchCarbon Score
How does Lockheed Martin's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lockheed Martin's score of 79 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lockheed Martin's reported carbon emissions
In 2024, Lockheed Martin reported total carbon emissions of approximately 29,443,100 kg CO2e for Scope 1, 36,539,500 kg CO2e for Scope 2 (market-based), and a significant 19,954,439,000 kg CO2e for Scope 3 emissions. This reflects a total of about 65,982,700 kg CO2e for Scope 1 and 2 combined (market-based). In comparison, the 2023 figures showed Scope 1 emissions at approximately 30,542,600 kg CO2e, Scope 2 emissions at about 37,543,500 kg CO2e (market-based), and Scope 3 emissions at around 27,521,169,000 kg CO2e. Lockheed Martin has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. Additionally, the company targets a 50% reduction in Scope 2 emissions from a 2021 baseline by 2030. For both Scope 1 and 2, they plan to achieve a 70% reduction in carbon emissions per dollar of gross profit by 2030, using 2015 as a baseline. Furthermore, Lockheed Martin aims to achieve net zero emissions by 2050. In 2022, the company reported a 53% reduction in Scope 1 and 2 carbon emissions intensity from the 2015 baseline, demonstrating progress towards its sustainability goals. By 2030, Lockheed Martin also intends to match 40% of its electricity usage with renewable sources across its global operations. These initiatives reflect the company's commitment to addressing climate change and reducing its carbon footprint in the aerospace and defence industry.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 306,550,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 647,595,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lockheed Martin is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
