Lockheed Martin Sustainability Profile
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 Public Administration 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 84 is higher than 92% 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 3,288,000 kg CO2e, with Scope 1 emissions at about 89,000 kg CO2e, Scope 2 emissions at approximately 98,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 3,101,000 kg CO2e. The largest components of Scope 3 emissions included business travel (approximately 1,418,000 kg CO2e) and employee commuting (about 1,536,000 kg CO2e). Lockheed Martin has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 50% from a 2021 baseline by 2030. Additionally, the company plans to achieve net zero emissions by 2050. In the near term, they aim to reduce Scope 1 and 2 absolute carbon emissions by 36% from a 2020 baseline by 2030. As of 2022, Lockheed Martin reported a 53% reduction in Scope 1 and 2 carbon emissions intensity from a 2015 baseline. The company is also focused on increasing the use of renewable energy, with a goal to match 40% of its electricity consumption with renewable sources by 2030. These initiatives reflect Lockheed Martin's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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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 |
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Lockheed Martin's Scope 3 Categories Breakdown
Lockheed Martin's Scope 3 emissions, which decreased by 27% last year and decreased by approximately 35% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 70% of Scope 3 emissions.
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Lockheed Martin's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lockheed Martin has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
