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 89% 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 20,000,000,000 kg CO2e globally, with emissions distributed across various scopes: 294,431,000 kg CO2e (Scope 1), 365,395,000 kg CO2e (Scope 2, market-based), and 19,954,439,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its carbon footprint, aiming for a 50% reduction in both Scope 1 and Scope 2 emissions from a 2021 baseline by 2030. Additionally, Lockheed Martin plans to achieve near-zero emissions for Scope 1 and 2 by 2025. In the UK, Lockheed Martin reported total emissions of approximately 3,288,000 kg CO2e in 2024, with Scope 1 emissions at 89,000 kg CO2e, Scope 2 at 98,000 kg CO2e, and Scope 3 at 3,101,000 kg CO2e. The company has also committed to reducing its Scope 1 and 2 absolute carbon emissions by 36% from a 2020 baseline by 2030. Lockheed Martin's long-term goal is to achieve net-zero emissions by 2050, with interim targets to reduce emissions intensity by 70% per dollar of gross profit by 2030, based on a 2015 baseline. The company has made significant progress, having reduced its Scope 1 and 2 carbon emissions intensity by 53% from the 2015 baseline as of 2022. Overall, Lockheed Martin's climate commitments reflect a robust strategy to address carbon emissions across its operations, aligning with industry standards and global climate goals.
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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.
