Public Profile

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.

33

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.

12

Industry Benchmark

Lockheed Martin's score of 33 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Lockheed Martin's reported carbon emissions

In 2023, Lockheed Martin reported global carbon emissions of approximately 28,000,000,000 kg CO2e, with specific contributions from various scopes: 308,980,000 kg CO2e from Scope 1, 371,232,000 kg CO2e from Scope 2, and 27,955,399,000 kg CO2e from Scope 3. The company has demonstrated a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been disclosed in their recent reports. Historically, Lockheed Martin's emissions have shown fluctuations, with total emissions in 2022 amounting to about 28,543,078,000 kg CO2e, including 317,761,000 kg CO2e from Scope 1 and 381,560,000 kg CO2e from Scope 2. The company has not publicly committed to specific science-based targets or reduction initiatives, indicating a potential area for growth in their sustainability strategy. Lockheed Martin's emissions data reflects its operations across various regions, including the US, where emissions for 2022 were approximately 311,126,000 kg CO2e from Scope 1 and 351,515,000 kg CO2e from Scope 2. The absence of detailed reduction targets suggests that while the company is aware of its environmental impact, it may need to enhance its climate commitments to align with industry standards and expectations.

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Add to project
201520162017201820192020202120222023
Scope 1
306,550,000
-
-
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
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

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Lockheed Martin's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Lockheed Martin is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to some reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers