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 3,288,000 kg CO2e, with emissions distributed across various scopes: Scope 1 emissions were about 89,000 kg CO2e, Scope 2 emissions totalled approximately 98,000 kg CO2e, and Scope 3 emissions accounted for about 3,101,000 kg CO2e. Notably, the Scope 3 emissions included significant contributions from 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 achieve net zero emissions by 2050. In the near term, the company plans to reduce its Scope 1 and 2 emissions to near zero by 2025. Additionally, it targets a 50% reduction in Scope 2 emissions from a 2021 baseline by 2030. The company also aims to reduce its Scope 1 emissions by 50% from the same baseline by 2030. Furthermore, Lockheed Martin has established a goal to reduce carbon emissions per dollar of gross profit by 70% for both Scope 1 and Scope 2 by 2030, using 2015 as the baseline year. In 2022, the company reported a 53% reduction in carbon emissions intensity for Scope 1 and 2 from the 2015 baseline. These initiatives reflect Lockheed Martin's commitment to sustainability and its proactive approach to addressing climate change, aligning with industry standards and expectations.
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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.
