FALLS CHURCH, Va., Aug. 20, 2015 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC) released its 2014 Corporate Responsibility Report (CRR), a comprehensive publication that highlights the company's ongoing commitment to corporate responsibility including diversity and inclusion; environment sustainability; support for science, technology, engineering and mathematics (STEM) education; supplier diversity and ethics. It is the eighth year the company has published this report.
"Our corporate responsibility and sustainability activities support our social, economic and environmental objectives and are fundamental to everything we do at Northrop Grumman," said Wes Bush, chairman, chief executive officer and president, Northrop Grumman. "Our business approach incorporates sustainability to create long-term value for all our stakeholders. This report describes those efforts and serves as our guide for continuous improvement and sustainable top performance."
The Northrop Grumman CRR is produced consistent with the Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines. GRI is a third-party organization that has developed a widely used environmental, social and governance reporting framework. The report is also evaluated by an independent external review panel that provides feedback and advice from a stakeholder perspective. The CRR is available on-line at: http://www.northropgrumman.com/CorporateResponsibility/Pages/Reports.aspx
"I'm very proud of our corporate responsibility accomplishments. Every year we track our activities and work hard to improve," said Sandra Evers-Manly, vice president, global corporate responsibility, Northrop Grumman and president, Northrop Grumman Foundation. "We pledge to continue these efforts which are made possible by the dedication and commitment of Northrop Grumman employees."
Some highlights include:
- In 2014 Northrop Grumman achieved greater diversity in leadership among company officers and within executive-level appointments.
- The company reduced greenhouse gas intensity (metric tonnes of carbon dioxide equivalent per million dollars in sales) by 26.2 percent from 2008 levels.
- Northrop Grumman invested more than $15.9 million from company contributions and the Northrop Grumman Foundation to fund global STEM education programs and initiatives that are making a difference for students and their teachers.
- More than 32 percent of Northrop Grumman procurement spending went to small, women and minority-owned business.
- Globally, more than 99 percent of company employees completed ethics and compliance training, with the remaining one percent attributable to employees on leave, who are required to take the training when they re-enter the workforce.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
SOURCE Northrop Grumman Corporation