WALTHAM, Mass., April 12, 2011 /PRNewswire/ -- For the fourth consecutive year, Raytheon Company (NYSE: RTN) was recognized with the 2011 ENERGY STAR® Sustained Excellence Award by the U.S. Environmental Protection Agency (EPA) for ongoing leadership in energy conservation and reduced greenhouse gas emissions. Raytheon will receive its award at an EPA ceremony Tuesday in Washington, D.C.
Raytheon was selected for the Sustained Excellence Award from more than 17,000 public and private sector ENERGY STAR participants. The company has received seven awards in its 11 years of participation in the ENERGY STAR program.
"This outstanding recognition is a credit to Raytheon's 72,000 employees and their support of our energy conservation efforts," said Raytheon Chairman and CEO William H. Swanson. "The continued focus, dedication and action of our employees reaffirm a commitment to sustainability practices that benefit our communities, our business and future generations."
Raytheon's achievements in energy conservation are led by an enterprisewide team of energy specialists that focuses on identifying and implementing energy conservation measures. The team's ongoing work has helped Raytheon and its employees achieve many sustainability goals in 2010, including:
- Empowering almost 40,000 employees as Energy Citizens to apply and share energy conservation practices.
- Reducing energy consumption per dollar of revenue by 3 percent -- contributing to an overall decrease of 22 percent since 2007.
- Engaging greater numbers of employees in energy conservation and sustainability efforts through Energy Awareness Month and Earth Day events across the company.
- Encouraging other organizations to join the ENERGY STAR program and become ENERGY STAR partners.
"Raytheon has earned EPA's highest ENERGY STAR award -- the 2011 Sustained Excellence Award," said Elizabeth Craig, acting director of EPA's Office of Atmospheric Programs. "Raytheon's long-term leadership and commitment to energy efficiency demonstrate the types of accomplishments that we can all achieve in reducing greenhouse gas emissions and protecting our global environment. We look forward to their continued partnership and leadership."
Raytheon Company, with 2010 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 89 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
About ENERGY STAR
ENERGY STAR was introduced by EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions and other pollutants associated with energy use. Today, the ENERGY STAR label can be found on more than 60 kinds of products as well as new homes and buildings. Last year alone, Americans, with the help of ENERGY STAR, saved $18 billion on their utility bills and prevented greenhouse gas emissions equivalent to those of 34 million cars. Products, homes and buildings that have earned the ENERGY STAR prevent emissions by meeting strict energy-efficiency specifications set by the EPA. For more information, go to energystar.gov.
SOURCE Raytheon Company