WALTHAM, Mass., March 16, 2012 /PRNewswire/ -- For the fifth consecutive year, Raytheon Company (NYSE: RTN) was recognized with the 2012 ENERGY STAR® Sustained Excellence Award by the U.S. Environmental Protection Agency (EPA) for ongoing leadership in energy conservation, reduced greenhouse gas emissions and innovative energy efficiency practices. Raytheon received its award at an EPA ceremony yesterday in Washington, D.C.
Raytheon was selected for the Sustained Excellence Award from about 20,000 public and private sector ENERGY STAR partners. The company has received eight awards in its 12 years of participation in the ENERGY STAR program.
"It is a great honor to once again receive this outstanding recognition," said Raytheon Chairman and CEO William H. Swanson. "Since Raytheon joined the ENERGY STAR program, it has been exciting to see how passionate our teammates continue to be about Raytheon's sustainability efforts. They are constantly looking for new efficiencies and improvements that raise the bar, and their initiative helps simultaneously drive cost savings and protect our communities for future generations."
Raytheon's achievements in energy conservation are driven by a dedicated team of energy professionals who focus on identifying and implementing energy conservation strategies and measures throughout the company.
Their efforts resulted in numerous energy conservation and sustainability accomplishments in 2011, including:
- Reaching a 5 percent absolute reduction in energy consumption, resulting in more than $5 million in annual savings;
- Reducing 55,000 metric tons of greenhouse gas emissions, equivalent to removing the emissions of 11,000 vehicles per year;
- Engaging and empowering more than 37,000 employees to take a new "lifetime pledge" to everyday energy conservation practices;
- Training hundreds of "Energy Champions" to strengthen the company's network of 1,500 sustainability volunteers;
- Sharing company best practices with more than 1,100 people in industry and federal, state and local organizations, including both existing and prospective ENERGY STAR partners.
"As we celebrate the 20th anniversary of the ENERGY STAR program, EPA is proud to recognize Raytheon with the 2012 ENERGY STAR Sustained Excellence Award," said EPA Administrator Lisa P. Jackson. "Raytheon and all our ENERGY STAR award winners are helping Americans find cost-effective ways to save energy in everything we do, which is good for our climate, our health, and our future."
Raytheon Company, with 2011 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 90 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 71,000 people worldwide. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @raytheon.
SOURCE Raytheon Company