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L3Harris Receives High Marks on Sustainability Performance RankingOctober 3, 2023 | L3Harris Technologies
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L3Harris Technologies has ranked second out of 103 global aerospace and defense companies for its sustainability performance, according to a new report. Morningstar Sustainalytics conducted the independent annual ranking of public companies.
To drive the ranking, L3Harris performed well in several sustainability areas, including its strategy and tactics to reduce emissions.
“Renewable energy initiatives helped us surpass the goal of reducing greenhouse gas emissions by 30% three years ahead of our 2026 commitment,” said Byron Green, Vice President, Global Operations, L3Harris. “Increasing the amount of renewable energy within our portfolio from 4% in 2021 to 31% in 2022 was the determining factor in our success.”
L3Harris also received favorable marks for its track record of reducing employee recordable injuries year-over-year.
L3Harris’ sustainability program is focused on continuous improvement across various Environmental, Social and Governance (ESG) areas. The Sustainalytics ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing them.
L3Harris Technologies received two contracts worth up to $134 million to update portions of the Department of Defense’s (DoD) space domain awareness mission.
Creation Technologies, an end-to-end, scalable Specialty Global Electronics Manufacturing Services provider, announced that it has signed a multi-year agreement with L3Harris Technologies to supply circuit card assemblies, cables and connectors for a multitude of mission critical defense programs.
L3Harris Technologies is the recipient of two prestigious U.S. Department of Defense (DoD) awards for excellence in security and counterintelligence.
L3Harris Technologies announced orders totaling $160 million from the Marine Corps for multi-channel handheld and vehicular radio systems, bringing total program orders to $336 million.
Zapata Computing, the software company building solutions to enterprises’ most computationally complex problems, announced that it has delivered 30 quantum computing challenge scenarios to the Defense Advanced Research Projects Agency alongside L3Harris and several other industry leaders.