With a commitment to sustainability, energy efficiency and renewable energy, Raytheon is surging ahead as an industry leader in energy awareness and conservation. The company will receive the 2008 ENERGY STAR Award for Sustained Excellence in Energy Management on April 1 at a ceremony in Washington, D.C. This will mark the fourth time in eight years that Raytheon has received ENERGY STAR recognition.

“Raytheon’s employees truly understand the importance of sustainability and its effects on the planet and the economy,” said Taylor W. Lawrence, vice president of corporate Engineering Technology and Mission Assurance. “We are grateful that our first-class workforce is committed to energy awareness and conservation by helping the company win yet another ENERGY STAR Award.”

Raytheon, selected from more than 9,000 partners that participate in the ENERGY STAR program, is being recognized for sustained excellence — the highest honor given to partners. ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy.

Stewardship
Thanks to the efforts of employees, Raytheon saved an estimated $10 million in 2007 by reducing energy consumed by the equipment they use every day. Furthermore, some Raytheon facilities will be tapping into solar and wind energy resources to supplement traditional power systems, thereby further shrinking our environmental footprint.

The results of the company’s energy saving measures are substantial. Enough energy was saved in 2007 to power 10,000 U.S. homes for a full year. Ninety percent of Raytheon’s greenhouse gas (GHG) emissions are attributed to energy consumption. Since 2002, Raytheon has reduced its GHG emissions per dollar revenue by 28 percent and expects to meet its 33 percent reduction target by the end of 2009.

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