Approach and Strategy
APPROACH AND STRATEGY
Raytheon is committed to open and transparent reporting, and our 2017 Corporate Responsibility Report evolves our disclosures further by introducing several important changes to our overall approach. This year we have significantly enhanced our digital report experience, providing greater flexibility in the presentation of information, and making it easier for readers to locate information.
We also included a section on cybersecurity this year, to acknowledge both its importance for securing critical infrastructure, commercial businesses and nations, and Raytheon’s responsibility to address the threat as a leader in this domain.
The result is a more accessible presentation of our corporate responsibility activities — and a clear expression of what Raytheon is doing to engineer a safer world.
Raytheon is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. As such, our products and services play a vital role in protecting the sovereignty of nations and the safety and security of service members and citizens.
These trusted, innovative solutions reflect our practice of integrating sustainability into product design and manufacturing, and engineering innovation and excellence into each product’s entire life cycle. Responsible design gives us greater control over products along their entire life cycle, enabling Raytheon to enhance and improve these products to perform with greater efficiency and agility.
Our energy, water, greenhouse gas and waste reduction programs reflect our close collaboration with stakeholders, the innovation and engagement of our people and our commitment to operational excellence. We benchmark our performance and regularly set new goals that help ensure that we minimize emissions, resources and waste within our operations.
IN 2016, WE ESTABLISHED 14 SUSTAINABILITY GOALS FOR 2020 TO KEEP US FOCUSED ON ENGINEERING A SUSTAINABLE FUTURE.
As a manufacturer and systems integrator, we incorporate sustainability into our planning, decision-making and day-to-day operations. We continue to invest in new technologies that improve efficiency, reduce costs and natural resource consumption, and optimize space and employee safety within our facilities.
We’re also working with our supply chain partners to share our knowledge and best practices and encourage initiatives that improve their businesses and boost their sustainability performance.
As our world becomes more connected, societies face a growing and evolving threat of cyber attacks that can compromise national and personal security and disrupt critical infrastructure and business operations. Raytheon has the people and technology to make an important contribution by protecting information and infrastructure.
As we continue our pioneering work in the intelligence and defense arenas, we’re translating technologies into commercial solutions that benefit Raytheon, our business partners and the government and commercial sectors.
We also partner with government and industry to improve our collective ability to deter adversaries and maintain the strategic advantage our U.S. and allied forces currently have in today’s dynamic and challenging geopolitical environment.
We foster an inclusive environment that honors our differences, encourages the exchange of information and new ideas and makes it possible for everyone to thrive and succeed. We hone our ability to use our differences, as individuals and teams, to drive growth and take targeted actions to ensure our workforce provides opportunity for all.
This allows us to better retain and attract the world-class talent and the supplier base we need to develop the innovative solutions our global customers depend on.
Raytheon supports armed service members who stand in harm's way. Our evolving economy and future prosperity depend on building a world-class workforce and a sustainable talent pipeline.
These two business imperatives focus Raytheon on two key social priorities: supporting military families and veterans, and promoting STEM education. This agenda resonates with Raytheon employees, many of whom maintain military connections through their own service or the service of family members.
This focused approach to corporate responsibility reflects not just Raytheon's values, but also the key priorities of our external stakeholders. These shareholders, customers, supply chain partners, sustainability leaders and community partners all value corporate responsibility and participate in our success.
MISSION AND VALUES
We advance our mission through a culture that encourages diverse perspectives, and that's guided by our shared values.
Raytheon’s Five Core Values
We operate as one global team creating trusted, innovative solutions to make the world a safer place. Our strength comes from our diverse backgrounds and ideas; our values guide how we work together to support our inclusive culture and deliver the innovative solutions on which our customers depend. We believe our values must be lived, not read. That’s why we continue to engage our 63,000 employees on what our values — trust, respect, collaboration, innovation and accountability — look like in action. From employee-generated storytelling to leadership engagement, we ensure our values are reinforced and embedded as behaviors within the context of our work environment.
CSR CIVIC 50
CORPORATE RESPONSIBILITY REPORT
This year’s report provides a detailed overview of Raytheon’s corporate responsibility initiatives, highlighting our efforts to enrich the lives of people, strengthen our performance and reduce our environmental footprint.
Click below to download the full report or build your own.