Renewable energy, or green power, is energy produced from renewable resources including solar, wind, geothermal, biogas and low-impact hydropower. Green power resources help protect human health and the environment by producing electricity without generating fossil-fuel based greenhouse gas emissions and other forms of air pollution.
TEN YEARS SUPPORTING RENEWABLE ENERGY
Raytheon has been supporting the renewable energy market for 10 years. We’ve bought or generated more than 250,000,000 kilowatt hours of renewable energy at many different Raytheon sites, including Aurora, Colorado; Indianapolis, Indiana; McKinney, Texas; Dallas, Texas; Andover, Massachusetts; and Tucson, Arizona. Since 2011 Raytheon’s Indianapolis facility has purchased renewable energy equal to 100 percent of its electricity use.
Our 2020 renewable energy goal is to increase the percent of renewable energy we buy or generate to five percent of our electricity. In 2017, three percent of our electricity came from renewable resources. In addition to Raytheon’s three onsite solar projects, the renewable energy came from wind farms in Texas and the Midwest.
Supporting Off-site Renewable Energy Projects
Raytheon is also supporting 13 new off-site renewable energy projects that add nine megawatts of capacity to the Massachusetts power grid. We entered multiple 20-year “solar net metering” contracts in which Raytheon agreed to purchase a large amount of the solar electricity without taking the renewable energy certificates. Raytheon’s long-term financial commitment, combined with support from local communities, made these projects possible.
Environmental Protection Agency Green Power Partnership
Raytheon is a partner in the U.S. EPA’s Green Power Partnership program. The program encourages organizations to use green power to mitigate the environmental impacts of conventional electricity. More than 1,300 partner organizations are voluntarily using billions of kilowatt-hours of green power annually. In 2017, Raytheon ranked in the top 50 on the Fortune 500 Partners List for the sixth consecutive year.
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.