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Raytheon Company

Sustained Excellence
Raytheon Company
Waltham, Massachusetts

Raytheon Company is a technology leader specializing in aerospace defense and related supply systems. This is the first time Raytheon has received ENERGY STAR Sustained Excellence recognition. The award honors Raytheon's outstanding accomplishments, from its corporate-wide energy management program to the creation of a true energy efficiency culture among the company's 73,000 employees. Key accomplishments include:

  • Achieving an almost 4 percent reduction in energy consumption in 2007 alone, equivalent to reducing the company's overhead costs by $9 million and equating to an additional $90 million in annual revenues.
  • Reducing energy consumption on an absolute basis by close to 12 percent over the past 5 years, despite an increase in revenue of $6.6 billion.
  • Enrolling more than 1,500 employees as Energy Champions, introducing a new employee energy efficiency education campaign, engaging employees' children in a "Kids R Cool" contest, and recognizing winning photographs about energy, the environment, climate change, and similar issues in a 2008 employee calendar.

In response to the release of Energy Strategy for the Road Ahead, a new report assessing business risks and opportunities and the future of energy and the environment, Raytheon's corporate leadership encouraged a new look at its management strategy for energy-related risks to business performance. After taking an even more critical look at its own energy impacts, the company expanded its strategy to work "upstream" with its suppliers and "downstream" on the energy use in the products Raytheon sells customers. Raytheon has pledged to reduce greenhouse gas emissions in its U.S. operations by 33 percent per dollar of revenue from 2002 to 2009 through EPA's Climate Leaders program.