FALLS CHURCH, Va., Sept. 24, 2014 /PRNewswire/ -- Northrop Grumman
Corporation (NYSE: NOC) has been recognized by the Carbon
Disclosure Project (CDP) for a third consecutive year for reducing
greenhouse gas (GHG) emissions and business risks associated with
environmental impact.
Northrop Grumman was recognized in the CDP S&P 500 Climate
Change Report 2014, which tracks the progress America's largest
publicly traded companies are making toward achieving environmental
sustainability. The report recognizes companies that receive the
highest rating for their climate performance assessment and ability
to demonstrate a high level of transparency and data quality in
their disclosure of climate-related information. CDP is a nonprofit
organization that gathers environmental information on behalf of
investors.
"Earlier this year we committed to a 30 percent reduction in GHG
emissions by 2020," said Wes Bush,
chairman, chief executive officer and president. "Our 2020 goal
reflects our commitment to sustainability as a driver of
performance and value creation for employees, shareholders,
customers and the communities in which we operate. The CDP
results affirm that we are headed in the right direction."
This is Northrop Grumman's third consecutive year on CDP's
Carbon Performance Leadership Index, which this year highlighted 34
companies listed on Standard & Poor's 500 index for their
ability to achieve a minimum absolute greenhouse gas emission
reduction and third-party verification of their GHG inventory.
Northrop Grumman was among the companies receiving the highest
level of third-party verification for a third consecutive year. For
a second consecutive year, Northrop Grumman also earned distinction
on CDP's Standard & Poor's 500 index Climate Disclosure
Leadership Index for evidence of a strong commitment to
transparency of its environmental sustainability program and
performance. Out of a possible 100, Northrop Grumman received a
disclosure score of 98, a top score among aerospace and defense
companies, and in the top 1 percent of participating companies.
Northrop Grumman's sustainability program balances energy and
resource use reductions with alternative and renewable
technology to achieve emissions reductions. In addition to GHG
reduction, the company has deployed solid waste generation and
water use best management practices, and is on track to achieve its
targets in all these areas by the end of 2014.
Northrop Grumman is a leading global security company providing
innovative systems, products and solutions in unmanned systems,
cyber, C4ISR, and logistics and modernization to government and
commercial customers worldwide. Please visit
www.northropgrumman.com for more information.
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SOURCE Northrop Grumman Corporation