GlobalData offers a comprehensive analysis of General Dynamics, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on General Dynamics‘s ESG performance. GlobalData’s company profile on General Dynamics offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

General Dynamics, a US-based aerospace and defense company, has committed to achieving 40% reduction in carbon emissions by 2034. The company has not yet announced a specific target year for achieving this goal. Further, it has set specific targets for reducing scope 1, scope 2, and scope 3 emissions. In 2021, General Dynamics' Scope 1 emissions amounted to 313,413 metric tonnes of CO2 equivalent while Scope 2 emissions stood at 439,710 metric tons of CO2 equivalent. General Dynamics’ latest filings mentioned the keywords ‘Emissions’ and ‘Climate Change’ most number of times in relation to ‘Climate Change’.

The company aims towards achieving these targets by empowering individual business units to set and create their own GHG emission pathways. In 2021, each business unit set their own target and achievement roadmap to align with the overall corporate target. These pathways feature initiatives like energy efficiency projects, procuring renewable energy, and fuel switching. In 2021, General Dynamics has achieved a 22% reduction in GHG emissions from 2019. Further, the company has invested in energy-efficient technologies, such as LED lighting and energy-efficient HVAC systems, and has implemented recycling programs at its facilities.

General Dynamics committed to continue investing in energy-efficient technologies and explore renewable energy options. Further, the company has also committed to reporting its emissions performance annually in its Corporate Sustainability Report.

In conclusion, General Dynamics has set specific targets to achieve significant reduction in carbon emissions. The company is exploring innovative ways to design aircraft and adopting a holistic approach to mitigate noise and GHG emissions aligned with key customer expectations.

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