GlobalData offers a comprehensive analysis of L3Harris Technologies , 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 L3Harris Technologies ‘s ESG performance. GlobalData’s company profile on L3Harris Technologies 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.

L3Harris Technologies, an US-based aerospace & defense technology provider, has set an ambitious goal to achieve net-zero emissions across their facilities in the UK only by 2050. The company focus on reducing GHG emissions is one of the three key focus areas of their environmental sustainability strategy. GHG emissions and energy usage are managed through a GHG Reporting Procedure that applies to all company locations worldwide. In 2022, L3Harris initiated third-party verification with an external assurance provider covering their Scope 1 and 2 GHG emissions in line with the ISO 14064-3 standard. L3Harris continues to evaluate the feasibility of making an enterprise-wide net-zero commitment. L3Harris Technologies’ latest filings mentioned the keywords ‘Emissions’ and ‘Climate Change’ most number of times in relation to ‘Climate Change’.

In 2022, the company’s Scope 1 emissions amounted to 72,103 tonnes of carbon dioxide equivalent while the Scope 2 location-based emissions amounted to 189,265 tonnes of carbon dioxide equivalent, and Scope 2 market-based emissions amounted to 89,550 tonnes of carbon dioxide equivalent. In addition to the company’s GHG reduction efforts, it identifies, assesses and manages climate-related risks and opportunities through numerous controls and processes embedded in our operations. In 2022, the company continued implementation of the Climate and Water Risk Management Plan (CWRMP) and its integration into the ERM system.

In 2022, L3Harris Technologies reduced their annual water usage by 102 megaliters, contributing to a cumulative impact of a 20% reduction from the 2019 baseline. Further, the company has committed to achieving a 75% solid waste diversion rate from landfill by 2026. L3Harris’ approach to managing solid waste generation is to optimize resources rather than manage discards. Priority is given to source reduction, reuse, recycling, composting and energy recovery before landfill disposal.

In conclusion, to achieve net-zero emissions target across the facilities in the UK by 2050 and other climate change related targets, L3Harris Technologies strives to create a sustainable culture across the enterprise by increasingly focusing on implementing environmental strategies to reduce GHG emissions, water usage, and increase waste diversion which are tracked via their Environmental Sustainability Management System.

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