Raytheon receives 6th consecutive ENERGY STAR Sustained Excellence Award
Reflects continued commitment to environmental stewardship
WALTHAM, Mass., March 27, 2013 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was recognized with a sixth consecutive 2013 ENERGY STAR® Sustained Excellence Award by the U.S. Environmental Protection Agency for ongoing leadership in energy conservation, reduced greenhouse gas emissions and innovative energy efficiency practices.
"EPA is recognizing the Raytheon Company for earning EPA's highest ENERGY STAR award -- the 2013 Partner of the Year - Sustained Excellence Award," said Bob Perciasepe, Acting Administrator, U.S. Environmental Protection Agency. "Raytheon leads the field with their commitment to energy efficiency and demonstrates how all Americans can save energy, save money, and create a healthier environment."
Raytheon was selected for the Sustained Excellence Award from about 20,000 public and private sector ENERGY STAR partners. The company has received nine awards in its 13 years of participation in the ENERGY STAR program.
"Energy conservation has long been an area of focus at Raytheon, and it is at the top of our list of 15 sustainability goals," said Raytheon Chairman and CEO William H. Swanson. "Yet achieving these goals and reducing energy consumption at a global company requires a committed and engaged team, which is something we are very fortunate to have at Raytheon. This recognition is a credit to the entire Raytheon team."
Raytheon's achievements in energy conservation are driven by companywide dedication by its employees. Their efforts resulted in numerous energy conservation and sustainability accomplishments in 2012, including:
- Building upon a strong energy culture to create more than 38,000 employee "Energy Citizens for Life," who are committed to promoting energy best practices.
- Implementing more than 200 energy projects -- with a goal of collectively avoiding an estimated $3 million annually in energy costs.
- Developing a continuous commissioning initiative to optimize heating, ventilation and cooling system operations.
- Integrating energy findings and activities into an overall lean manufacturing competition to further engage employees and align with strategic goals.
About the ENERGY STAR program
ENERGY STAR was introduced in 1992 as a voluntary labeling program designed to identify and promote energy-efficient products to reduce greenhouse gas emissions. Today, through its partnerships with more than 17,000 private and public sector organizations, ENERGY STAR delivers the technical information and tools that organizations and consumers can utilize to select energy-efficient solutions and best management practices. Over the last 20 years, with help from ENERGY STAR, American families and businesses have saved more than $230 billion on utility bills and prevented more than 1.8 billion metric tons of greenhouse gas emissions. For more about ENERGY STAR, visit http://www.energystar.gov/
Raytheon Company, with 2012 sales of $24 billion and 68,000 employees worldwide, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 91 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @raytheon.
SOURCE Raytheon Company