L3Harris Technologies published its annual Sustainability Report, highlighting the company’s strategy for, and progress within, its Environmental, Social and Governance (ESG) program.

“We continue to make meaningful strides with our ESG efforts as they become engrained in the L3Harris culture,” said Christopher E. Kubasik, Vice Chair and CEO. “We advanced in key areas including environmental impact, employee engagement, and governance standards which we expect to further long-term value for all.”

L3Harris made progress toward its 2026 goals to reduce greenhouse gas emissions by 30%, water consumption by 20% and increase diversion of waste to landfills by 75%. A key 2021 highlight was the successful start of commercial operations for an L3Harris-funded, 1350-acre solar farm – built with the help of military veterans – that will eliminate roughly 110,000 metric tons of CO2 per year.

See related article: Associated Bank Releases 2021 Environmental, Social and Governance (ESG) Report

Throughout the year, L3Harris provided a safe work environment and met government COVID-19 guidelines in support of onsite employees, while making available additional, virtual resources to assist all employees. The company expanded its diversity, equity, and inclusion efforts by investing in resources to drive impact at every organizational level.

L3Harris’ framework to manage and evolve its long-term ESG priorities is overseen by the Board of Directors, and its transparency approach aligns with the Global Reporting Initiative, the Sustainability Accounting Standards Board and the Task Force on Climate-Related Financial Disclosures.

The full 2021 Sustainability Report is available here.

Source: L3Harris Technologies

ESG News Editorial Team

The ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and corporate governance. Our desk monitors daily developments from the SEC, IFRS, CSRD and international regulatory bodies to ensure our 1M+ readers receive accurate, data-driven insights into the evolving sustainable investment landscape. Follow the ESG News Editorial Team for expert reporting on global sustainability standards, ESG disclosures, and climate policy. Access over 10,000 investigative reports and real-time updates.