Northrop Grumman Environmental Efforts Recognized

MarineLink.com
Tuesday, September 24, 2013

Northrop Grumman Corporation has been recognized as a leader for the company's actions to reduce carbon emissions, mitigate the risks of climate change and for the quality of its climate change data by CDP on two of its listings.

The achievement was announced in the CDP S&P 500 Climate Change Report 2013, which tracks how America's largest listed companies are acting in response to environmental sustainability. CDP, formerly known as the Carbon Disclosure Project, is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information.

"Northrop Grumman is committed to providing solutions that advance environmental security and sustainability to reduce the impact of our business operations on the environment," said Wes Bush, chairman, chief executive officer and president. "We believe in leading by example and are proud of the progress we are making in sustainability. Leadership recognition by CDP is welcome acknowledgment of our performance."

This is Northrop Grumman's second consecutive year on CDP's Carbon Performance Leadership Index (CPLI), which this year highlighted 36 companies listed on the Standard & Poor's 500 index. Inclusion in the CPLI reflects achievement of a minimum absolute greenhouse gas (GHG) emission reduction and third-party verification of their GHG inventory. Northrop Grumman reduced absolute emissions four percent from the previous year and received "reasonable assurance" for its GHG emissions inventory and data management processes for performance years 2010-2012.

For the first time, Northrop Grumman achieved a position in CDP's S&P 500 Climate Disclosure Leadership Index (CDLI) for evidence of a strong approach to disclosure of corporate strategy, governance and GHG emissions inventory. Out of a possible 100, Northrop Grumman received a disclosure score of 99, placing it among the top one percent of participating companies, and highest among industry peers. The CDLI is comprised of companies that demonstrate strong actions to reduce GHG emissions as well as mitigation and governance strategies to allay the risks and act on opportunities related to climate change impacts to business operations.

Northrop Grumman has consistently improved its standing in these annual indexes since launching the company's environmental sustainability program, greeNG, in 2009. The company recently announced that it had achieved its greenhouse gas reduction goals two years ahead of plan through a balanced strategy that prioritized energy efficiency and resource conservation.

northropgrumman.com
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

No Lift for Konecranes as Q1 2014 Profit Slips

Finnish crane maker Konecranes on Thursday reported a 32-percent fall in its core quarterly operating profit amid slow demand and tight competition. January-March operating profit,

GulfMark Offshore Records Highest Ever Q1 Revenue

Houston-based GulfMark Offshore President & CEO Quintin Kneen commented on his company's first quarter 2014 financial report: "We recorded our highest first quarter revenue ever,

Canadian Icebreaker Refit Contracts Awarded

The Canadian Government informs it has awarded a $6.5 million contract to Babcock Canada Inc. for critical refit work for Canadian Coast Guard ship 'CCGS Louis S.

Environmental

Huge Iceberg Broken off Antarctica Heads for Open Ocean

Scientists are monitoring an iceberg roughly six times the size of Manhattan - one of the largest now in existence - that broke off from an Antarctic glacier and is heading into the open ocean.

Offshore Oil & Gas: Brazil’s Northern Frontier

In an effort to spread out oil and gas production to other parts of the country and increase overall oil production, Brazil has finally intensified hydrocarbon

RINA Launches Notation for Eco-ships

International classification society RINA has launched a new voluntary notation to clearly identify new ship designs which meet eco-ship criteria. The Efficient

News

Mitsui O.S.K. Ship Ready To Leave Chinese Port

Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

Body Of Korean Boy Who Raised Alarm On Sinking Ferry Found

The body of a South Korean boy whose shaking voice first raised the alarm that a passenger ferry with hundreds on board was in trouble has been found, his parents believe,

UASC Introduces New Asia - Europe Network

UASC has introduced its new Asia – Europe Network with three new services (AEC1, AEC3, AEC4), and two enhanced services (AEC8, AEC9). These services will broaden

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1817 sec (6 req/sec)