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Thursday, September 24, 2009

Raytheon exceeds emission-reduction goal

By Jackie Noblett

Raytheon Co. has been recognized by the U.S. Environmental Protection Agency for meeting specific greenhouse gas emission-reduction goals under the agency’s Climate Leaders program, the EPA announced Thursday.

The Waltham-based defense contractor (NYSE: RTN) is a charter partner in the program and pledged to reduce emissions from its U.S. operations by 33 percent from 2002 through this year. The company exceeded its goal, cutting greenhouse gas emissions by 38 percent a year ahead of schedule. The reductions equate to the emissions from electricity consumed by 36,400 homes in a year.

Raytheon has now set a second goal to cut emissions by 10 percent from 2008 through 2015.

Nearly 30 New England companies participate in the voluntary program, which requires annual reporting of emissions and a commitment to reduce greenhouse-gas output over set time periods.
 

 

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