L3Harris Technologies is a leading technology company based in the United States of America that operates in the Electronics & Mission Systems sector. The company is focused on providing innovative solutions to its customers in the defense, intelligence, and commercial markets. With a history that dates back to the early 20th century, L3Harris has a long-standing reputation for delivering high-quality products and services that meet the needs of its customers.
In recent years, L3Harris has been actively pursuing decarbonisation and corporate energy initiatives to reduce its carbon footprint and increase its use of renewable energy. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of measures to achieve these goals.
One of the key initiatives that L3Harris has undertaken is the implementation of corporate power purchase agreements (PPAs) for renewable energy. PPAs are long-term contracts that allow companies to purchase renewable energy directly from a generator at a fixed price. By entering into these agreements, L3Harris is able to secure a stable source of renewable energy while also supporting the growth of the renewable energy industry.
In 2019, L3Harris signed a 12-year PPA with a wind farm in Texas that will provide the company with 100 MW of renewable energy. This agreement is expected to reduce L3Harris' greenhouse gas emissions by over 100,000 metric tons per year, which is equivalent to removing 21,000 cars from the road. The company has also signed PPAs for solar energy in Florida and North Carolina.
In addition to PPAs, L3Harris has implemented a range of other measures to reduce its carbon footprint and increase its use of renewable energy. The company has invested in energy-efficient technologies and practices, such as LED lighting and HVAC upgrades, to reduce its energy consumption. L3Harris has also installed solar panels at several of its facilities, including its headquarters in Melbourne, Florida.
L3Harris is committed to sustainability and has set ambitious targets to reduce its greenhouse gas emissions. The company has set a target to reduce its emissions by 30% by 2025, compared to a 2017 baseline. To achieve this goal, L3Harris is implementing a range of measures, including the use of renewable energy, energy efficiency improvements, and the adoption of low-emission vehicles.
In addition to its sustainability initiatives, L3Harris is also committed to corporate social responsibility. The company has a strong commitment to ethical business practices and has implemented a range of measures to ensure that its operations are conducted in a responsible and sustainable manner. L3Harris has a Code of Conduct that outlines its ethical standards and expectations for its employees, suppliers, and partners.
L3Harris is also committed to supporting the communities in which it operates. The company has a strong philanthropic program that supports a range of causes, including education, health, and the environment. L3Harris has donated millions of dollars to charitable organizations and has encouraged its employees to volunteer their time and expertise to support these causes.
In conclusion, L3Harris Technologies is a leading technology company that operates in the Electronics & Mission Systems sector. The company is committed to sustainability and has implemented a range of measures to reduce its carbon footprint and increase its use of renewable energy. L3Harris has set ambitious targets to reduce its greenhouse gas emissions and is actively pursuing decarbonisation and corporate energy initiatives. The company is also committed to corporate social responsibility and has a strong philanthropic program that supports a range of causes. L3Harris is a company that is committed to making a positive impact on the world and is a leader in sustainability and corporate social responsibility.