WALTHAM, Mass., March 6, 2007 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) has been named a 2007 ENERGY STAR Partner of the Year by the U.S.
Environmental Protection Agency for outstanding energy management practices
and reductions in greenhouse gas emissions.
The award to Raytheon in the industrial category is for superior
business and organizational energy management, education and outreach.
Award winners are selected from thousands of organizations participating in
the ENERGY STAR program. Raytheon's accomplishments will be recognized at
an awards ceremony to be held in Washington, D.C. March 21, 2007.
Raytheon's Energy Conservation for a Competitive Advantage program -
launched last year to engage and educate all employees in smart energy use
- resulted in an estimated $9 million in energy costs avoided during 2006
and helped keep Raytheon's businesses competitive. The estimated 271
billion BTUs (British Thermal Units) saved during 2006 could have powered
8,000 homes, represented a nine percent improvement in energy consumption
over 2005 when normalized for business revenue, and underscored a
companywide commitment to reducing energy consumption and greenhouse gas
emissions.
The Raytheon program - led by an enterprisewide team of energy experts
- has empowered 900 internal Energy Champions with responsibility for
energy conservation in specific work areas including the motivation of
fellow employees to identify and implement energy conservation measures.
Through benchmarking capabilities and communicating best practices, the
program is constantly expanding to educate all employees worldwide.
"This program is changing our work culture by modifying how we use and
manage energy in the workplace, and by measuring the impact of our
collective actions on energy consumption," said Dr. Taylor W. Lawrence,
vice president of Engineering, Technology and Mission Assurance, Raytheon
Company. "The Raytheon Leadership Team is extraordinarily proud of the
people throughout the company who are leading in the reduction of energy
use and demonstrating a substantial commitment to environmental
stewardship."
The 2007 Energy Star Partner of the Year award is the latest national
recognition of Raytheon's progress. On October 10, 2006, the International
Facility Management Association honored Raytheon with the George Graves
Award for Facility Management Achievement and identified the company as a
role model for the positive impact an organization can have on both the
bottom line and the environment.
Raytheon Company, with 2006 sales of $20.3 billion, is an industry
leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs more than 80,000
people worldwide.
About ENERGY STAR
ENERGY STAR was introduced by the U.S. Environmental Protection Agency
in 1992 as a voluntary market-based partnership to reduce greenhouse gas
emissions through increased energy efficiency. Today, ENERGY STAR offers
businesses and consumers energy-efficient solutions to save energy, money
and help protect the environment for future generations. More than 9,000
organizations are ENERGY STAR partners committed to improving the energy
efficiency of products, homes and businesses. For more information about
ENERGY STAR, visit http://www.energystar.gov or call toll-free 1-888-STAR-YES
(1-888-782-7937).
Contact:
Jon Kasle
781.522.5110
Maria Vargas, EPA
202.343.9451
vargas.maria@epa.gov
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
http://www.energystar.gov
CONTACT:
Jon Kasle of Raytheon Company,
+1-781-522-5110; or Maria Vargas of EPA, +1-202-343-9451, or
vargas.maria@epa.gov
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