L3Harris Announces 2030 Sustainability Goals

MELBOURNE, Fla., Aug. 8, 2024 - L3Harris Technologies (NYSE: LHX) has announced new sustainability goals that further demonstrate its commitment to environmental stewardship. By 2030, L3Harris plans to reduce greenhouse gas emissions by 60%, water use by 20%, and solid waste by 10%. In addition, L3Harris is committing to sourcing 40% of its total electricity from renewable sources.

"L3Harris remains dedicated to upholding environmentally conscious practices, and we are committed to meeting our new goals in support of a more sustainable future," said Christopher E. Kubasik, Chair and CEO, L3Harris. "These efforts have a direct impact on our business operations by reducing production costs, promoting energy efficiency, creating business resiliency and driving innovation."

L3Harris exceeded its previous goals to reduce greenhouse gas emissions and water use three years ahead of schedule due to investments in strategic and innovative initiatives. Building on this success, L3Harris established two additional goals, decreasing solid waste and increasing renewable energy for total electricity use. All 2030 goals will be measured against a 2021 performance baseline.

The company's Board of Directors oversees environmental, social and governance efforts, with a focus on continuous improvement across various areas and priorities. Benchmarking, data capture, industry standards, regulatory requirements, and other sources influence the company's environmental sustainability approach, which includes detailed metrics to measure progress and success.

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about 2030 sustainability goals or the company's other environmental, social and governance efforts are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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