Helping Suppliers Reduce Carbon Emissions
Lockheed Martin launched the RENEWAY program that provides U.S. and international suppliers across the aerospace and defense industry a runway to educational resources and action pathways for reducing carbon emissions by accelerating the adoption of renewable electricity. The program, managed by Schneider Electric, provides critical resources and expert consultation for suppliers at any stage of their decarbonization journey to navigate the array of options within the renewable energy market and create a procurement strategy. In the initial launch in 2023, Lockheed Martin invited 2,000 small manufacturing suppliers to the program, while making RENEWAY available to all suppliers on our website. Suppliers gain critical support and renewable electricity education at no cost to them through corporate sponsorship. This program was spotlighted as a best practice at the 2023 International Aerospace Environmental Group (IAEG) conference in London with the intent to encourage other aerospace and defense companies to join Lockheed Martin as sponsors.