FALLS CHURCH, Va. – Aug. 20, 2018 – Northrop Grumman Corporation (NYSE: NOC) released its 2017 Corporate Responsibility Report (CRR), highlighting the company’s ongoing commitment to corporate responsibility including diversity and inclusion; employee engagement; support for science, technology, engineering and mathematics (STEM) education; environmental sustainability; supplier diversity and ethics. This is the 11th year the company has published a corporate responsibility report.
“Global corporate responsibility, environmental sustainability, and social and corporate governance are fundamental to our business and our interactions with customers, employees, suppliers and the communities where we operate,” said Wes Bush, Northrop Grumman’s chairman and chief executive officer. “Building a best culture remains our objective and we achieve this by making continual progress on engagement, diversity and inclusion; staying true to our corporate values; and maintaining our steadfast commitment to high standards of ethics, integrity, compliance and exemplary corporate governance.”
The 2017 CRR is consistent with the Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines. GRI is a third-party organization that has developed a widely-used environmental, social and governance reporting framework. The report is also evaluated by an independent external review panel that provides feedback and advice from a stakeholder perspective. The CRR is available online at: http://www.northropgrumman.com/CorporateResponsibility/Documents/pdfs/2017-noc-cr-report.pdf
“Each year we publish this report and examine our corporate responsibility activities with the objective of informing our stakeholders of our progress and seeking areas where we can improve,” said Sandra Evers-Manly, Northrop Grumman’s vice president of global corporate responsibility, and president of the Northrop Grumman Foundation. “The global environment we operate in is ever diverse and changing. The corporate responsibility report helps us to keep pace with these dynamic conditions and gives us the opportunity to sustain our dedication to our values which are fundamental to our operations.”
Some 2017 report highlights include:
We continue to make progress toward achieving the goals of our five-year diversity plan. Among our achievements, female leaders increased from 25.2 percent in 2016 to 26.3 percent in 2017.
As we grow our business, we do so with sustainability in focus. In 2017 we exceeded our greenhouse gas emissions reduction goal and we maintained our commitment to achieve a 30 percent reduction by 2020.
Our annual training and ethics communications continued to support our values-based ethics program that allows our Northrop Grumman employees to maximize individual and company success.
Northrop Grumman and the Northrop Grumman Foundation continued their commitment to education by investing more than $20 million in STEM programs. Among our initiatives, for the first time the Northrop Grumman Foundation partnered with EarthEcho International, whose mission is to inspire young people worldwide to act now for a sustainable future.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information.