L3Harris

Aerospace / Defense
LHX
$ 229 0.99
Share price
$ 44 bn
Market Cap
$ 51 bn
Enterprise Value

Carbon footprint

5.3 Ton
GHG emissions per $ 1 mln investment
0.14x the weighted average for S&P 500
FY2021
How is this calculated?
-15%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-1.9%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

L3Harris aims to reduce Scope 1 + 2 by 30% by 2026 from a base year 2019


This target has not been verified as science based according to SBTi
L3Harris's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

L3Harris's GHG emissions (market-based) (Kt of CO2e)
L3Harris's Carbon intensity (Tons per 1 USDm)

L3Harris's carbon footprint

L3Harris reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 270 Kt (-47 /-14.9% y-o-y). Also positively, carbon intensity declined to 17 t (-34 /-66% y-o-y).

L3Harris's Scope 3 emissions was down at 98 Kt (-3.6 /-3.5% y-o-y). The rate of decline has slowed compared to the trend since 4Q'19 (CAGR -11.6%).

The company is committed to reducing Scope 1 + 2 by 30% by 2026 from a base year 2019, which translates into the estimated reduction of -5.2 Kt per annum over the period of FY2022 - FY2026. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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