Amidst rapidly changing geopolitical and business environments, our commitment to a culture of innovation remains strong. Technological advancements have shaped who we are, and our story continues to unfold.
Our Trusted Disruptor strategy is clear - we strive to deliver innovative, resilient, mission-critical solutions for U.S., allied and partner national security needs. As we continue to execute that strategy, we must conduct our business in a way that protects future generations through our operations and our impact on our communities.
In 2023, we continued to make progress toward a sustainable future. Across the enterprise, we invested in numerous innovative initiatives. Examples include:
- Our Elm Branch Solar Farm in Texas helped us exceed our greenhouse gas (GHG) emission reduction target of 30%.
- We executed four renewable energy contracts - one at our San Diego, California, site to install a solar carport to address approximately 95% of the site's electrical load and three offsite solar projects in Rochester, New York to address around 50% of the electrical load for five of our locations.
- We received the prestigious 2023 Texas Environmental Excellence Award from the State of Texas for improving water efficiency within Alodine rinse water tanks at our Greenville, Texas, site.
- We built a condensate recovery system at one of our Greenville, Texas, paint hangar bays and collected 800,000 gallons of water in just the first few months of operation.
At L3Harris, we recognize that we achieve goals together, and our company performs best, when our employees feel included, connected and committed to their work. Last year we implemented several programs to further embed this mindset into our workplace culture, including creating two new Employee Resource Groups and an LGBTQ+ Self-ID program. We also launched DE&I Champions, an inaugural learning program, enabling employees to build on their DE&I skillsets and behaviors.
We remain steadfast in ensuring that our political activities follow our policy to conduct business ethically, transparently and in compliance with law. This past year, we enhanced our oversight and compliance procedures related to political activities and established a new webpage to serve as a central repository for our political advocacy, lobbying and political contribution disclosures.
Our values of integrity, excellence and respect will continue to guide us in driving positive change. As part of our approach to continuous improvement, we have reevaluated our environmental, social and governance focus areas and are working to more fully integrate them into our larger sustainability strategy. Together, we remain committed to making measurable strides toward a more sustainable future for generations to come.
CHRISTOPHER E. KUBASIK
Chair and Chief Executive Officer