Raytheon promises 10% cut in gas emissions
Raytheon Co., the Waltham defense contractor, promised to reduce its US greenhouse gas emissions by 10 percent between 2008 and 2015.
The company said it reduced greenhouse gas emissions from its US operations by 38 percent between 2002 and this year, adjusting for revenue and inflation. This equates to 275,000 metric tons of greenhouse gas emissions.
Raytheon said it upgraded chillers, boilers and heating, ventilating and air conditioning systems, installed high-efficiency and sensor-controlled lighting, converted to variable-speed drives for motors, pumps, and fans and made other improvements.
Shares rose 16 cents to $46.02 in afternoon trading.