Raytheon Technologies Corp
Aerospace & Defense
Company Summary
Raytheon Technologies Corporation is a leading defense and aerospace company focused on advancing sustainable technologies in its operations. The company’s ESG rating is positively influenced by its efforts in energy efficiency and green technologies, particularly in the aerospace and defense sectors. Raytheon’s commitment to carbon reduction and environmental sustainability in product development is notable. However, the company faces scrutiny over its involvement in military contracts, raising concerns about its human rights and environmental impact. Governance issues also remain a concern due to the nature of its defense business. Despite these challenges, Raytheon remains focused on sustainability and innovation within its industry. For more insights, refer to the Raytheon Technologies ESG report.
ESG Rating Overview
LSEG
Overall ESG Rating :
FAQ
What is Raytheon Technologies' ESG score?
Raytheon Technologies holds a ESG score of 68, primarily due to its strong corporate governance and growing focus on environmental sustainability. However, its involvement in defense contracts poses challenges for its overall social responsibility ratings.
How does Raytheon Technologies address ESG challenges?
Raytheon focuses on reducing environmental impact through energy-efficient technologies in its operations and manufacturing practices. The company is also committed to diversity and inclusion and ensuring ethical business practices across its supply chain.
What social responsibility programs does Raytheon Technologies have?
Raytheon supports various initiatives, including STEM education, military veteran support, and ethical sourcing. It also promotes diversity, inclusion, and social equity within its workforce.
