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Environmental Protection Agency Honors Boeing With Climate Leadership Award

Stocks in this article: BA

CHICAGO, Feb. 27, 2014 /PRNewswire/ -- Boeing [NYSE: BA] has received a Climate Leadership Award from the U.S. Environmental Protection Agency in recognition of its success in managing and reducing greenhouse gas emissions.

The Excellence in Greenhouse Gas Management Award for Goal Achievement was awarded to Boeing by the EPA in collaboration with the Association of Climate Change Officers, the Center for Climate and Energy Solutions and The Climate Registry.

"Boeing has made great strides in reducing greenhouse gas emissions," said Janet McCabe, acting assistant administrator for EPA's Office of Air and Radiation. "Their commitment to reducing carbon pollution demonstrates that efforts to address climate change are repaid by saving money and energy, while supporting more livable and resilient communities and a healthier, better protected environment."

Presented at the third annual Climate Leadership Conference in San Diego, the award recognizes organizations that publicly report and verify corporate greenhouse gas inventories and achieve aggressive emissions reduction goals. Through the Climate Leaders program, Boeing set a goal of reducing absolute emissions from its U.S. operations by 1 percent from 2007 to 2012 and surpassed it.

"We are honored to receive the EPA's Climate Leadership Award for exceeding our greenhouse gas emissions reduction goal," said Kim Smith, Boeing vice president of Environment, Health and Safety. "Our success is the result of the collective efforts of the entire Boeing team. With our culture of continuous improvement and dedication to environmental leadership, we are committed to achieving our new goal of zero growth for our greenhouse gas emissions by 2017, during a time of tremendous business growth."

Boeing achieved these emissions reductions through its employee involvement and energy conservation programs, which involved implementing energy efficiency projects such as upgrades to lighting and heating, venting and air conditioning systems and the use of renewable energy. Boeing uses hydroelectric and renewable energy sources for nearly half of its total domestic electricity consumption.

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