A Message From Our Chairman, President and Chief Executive Officer
In February 2022, Teledyne issued its inaugural
Social Responsibility (CSR) Report
. In that report, we set a goal to reduce our Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions in company operations, normalized for revenue, by 40% from 2020 levels by the end of fiscal year 2040 — a goal which we refer to as “40 by 40.” I am pleased to report that in just one year our 2021 Scope 1 and Scope 2 GHG emissions, divided by sales, decreased approximately 21% compared with 2020. This was largely due to our May 2021 acquisition of FLIR Systems, Inc., which has a lower carbon footprint on a per revenue basis. However, we also eliminated approximately 600,000 square feet of manufacturing and office space reducing our physical footprint and energy needs.
Our inaugural CSR report highlighted numerous Teledyne products and technologies that contribute to the study of climate change and the monitoring of the health of our oceans, waterways, and atmosphere. I am proud of Teledyne’s efforts to create products and provide services that make our world a better place.
In fact, Teledyne is unique in providing specialty environmental monitoring sensors and instrumentation utilized in all domains from deep sea to outer space. Our autonomous underwater floats and vehicles measure ocean temperatures throughout the entire water column – from the surface to the perpetually dark abyssal zone, while our ambient air monitoring instruments provide data on the concentration of chemicals and particulates in the air we breathe.
Measurement from space remains the most cost effective and comprehensive way to study greenhouse gas emissions and climate change. Teledyne’s imaging sensors are used in multiple satellite missions to monitor carbon dioxide and methane across the globe. These include NASA’s Orbiting Carbon Observatory-2, launched in 2014, the soonto- be launched Environmental Defense Fund MethaneSat, and NASA’s Geostationary Carbon Observatory (GeoCarb), expected to be launched in 2024. This will be followed by the European Space Agency’s (ESA) Copernicus Anthropogenic Carbon Dioxide Monitoring (CO2M) mission in 2025. In addition to greenhouse gases, Teledyne’s space-based sensors will also be used to study plant health, sustainable agricultural and biodiversity management, as well as soil property characterization on missions such as ESA’s Copernicus Hyperspectral Imaging Mission (CHIME).
Of course, making the world a better place also means expanding the frontiers of human knowledge. The James Webb Space Telescope (JWST), the successor to NASA’s Hubble space telescope, was launched on December 25, 2021, and the first images from JWST were released to the public in July 2022.
Teledyne infrared detectors are used on three of the four instruments and represent 95% of all imaging pixels on the JWST. In its short operational existence, the JWST has already made discoveries that are reshaping the field of astronomy.
While the JWST is designed to view the deepest and oldest parts of the universe, it does so with a narrow field of view. On the other hand, NASA’s next astrophysics flagship mission, the Nancy Grace Roman Space Telescope, has a very wide field of view and will create enormous panoramas of the observable universe using infrared and visible light detectors exclusively designed and built by Teledyne.
We are again happy for the opportunity in this our second CSR Report to showcase the ways Teledyne helps improve our health, the environment, and our understanding of the world.
Click to download - Teledyne Technologies 2022 Corporate Social Responsibility Report (PDF)
Chairman, President and
Chief Executive Officer
November 9, 2022