L3Harris

Aerojet Rocketdyne
Florida
Capital Goods

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

L3Harris vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, it has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children. L3Harris signed a letter supporting the Equality Act and is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. L3Harris pledged $100k to BLM and related causes and is a copper sponsor of Out & Equal. For these reasons, L3Harris receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

L3Harris has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index. Among other requirements, this means L3Harris has pledged to vet vendors based on LGBTQ policies (1)(2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

L3Harris donates to various community-based organizations and prioritizes STEM education programs and supporting military families (1). The company does not discriminate against religious organizations in its charitable giving (2).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

L3Harris does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

L3Harris signed an open letter in support of the Equality Act (1). Former CEO William M. Brown signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (2). Aerojet Rocketdyne’s CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (3). L3Harris celebrates pride through its social media and participates in unconscious bias training for all of its employees (4)(5).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

L3 Harris has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). L3Harris pledged $100,000 to the Black Lives Matter movement and related causes (3)(4). L3Harris is a copper sponsor of Out & Equal (5).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

L3Harris has not used its PAC donations for ideological purposes (1)(2).

All links were last accessed and all information was updated on:
November 30, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/21/23SocialN/A - UndisclosedReport on LobbyingAgainst37.30%
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