Lockheed Martin
Corprate Bias Ratings
Risk Level:
Summary:
Lockheed Martin vets vendors according to LGBTQ policies and does not provide viewpoint protections for its employees. However, Lockheed Martin 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. Lockheed Martin is a Silver sponsor of Out and Equal and a corporate partner of the National LGBT Chamber of Commerce. Its CEO signed the CEO Action for Diversity & Inclusion pledge. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. For these reasons, Lockheed Martin receives a Medium Risk rating.
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.
Lockheed Martin received a 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). Lockheed Martin requires suppliers not to discriminate based on sexual orientation (3). However, Lockheed Martin has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Lockheed Martin will not match employee donations to churches or religious organizations (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Lockheed Martin does not provide viewpoint protections for its employees (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Lockheed Martin’s CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (1). Former CEO Marillyn A. Hewson signed the Business Roundtable’s 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (2).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Lockheed Martin 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). Lockheed Martin is a Silver sponsor of Out and Equal and a corporate partner of the National LGBT Chamber of Commerce (3)(4).
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 Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 4/27/23 | Environmental | As You Sow, on behalf of the Remmer Family Foundation, Inc. | Net-zero Targets and Climate Transition Planning | Against | 35.40% |
| 4/27/23 | Governance | John Chevedden | Independent Board Chair | Against | 28.30% |
| 4/27/23 | Social | Sisters Charity of St. Elizabeth | Human Rights Impact Assessment | Against | 13.70% |
| 4/21/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 46.64% |
| 4/21/22 | Social | Sisters of Charity of St. Elizabeth | Report on Human Rights Impact Assessment | Against | 20.20% |