Lockheed Martin

InfluenceMap Score
D+
Performance Band
n/a
Organisation Score
42%
Relationship Score
Sector:
Industrials
Head​quarters:
Bethesda, United States
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Lockheed Martin has limited engagement on climate change via top-line messaging or detailed lobbying on climate-related policy in 2019-22. However, the company has expressed support for the energy transition and limited pieces of climate legislation in Australia and the US in 2020. The company remains a member of numerous US-based trade associations actively lobbying against climate regulation, including the US Chamber of Commerce and the National Association of Manufacturers.

Top-line Messaging on Climate Policy: Lockheed Martin does not appear to have disclosed its top-line positioning on climate change in 2019-21. In key communications, such as its 2019 Sustainability Report or its 2019 10-K Report, Lockheed Martin has not disclosed its position on the need to reduce GHG emissions, the need for government regulation, or the Paris Agreement. Communications in 2020 from Lockheed Martin recognize some of the science of climate change.

Engagement with Climate-Related Regulations: In 2019-21, Lockheed Martin appears to have had limited engagement with climate policy, although the company has supported items of regulation in Australia and the US. In 2020, a consultation response by Lockheed Martin on the Federal Government’s Technology Investment Roadmap in Australia communicates general support for funding ARENA and CEFC, urging the government to support innovative battery storage technologies. Furthermore, Lockheed Martin’s 2020 CDP response suggests support for extending California’s cap and trade scheme to 2030. Lockheed Martin does not provide a dedicated climate policy disclosure section on its website and lacks transparency in its positions on, or engagement with, climate change policy in its communications.

Positioning on Energy Transition: Lockheed Martin has limited messaging regarding its positioning on the energy transition, with its communications limited to promoting battery storage technology. In a 2020 Australian consultation response, Lockheed Martin communicates support for Australia to transition to a low-carbon energy sector, arguing that increased battery storage technologies would complement Australia’s growing renewable energy supply. Similarly, communications in 2020 from its website argue that “flexible, long-duration energy storage technology can help balance the grid and deliver significant benefits to Australia’s energy market” and support renewables growth.

Industry Association Governance: Lockheed Martin publicly discloses a list of its memberships to industry associations on its website without disclosing its direct engagement with them on climate change, their climate policy positions, or its role within each association. It has not published a review of its alignment with its industry associations on its corporate website. Lockheed Martin is a member of the US Chamber of Commerce and National Association of Manufacturers, which have active and negative engagement with US climate policy. It is also a member of the Business Roundtable, which has mixed engagement on US climate policy.

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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
23%
 
23%
 
28%
 
28%
 
52%
 
52%
 
85%
 
85%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.