LOCKHEED MARTIN CORPORATION | Human Rights Impact Assessment at LOCKHEED MARTIN CORPORATION

AGM date
Resolution details
Company ticker
LMT
Resolution ask
Report on or disclose
ESG theme
  • Social
ESG sub-theme
  • Human rights & inequality
Company sector
Industrials
Company HQ country
United States
Resolved clause
Shareholders request that Lockheed Martin publish a report, at reasonable cost and omitting proprietary information, with the results of human rights impact assessments examining the actual and potential human rights impacts associated with high-risk products and services, including those in conflict-affected areas or violating international law.
Supporting statement
its human rights responsibilities despite severe, often irremediable impacts.1 Prominent human rights organizations have recorded indiscriminate use of Lockheed Martin products against civilians consistently over time.2 Lockheed Martin has exported military goods to at least 12 states which are engaged in armed conflict, have a record of human rights violations, or are at risk of corruption and fragility, including Saudi Arabia, Israel, and the United Arab Emirates. Reports have linked Lockheed Martin weaponry to war crimes and violations of international humanitarian law in Yemen, including the widely condemned attack on a school bus in 2018 that resulted in the deaths of dozens of children.3 Lockheed also played a critical role in the May 2021 attacks on Gaza, where apparent war crimes were committed, including the deaths of at least 129 civilians, of whom 66 were children.4 Failure to respect human rights in high-risk business areas exposes the company and its investors to financial, legal, regulatory, reputational, and human capital management risks. In 2021, Lockheed moved forward with a nearly $2.43 billion sale of F-16s to the Philippines, despite congressional opposition due to widespread human rights violations carried out by the Armed Forces of the Philippines, including extrajudicial killing of political activists, organizers, and Indigenous leaders.5 The company also has $40 billion in nuclear weapons contracts, including $2.1 billion awarded in 2020.6 The Treaty on the Prohibition of Nuclear Weapons, which entered into force in 2021, may require Lockheed Martin to demonstrate that the company is not conducting prohibited activities in jurisdictions that ratified the Treaty.7 Furthermore, the company faced multiple lawsuits in 2020 for toxic pollutant contamination from a Florida facility, where workers were later diagnosed with brain lesions, multiple sclerosis, cancer, and birth defects.8