We are driven to find creative ways to cultivate ethical thinking with employees at all levels and develop resources and tools that advance integrity across our industry.
Conducting business with utmost integrity and trust encourages a high-performing and transparent work environment, which attracts customers and the best talent.
2015 marked 20 years of excellence in ethical governance at Lockheed Martin.
Business ethics represents a fundamental element of our core strategy, influencing how we can strengthen our foundation and evolve our culture.
Our latest assessment of sustainability issues identified four prioritized factors for which we set goals: bribery and corruption controls, ethical governance and leadership, responsible sales, and supplier conduct.
We also identified three factors on the horizon: human and labor rights, supplier diversity, and conflict minerals.
core issue factors
Bribery and corruption controls
Efforts to prevent bribery and corruption among employees, suppliers and contractors.
Human and labor rights
Efforts to uphold human and labor rights in business operations and supply chain in a manner consistent with internationally recognized standards.
Efforts to monitor and manage the use of conflict minerals in our product manufacturing and supply chain.
Ethical governance and leadership
We view the way we practice business equally as important as financial and mission success, and regard transparency as critical to maintaining high ethical standards in our policies, practices and leadership performance.
Working to strengthen suppliers' capability to disclose and manage ethical, labor, and environmental issues.
Efforts to ensure that sales are conducted ethically and fairly with considerations for intended product use, civilian safety, and compliance with export controls and trade policies.
Efforts to assist in the development and competitiveness of suppliers in all categories of small businesses for procurement opportunities.
TWO DECADES OF ETHICAL PROGRESS
Lockheed Martin was formed in 1995, from two companies with nearly a century of innovation behind them, not in just their products, but in their processes.