Our Approach

our approach
we create solutions to global challenges for a better tomorrow

From deep space to deep sea, we innovate products that serve industries as diverse as aerospace, military, utilities,
financial services, oil and gas, and telecommunications. We support customers who uphold national security,
invest in advanced technologies and maintain global infrastructure.

Our sustainability mission is to foster innovation, integrity and security to protect the environment,
strengthen communities and propel responsible growth. This is how we practice

the science   of   citizenship

overview

The societies of tomorrow will depend on businesses like ours to provide the infrastructures of global security, communications and clean, reliable energy to ensure their resiliency and progress. Working closely with our domestic and foreign government customers allows us to contribute to sustainable development, and economic and social progress worldwide.

Our Approach Infographic

we unlock value for society

Beyond defense, our solutions navigate deep space and deep seas to secure natural resources and protect human lives. We meet global infrastructure needs through alternative energy generation, power grid management, space-based communications and cyber security solutions, and indirectly through the application of unmanned systems, simulation and training, and other technologies that strengthen productivity and safety for agriculture, healthcare, mining and transportation infrastructure.

strategic sustainability

The Lockheed Martin Sustainability Management Plan (SMP) manages and measures performance of our six core issues and corresponding objectives (see below). Established in 2013, it outlines approximately 40 short- and long-term indicators of sustainability in our business decisions and practices.

Our CEO and Executive Leadership Team review our mid- and full-year performance. The Ethics and Sustainability Committee of the Board of Directors reviews the implementation process.

In 2013, we conducted a formal, four-step assessment of sustainability factors based on their importance to our business and stakeholders. We also looked for ways to improve related information disclosure. The six core issues we ultimately identified were reviewed by our Board of Directors. Our process included convening diverse internal and external stakeholders to collect their viewpoints, and then plotting 41 identified factors by multiple dimensions of importance to stakeholders and business success. We then evaluated the 20 factors that stakeholders deemed high priorities and organized them into clusters that identified our six core issues.

As we concluded our SMP 2013-2015 commitments, we conducted an enhanced core issues assessment with increased stakeholder engagement that focused on how our business can impact global megatrends. We engaged 25% more external and internal stakeholders with U.S., European and global perspectives in structured discussions about their expectations and our priorities throughout 2015. In 2016, we’ll finalize and make public a new set of 2016-2018 goals and indicators that reflect the feedback we’ve received.


2013-2015 sustainability management plan

Our Approach SMP Hex

recognition

Dow Jones Sustainability World Index member 2015

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CDP S&P 500 Climate Performance and Disclosure Leader 2015

CDP S&P 500 Climate Performance and Disclosure Leader 2014

MSCI Intangible Value Assessment Sector Leader 2015

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