Human Rights

At Lockheed Martin, we believe being a responsible corporate citizen includes a commitment to the protection and advancement of human rights.

This commitment forms the basis of our Code of Ethics and Business Conduct and is embedded in our core values to Do What’s Right, Respect Others and Perform with Excellence. This commitment applies to all employees, our Board of Directors, suppliers and others who act on our behalf. Lockheed Martin’s activities are conducted in compliance with the laws and regulations of the countries in which we operate, except where such laws conflict with U.S. law, and our compliance with them is reinforced by our robust integrated assurance program and Board of Directors’ oversight of our enterprise risk management process.

In 2022, we published our second Human Rights Report to provide updates on relevant policies, principles and due diligence that demonstrate our commitment to human rights. The report also highlights progress on previous human rights initiatives and outlines our human rights program governance and accountability structure and implementation.

UK Modern Slavery Act Training

Lockheed Martin works in more than 50 countries worldwide. Our more than 6,000 international employees are dedicated to realizing our shared goals, including efforts to further human rights across our enterprise. These efforts include mandatory employee training on a wide range of human rights topics. To help ensure relevancy, we tailor programs to incorporate the legal and regulatory requirements of individual countries or regions. In 2022, our UK Ethics team created a new Modern Slavery Act training video specifically for UK employees to replace our general U.S. human trafficking training. The video covers relevant elements of U.S. human trafficking legislation and UK modern slavery legislation. It also identifies red flags and warning signs that may indicate modern slavery and highlights employee reporting responsibilities. It will be rolled out in 2023 to more than 1,600 Lockheed Martin UK employees.

Human Trafficking Supply Chain Risk Assessment

In 2019, we established an annual Human Trafficking Supply Chain Human Rights Assessment. The assessment utilizes the U.S. Department of State Trafficking in Persons (TIP) Report and overlays our internal procurement data. A dashboard allows all supply chain professionals to analyze human rights risk in certain regions of the world and determine if there are any active suppliers in those areas. The dashboard also integrates Transparency International’s Corruption Perception Index and provides an additional view of each country’s perceived level of corruption in its public sector. This assessment report is provided annually and is updated per the new U.S. Department of State report and our new purchase order commitments for the year. An analysis then compares to previous years to ensure that we are minimizing our impact on high human trafficking regions. In 2022, we saw a 55% decrease in the number of suppliers in high-risk regions, as well as a 70% reduction in overall commitments in high-risk regions compared to the previous year.

Human Rights Impact Analysis

In order to fully assess the landscape of human rights impacts and ensure proper due diligence and integration into our enterprise risk management framework, Lockheed Martin is exploring existing human rights assessment and reporting frameworks for best practices most applicable to Lockheed Martin’s objectives. In 2022, we conducted a benchmarking of existing human rights assessments as defined by external guidance from human rights-focused organizations. Our goal was to understand the key elements, objectives and standard processes across the various reporting frameworks. Our findings indicate that these frameworks differ in methodology and purpose, as well as in application across different industries. Our intent is to leverage this research as a base of knowledge to further refine our processes, taking into account the challenges and limitations of our industry and our own human rights policies and objectives.