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Lockheed Martin - CSR Report Analysis
Lockheed Martin - CSR Report Analysis
Lockheed Martin - CSR Report Analysis
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AGENDA
Introduction
Reporting
Framework
Observations
Suggested
Improvements
Considerations
Conclusion
References
Introduction
Core Businesses
Revenue
Aeronautics
Space systems
Introduction Contd
Sustainability in 2012
Sustainability Report
Responsible growth
Established an Office of
Corporate
Protecting environment
Strengthening communities
Reporting Framework
GRI 4
WHY?
How
Leading global
standard
Periodically revised
Comparison
between G4
standard and
Lockheed Martin
performance
Providing guidance
in reporting on
material issues
Lockheed Martin
uses GRI 3.1
Reporting Framework-Assessment
VS
Economic
Environmental
Social
Observations
Strengths
Weaknesses
Stakeholders
Best
Assessment
Practices
Worst
Practices
Reflections
Improvements
Observations - Strengths
Inputs
Clear
Clearly
Data
Recognize
Observations - Weaknesses
Inadequate
Unrecognized
Greenwashing insufficient
negatives
Lack
Emphasize the importance of work safety and wellness and the value of workplace
diversity and inclusion
Customer
Forge technological advances into the energy market and increasing the efficiency of
solutions
Enrich customer trust and reduced costs for the U.S. government
Employees
2400 employees were forced to have a holiday without salary on Oct. 8th
Environmental
Not mentioned
Advocates
Emphasize
Share
Reduction
Location
Descriptions
Percentage
Suggested Improvements
Conclusion
It goes beyond the goal of extreme efficiency to provide a more holistic view
of the root causes of environmental problems.
We call for a more ambitious and bold agenda that includes profound reforms
in key structural areas such as the model of production and consumption, the
global financial architecture, global governance and monitoring framework to
align with human rights, and particularly with women's rights commitments
References
2012 Sustainability Report. (2012). Retrieved October 3, 2012, from Lockheed Martin:
http://www.lockheedmartin.com/us/2012-sustainability-report.html
The Value of Performance - Corporate Responsibility Report 2012. (2012). Retrieved October 5, 2013,
from Northrop Grumman:
http://crreport.northropgrumman.com/PDFs/2012CorporateResponsibilityReport.pdf
G4 Sustainability Reporting Guidelines. (2013). Retrieved October 2 2013, from Global Reporting
Initiative: https://www.globalreporting.org/
Lockheed Martin Lobbying Spending. (2013, July 29). Retrieved October 8, 2013, from Open Secrets:
http://www.opensecrets.org/lobby/clientsum.php?id=D000000104&year=2010
Bock, P. J. (2013, May 10). 10 Mistakes to Avoid in CSR Reporting. Retrieved October 9, 2013, from
Everblue: http://www.everblue.edu/blog/10-mistakes-avoid-csr-reporting
The SIPRI Top 100 arms-producing and military services companies in the world excluding China, 2011.
(n.d.). Retrieved October 9, 2013, from Sipri:
http://www.sipri.org/research/armaments/production/Top100