Lockheed Martin is the largest military contractor with the Department of Defense, the world’s largest institutional consumer of fossil fuels. Lockheed was recently asked point-blank if it will address its role in worsening climate change. Its answer: no.
by Danaka Katovich and David Gibson, Jacobin
Lockheed Martin, the world’s largest military contractor, will have its shareholder meeting on April 27. There, shareholders are slated to vote on a resolution to require a company report “disclosing how the Company intends to reduce its full value chain greenhouse gas emissions in alignment with the Paris Agreement’s 1.5°C degree goal requiring Net Zero emissions by 2050.” The board at Lockheed advised all their shareholders to vote against this resolution, making it clear that in addition to promoting conflict and violence around the world, Lockheed Martin is also uninterested in scaling back its significant contribution to climate change.
In the board’s reasoning, shareholders should vote no on the resolution because it is “premature and not in the best interest of our Company or our stockholders.” To suggest that acting on the unfolding climate catastrophe is “premature” speaks volumes about the lack of urgency Lockheed executives see around the climate crisis. According to a recent report from the Intergovernmental Panel on Climate Change, the threshold for critical changes in the climate will likely happen within this decade. The report emphasizes that we must make an immediate shift away from fossil fuels to prevent climate collapse. The idea that any action on climate change is premature is a blatant falsehood at worst or willfully ignorant at best.
As we face the stark reality of looming climate disaster, the board’s statement is a candid admission of Lockheed executives’ values. From this, one can truly determine that they value profit over everything else — in case that weren’t clear from, say, the slaughter of forty Yemeni schoolchildren with a Lockheed Martin–manufactured bomb, or countless other horrific acts of violence routinely committed with the company’s profitable products.
Recent Posts
Why Do We Let Zionists Decide What We Can and Can’t Say?
Take Action Now Kraft is a man who appears in the Epstein files, was twice caught on camera with prostitutes, donates heavily to the IDF, and even…
Trump Says He’s Banning CNN, MS NOW, and Politico From the White House
Take Action Now “These outrageous attacks only demonstrate how scared he is of an informed public,” said one press freedom advocate.By Stephen…
Bases Without Names: How Governments Rebrand the U.S. Military Presence
Take Action Now Across Asia, Europe and the Middle East, governments use an expanding vocabulary to describe sites that accommodate U.S. troops,…
Getting Into ‘Good Trouble’ Over Arc de Trump
Take Action Now A retired Army colonel flew in from Hawaii to make sure Trump’s arch doesn’t go up quietlyBy Jonathan Capehart, Substack On the…