"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."
Via Kenny Chaffin.
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics