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L3Harris Technologies (LHX) ESG Score & Sustainability Data

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Key ESG Takeaways for L3Harris Technologies

The key takeaways are AI-generated and highlight the main contributors behind the net impact scores of L3Harris Technologies. The insights are based on millions of scientific articles, along with the company-specific product and service portfolio.
  • L3Harris Technologies seems to create the most significant positive value in categories , , and & understanding among people. The positive contribution in the & understanding among people impact category is mostly driven by its Missile racks, Military radars, Command and control systems, Laser rangefinders for military use, and Minesweeping systems products.
  • L3Harris Technologies uses resources or causes negative impacts mostly in categories & understanding among people, , and . The largest negative impact of L3Harris Technologies in category & understanding among people seems to be driven mostly by its Missile racks, Military radars, Command and control systems, and Laser rangefinders for military use products.
  • To improve its net impact, a company can either grow its positive impacts, or reduce its negative impacts. For example, by doubling its Cybersecurity services business, L3Harris Technologies would improve its net impact ratio by 9 percentage points.

LHX Impact Ratio

Net impact ratio represents the net impact of a company. It is defined as the (positive impacts - negative impacts) / positive impacts. The maximum value for net impact ratio is 100%, representing a theoretical company with no negative impacts. The minimum value is -∞. Net scores depend on the value sets that determine the importance of different impact categories.
-87.4%
The default value set, where each category is given the same weight.

Value Sets Value sets can be used to assess how different stakeholder values or emphasis on certain values might affect the net impact ratio.

Millennials
Value set of millennials (b. 1980 - 1999), based on Upright's annual Impact at Work survey.
-58.7%
Most Wanted Workforce
Value set of the most wanted workforce, based on Upright's annual Impact at Work survey.
-124.7%
Society First
Value set that emphasizes society impacts over other impacts.
-62.2%
Knowledge First
Value set that emphasizes knowledge impacts over other impacts.
+5.0%
Health First
Value set that emphasizes health impacts over other impacts.
-177.2%

L3Harris Technologies ESG Score + Net Impact Profile

ImpactNegativeScorePositive
+0.88
+0.88
+1.34
+1.34
+0.72
+0.72
-3.07
-2.28
+0.79
-0.01
-0.01
+0.01
+0.27
+0.27
+0.23
+0.23
-0.00
+0.16
+0.16
-0.98
-0.98
-0.62
-0.58
+0.05
-0.03
-0.03
+0.00
+0.01
+0.01
-0.40
-0.37
+0.03
-1.08
-0.89
+0.19
-1.44
-1.40
+0.04
-0.31
-0.28
+0.02
-0.14
-0.14
+0.00
-0.58
-0.58
+0.00
-0.25
-0.24
+0.02

Upright Model Version 1.4.0
ESG Data Last Updated: March 20, 2024

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About Upright's Net Impact Model

Upright Model

Upright's Net Impact Data quantifies the holistic value creation and impact of companies. It details both the negative and positive impacts a company has on the environment, health of people, society and knowledge, and forms a net sum of these costs and gains based on the economic costs of each impact category. The data is produced by Upright's Net Impact model, which is a mathematical model of the economy that produces continuously updated estimates of the net impact of companies by means of an information integration algorithm. The data is primarily sourced from the CORE open access database, which contains over 200 million scientific papers. Other sources of data include open databases published by the World Bank, IMF, WHO, OECD, IPCC, CDC and USDA.

L3Harris Technologies ESG Score - Frequently Asked Questions

How is L3Harris Technologies doing in terms of sustainability?

According to The Upright Project, which measures holistic value creation and impact of companies, L3Harris Technologies has a net impact ratio of -87.4%, indicating an overall negative sustainability impact. L3Harris Technologies seems to create the most significant positive value in the categories of Taxes, Jobs, and Societal stability & understanding among people. L3Harris Technologies uses resources or causes negative impacts mostly in the categories of Societal stability & understanding among people, GHG emissions, and Meaning & joy. Learn more on the sustainability of L3Harris Technologies.


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This page (NYSE:LHX) was last updated on 4/25/2024 by MarketBeat.com Staff

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