April 18, 2007

BAE Systems Releases Corporate Responsibility Report

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BAE Systems has released its 2006 Corporate Responsibility Report (PDF).

According to a stakeholder engagement Q&A included in the report, participants, including representatives from BAE, Environmental Groups, and the UK government, were disappointed that BAE Systems does not yet have a climate change strategy. The participants felt BAE had not yet thought through the implications of climate change for its
business or identified where risks and opportunities might arise. 

If BAE adopts a climate change strategy, the participants felt it could improve the company’s relationships with three stakeholder groups:

  • Some investors want to know that companies in their investment portfolio have a strategy for responding….

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