Is this a heat shield?

I took two pictures of this under the bed of my 2012 800S LE …

Is this considered a heat shield? My OEM parts list calls it …

PLATE-SHIELD,BOX | [Built 1/02/12 and Before]

I am thinking about an after market heat shield and I’m sure they are a "lot" better than this plate shield. Just wondering if this part offers any heat help.