Message from Chairman and CEO Roger Krone
At Leidos, our sustainability efforts are inextricably linked to making the world safer, healthier and more efficient.
We are a FORTUNE 500™ science, engineering and information technology company that provides services and solutions in the defense, intelligence, civil and health markets. The talents of our 36,000 employees, nearly 40% of whom have degrees in science, technology, engineering, or math (STEM), help government agencies solve some of their most technically complex problems. Their dedication in 2018 drove future growth by winning new work that enabled strong financial performance.
In return for the commitment of our employees, we offer industry-leading compensation and benefits, including a Stock Purchase Plan that affords any employee the chance to become a Leidos shareholder, at a discounted price. Core to our ability to retain the best people, our Talent Resource Program, now in place for over ten years, focuses on filling open internal opportunities with internal talent. To ensure that our employee retention efforts are effective, we run a quarterly pulse engagement survey, and in 2019 an independent third party will conduct an anonymous employee engagement survey across our global operations. We look forward to using the results to further empower our teams.
As a technology services company, we have limited exposure to environmental risks. We are trusted by various government agencies to deliver on substantial environmental and sustainability-driven missions. Our engineers and scientists address all aspects of environmental remediation; we modernize aging energy infrastructure; and we design, implement and manage state-wide energy efficiency programs. Our energy efficiency services have helped utilities save more than 700,000 net megawatt hours annually, equivalent to 55 million gallons of gasoline or enough to power more than 66,000 homes.
We do all this while adhering to the highest possible ethics and security standards. Operating with integrity is foundational at Leidos. We are recognized by the Ethisphere Institute as a global leader in defining and advancing the standards of ethical business practices and we were once again recognized in 2019 as one of the World’s Most Ethical Companies®.
Finally, to support our communities, we make over $4.2 million in charitable donations annually. Our employees, who inspire me with their commitment to improve the world around us, contribute tens of thousands of hours of their talent to a wide variety of company-sponsored causes. Focus areas include the ever-growing opioid epidemic, STEM education, basic needs and wellness, ethics and leadership, and the needs of our military and intelligence personnel and their families.
We realize that operating sustainably is a continuous journey, not a fixed destination. Moving forward, we remain deeply committed to our employees, our communities and our world.
Roger A. Krone
Chairman and Chief Executive Officer