ESG Materiality & Stakeholder Engagement
ESG Materiality Assessment
In 2021, Leidos partnered with outside experts to conduct a formal ESG Materiality Assessment. Understanding the ESG topics that are a priority to our stakeholders and that pose the biggest risks and opportunities to our organization, is key to our broader strategy. Our stakeholder engagement, analysis of internal and external trends, peer and industry performance, and alignment with our business priorities helped us develop our 2030 Leidos Next Level ESG Goals:
- Cultivating Inclusion
- Advancing Environmental Sustainability
- Promoting Healthier Lives
These three beacons form the basis of our Sustainability Management Plan (SMP) and will help drive progress in our priority areas. After identifying the core issues, we collaborated with internal teams to establish specific goals and metrics that allow us to track our performance and progress. Leidos will continue to engage with our stakeholders and review and adjust our goals as necessary.
Our ESG reporting describes those topics which we consider to be the most important to stakeholders when evaluating environmental, social, and governance matters. ESG materiality in our reporting does not directly correspond to the concept of materiality used in the U.S. Securities and Exchange Commission rules. The matrix above prioritizes key issues arrayed by increasing importance to stakeholders on the vertical axis and our business objectives on the horizontal axis. While some of the issues identified above are not explicitly part of our 2030 Leidos Next Level ESG Goals, they are critical to our commitment to be a responsible business, and are monitored and measured.
Everything we do is built on a commitment to do the right thing for our customers, our people, and our community. Our Mission, Vision, and Values guide the way we do business. Understanding and engaging with our stakeholders is critical to the long-term sustainability of our business and the vital role we play in making the world safer, healthier, and more efficient through technology, engineering, and science. Illustrated below are our primary stakeholder groups and examples of the ways in which we engage with them.
UN Sustainable Development Goals
The United Nations Sustainable Development Goals (SDGs) are an urgent call for action through global partnership. Also known as the Global Goals, they recognize that ending poverty must go together with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our natural resources. The Global Goals came from an inclusive process with Governments involving business, civil society and citizens. Fulfilling the goals will take an unprecedented effort by all sectors in society, and business must play its part.
In the spirit of partnership, and aligning with our values and mission, Leidos is committed to playing a role in addressing the SDGs. We have identified seven SDGs where we believe we can make the biggest impact.