ESG Materiality & Stakeholder Engagement
ESG Materiality Assessment
Leidos partnered with outside experts to conduct a formal ESG Materiality Assessment and better understand the ESG topics that are a priority to our stakeholders and that pose the biggest risks and opportunities to our organization.
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 ESG Goals based on three key beacons:
- Cultivating Inclusion
- Advancing Environmental Sustainability
- Promoting Healthier Lives
We collaborated with internal teams to establish specific goals and metrics that allow us to track our performance and progress and our Sustainability Management Plan (SMP) will help drive and progress in our priority areas.
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 ESG Goals, they are critical to our commitment to be a responsible business, and are monitored and measured.
Stakeholder Engagement
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. Illustrated below are our primary stakeholder groups and examples of the ways in which we engage with them.
UN Sustainable Development Goals
Our ESG goals are inspired by the United Nations Global Compact (UNGC) principles and the United Nations Sustainable Development Goals (UN SDGs). Our focus areas of environmental sustainability, inclusion and health are intended to align to specific SDGs where we believe we can make the biggest impact and address the world’s increasingly complex challenges