Charitable Giving and Volunteerism at Leidos

Rhea-AI Summary

Leidos has demonstrated significant community engagement through charitable giving and volunteerism in 2023. The company donated over $5 million to charitable organizations, while employees contributed more than 43,600 volunteer hours. The company's charitable focus areas include Healthier Lives, Leadership and Inclusion, National Security and Military, Education/STEM, and Environment.

Through its Employee Volunteer Incentive Program, Leidos recognizes and celebrates employees who demonstrate exceptional commitment to volunteering. The company has updated its volunteering categories to better align with core giving areas, reflecting the diverse interests and dedication of its workforce in community service.

Positive

• Donated over $5 million to charitable organizations in 2023
• Employees contributed 43,600+ volunteer hours in communities

Negative

• None.

News Market Reaction

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On the day this news was published, LDOS gained 0.57%, reflecting a mild positive market reaction.

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NORTHAMPTON, MA / ACCESSWIRE / December 4, 2024 / Leidos

Originally published in Leidos Sustainability Report

Strengthening our communities through volunteerism is part of our Leidos vision statement and our employees have a long history of deep engagement in our communities. We allocate charitable resources - including budget, time and talent - to a variety of organizations and causes that best align with our priorities as a company. By combining corporate giving with passionate and inspired employee participation, Leidos is making a meaningful difference to those in need.

Our Leidos Employee Volunteer Incentive Program celebrates employees who go above and beyond, as demonstrated by the volunteer hours they log; employees with the most hours are highlighted on Leidos' intranet and recognized by leadership. In 2023, Leidos donated more than $5 million to charitable organizations and our employees volunteered more than 43,600 hours in their communities. We also updated the volunteering categories in our online system to better align to Leidos' core giving areas and represent the many areas where Leidos employees passionately spend their volunteer hours.

Charitable Giving Focus Areas

Healthier Lives
Represents our commitment to health and well-being, including
our deep commitment to addressing the myriad challenges around
mental health.

Leadership and Inclusion
Represents our focus on diversity, equity and inclusion.

National Security and Military
Represents our long-time commitment to the military and national security organizations.

Education/STEM
Represents our commitment to educational support across all grade levels, with a focus on science, technology, engineering and math.

Environment
Represents an understanding of the growing importance of climate and other environmental issues

Read the full report here

View additional multimedia and more ESG storytelling from Leidos on 3blmedia.com.

Contact Info:
Spokesperson: Leidos
Website: https://www.3blmedia.com/profiles/leidos
Email: info@3blmedia.com

SOURCE: Leidos

View the original press release on accesswire.com

FAQ

How much did Leidos donate to charitable organizations in 2023?

Leidos donated more than $5 million to charitable organizations in 2023.

How many volunteer hours did Leidos employees contribute in 2023?

Leidos employees volunteered more than 43,600 hours in their communities during 2023.

What are the main charitable focus areas for Leidos (LDOS)?

Leidos focuses on five main charitable areas: Healthier Lives, Leadership and Inclusion, National Security and Military, Education/STEM, and Environment.