2024 Corporate Responsibility Report: Social Impact & Inclusion

Rhea-AI Summary

SAIC has released its 2024 Corporate Responsibility Report highlighting its ethics and compliance achievements. The company's Ethics Office, part of the Risk, Ethics and Compliance organization, reports directly to the General Counsel and has access to the Board's Risk Oversight Committee. In FY24, 100% of employees acknowledged the Code of Conduct and completed required training, totaling nearly 55,000 hours of ethics and compliance education. The company maintains a 24/7 anonymous reporting system and enforces a strict non-retaliation policy. SAIC outperformed industry benchmarks across all eight ethical categories in their recent ethics survey, with leadership receiving exceptional ratings for fostering an ethical culture.

Positive

• 100% employee compliance with Code of Conduct and ethics training in FY24
• Outperformed industry benchmarks in all ethics categories
• Strong governance structure with direct reporting to General Counsel and Board oversight
• Comprehensive ethics training program with 55,000 hours completed in FY24

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / October 31, 2024 / Science Applications International Corp.

We sustain and cultivate our industry-leading ethical culture through a high-performing ethics program that deploys enterprise-wide training, guidance, communications, engagement, reporting and resolution services.

The Ethics Office is part of SAIC's Risk, Ethics and Compliance organization, reporting directly to the Office of the General Counsel. Every member of the team holds certifications as ethics and compliance professionals. The Ethics Office has direct access to the chair of the Board's Risk Oversight Committee. It provides quarterly updates to the Risk Oversight Committee that include helpline and misconduct reporting statistics; details on all investigations and resolutions; risk assessments and mitigation strategy; culture of ethics assessment or survey findings; and any information critical to the program's success.

We expect all employees to abide by SAIC's Code of Conduct. Our Code of Conduct helps build a strong foundation for our day-today behaviors, stakeholder commitments and high business standards. In FY24, 100% of our employees successfully acknowledged SAIC's Code of Conduct and completed assigned ethics training.

SAIC takes all reports about unethical or unlawful behavior seriously, listens carefully to concerns, conducts investigations objectively and takes appropriate corrective actions when warranted. Employees may report a breach to our integrity or our Code of Conduct anonymously or on a disclosed basis. An independent third party hosts our helpline and website reporting form, which is available 24/7. SAIC stands behind its employees and enforces a strict non-retaliation policy. We do not tolerate any acts of retaliation against those who make reports of misconduct in good faith.

Establishing and maintaining trust in the ethics case-management process is of utmost importance. Employees can check the status of their cases - even when they submit anonymously. For transparency, we publish quarterly summaries of substantiated cases and overall metrics on our company intranet.

WHAT OUR EMPLOYEES TELL US ABOUT OUR ETHICAL CULTURE

On a biennial basis, we survey our employees about the company's ethics program using a third party to help with benchmarking and to ensure the survey is confidential and anonymous. We work with the vendor to measure the essentials of an ethics program, as it aligns with, among other guidelines, the Department of Justice's Sentencing Guidelines.

In our most recent Ethics survey, SAIC outperformed its benchmark across all eight ethical categories. The survey responses showed the importance of company leaders in creating our culture of ethics ― assessing our leaders' role as exceptional.

The third party benchmarked SAIC against companies in the aerospace and defense sector, the business and professional services sector and the engineering services sector reflecting more than 90,000 respondents across 18 companies.

SAIC outperformed industry benchmarks in all ethics categories.
Our leaders' role in creating our culture of ethics was assessed as exceptional.

SAIC EMPLOYEES COMPLETED NEARLY 55,000 HOURS OF ETHICS AND COMPLIANCE TRAINING IN FY24

Our employees completed almost 55,000 hours of ethics and compliance training in FY24. We require training based on both an enterprise risk review and risks specific to job responsibilities and assignments. Our ethics and compliance training program:

• Receives development input from functions outside of our Risk, Ethics and Compliance organization

• Refreshes training and uses a modality of delivery to ensure employees experience engaging content

• Integrates elements identified through risk assessment, evaluation or other risk factors to target specific and select audiences

• Assigns additional training at a manager or business unit leader's request

• Maintains a library of courses that employees can elect to take on demand

Our Ethics Champions - more than 85 employees across the company and at all major corporate and customer sites - work as liaisons to our business groups. They expand our communications reach and foster an ethical culture by encouraging people to speak up when they think there may be an ethical issue. We share expectations to our ethics partners in writing, provide them with training and furnish resources to help them fulfill their role. Ethics Champions meet regularly with the Ethics Office to hear first-hand from company leadership about issues and opportunities ― and to share back to leadership about the ethical culture across SAIC.

Learn more in SAIC's 2024 Corporate Responsibility Report

View additional multimedia and more ESG storytelling from Science Applications International Corp. on 3blmedia.com.

Contact Info:
Spokesperson: Science Applications International Corp.
Website: https://www.3blmedia.com/profiles/science-applications-international-corp
Email: info@3blmedia.com

SOURCE: Science Applications International Corp.

View the original press release on accesswire.com

FAQ

How many hours of ethics training did SAIC employees complete in FY24?

SAIC employees completed nearly 55,000 hours of ethics and compliance training in FY24.

What percentage of SAIC employees completed the Code of Conduct training in FY24?

100% of SAIC employees successfully acknowledged the Code of Conduct and completed assigned ethics training in FY24.

How did SAIC perform in its recent ethics survey compared to industry benchmarks?

SAIC outperformed industry benchmarks across all eight ethical categories, with leadership receiving exceptional ratings for creating a culture of ethics.

How many Ethics Champions does SAIC have across the company?

SAIC has more than 85 Ethics Champions across the company and at all major corporate and customer sites.