2024 SAIC Corporate Responsibility Report: A Message From Toni Townes-Whitley, SAIC CEO

Rhea-AI Summary

SAIC's fifth annual corporate responsibility report highlights the company's success in integrating innovation, integrity, and inclusion into its operations. CEO Toni Townes-Whitley emphasizes the launch of an enterprise growth strategy and four strategic pivots to drive growth. The report showcases SAIC's commitment to Environmental, Social, and Governance (ESG) goals, ethical practices, and diversity initiatives.

Key achievements include:

• Establishment of an Artificial Intelligence Council and ESG Council
• Introduction of a Human Rights Policy and updated Supplier Code of Conduct
• 29,000 employee volunteer hours in FY24, a 10% increase from the previous year
• 73% of executive leadership team comprised of women or people of color
• 41% reduction in Scope 1 and 2 greenhouse gas emissions since 2019

The report underscores SAIC's dedication to customer service, employee development, and environmental responsibility while delivering value to the business.

Positive

• Launch of enterprise growth strategy and four strategic pivots to drive growth
• Establishment of Artificial Intelligence Council and ESG Council for responsible practices
• 10% increase in employee volunteer hours, reaching 29,000 hours in FY24
• 73% of executive leadership team comprised of women or people of color
• 41% reduction in Scope 1 and 2 greenhouse gas emissions since 2019
• Gender pay gap of approximately 1% for non-executive employees

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / October 21, 2024 / We take great pride in presenting SAIC's fifth annual corporate responsibility report, which underscores the mission-based culture that serves our customers and employees so well. This report highlights our success in integrating SAIC's values of innovation, integrity and inclusion into every facet of our operations. These pillars form the bedrock of our identity and shape our actions as a leader in the defense and civilian sectors as we seek to help our government customers to solve the world's most complex challenges.

This past year marked the launch of our enterprise growth strategy and a long-term vision for the future of SAIC. Our team is focused on operating in a new, improved way that can only mean success. Meanwhile, we are focused on four strategic pivots to drive growth across SAIC. To that end, we are expanding our portfolio of solutions and customers, enhancing our go-to-market strategy, updating our brand and working to strengthen our culture, all to ensure we continue to grow sustainably and profitably.

As you read this report, you will see our Environmental, Social and Governance (ESG) goals are designed with our customers, employees, shareholders and other stakeholders in mind. Our approach ensures we are living our purpose to advance the power of technology and innovation to serve and protect our world.

Do What's Right

Ethical practices act as the foundation of all that we do. This is evidenced in our governance ratings as SAIC consistently achieves the highest scores from outside agencies relative to its global peers. To ensure continued excellence in governance, we established an Artificial Intelligence Council that works to ensure responsible use of AI, and an ESG Council, that endeavors to identify and address enterprise opportunities and risks. We also introduced SAIC's Human Rights Policy and updated our Supplier Code of Conduct to set clear expectations for social, ethical and environmental responsibility. Additionally, giving both their time and money, our employees volunteered 29,000 hours in FY24, an increase of 10% over last year and almost 40% over FY22.

Inclusion Delivers Innovation

We believe the more diverse an organization is, the more productive, agile and innovative we make it. We design and execute initiatives to develop a workforce that rapidly acquires new skills and applies them daily to deliver innovative solutions. Our efforts to foster a talented team who reflect the diversity of our customers has never been stronger. We believe in incubating our internal talent and aligning our employees' aspirations with the needs of our customers, while continuing our progress to ensure our leaders reflect the diversity of the teams they lead. I am proud that currently, 73% of my executive leadership team is comprised of women or people of color; and the Board of Directors is 46% women and 36% people of color. Notably, based on our population of full-time, non-executive employees, our gender pay gap continues to be approximately 1% for the compensation of women relative to men.

Commitment to a Sustainable Business

We continue to focus internally on our sustainability efforts and externally on empowering our customers through science and technology applications, such as tackling environmental challenges and contributing to global discussions and actions on climate resilience and change. While there is more work to do to combat rising climate change, we reduced Scope 1 and 2 greenhouse gas emissions 41% since our baseline year in 2019.

Shaping the Future

This report reflects our collective efforts and achievements. It illustrates what we value most at SAIC - delivering excellence in service to our customers, providing enriching careers for our employees, and upholding our responsibility to society and the environment, all while contributing outstanding value to our business. I thank you for your continued support and for being an integral part of our journey. There is still much to do, but together, we believe we can create a brighter future for the world and our planet.

Learn more in SAIC's 2024 Corporate Responsibility Report

Toni Townes-Whitley CHIEF EXECUTIVE OFFICER

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

What are the key achievements highlighted in SAIC's 2024 Corporate Responsibility Report?

Key achievements include the establishment of an Artificial Intelligence Council and ESG Council, 29,000 employee volunteer hours in FY24 (a 10% increase), 73% of executive leadership team comprised of women or people of color, and a 41% reduction in Scope 1 and 2 greenhouse gas emissions since 2019.

How has SAIC (SAIC) improved its diversity and inclusion efforts according to the 2024 report?

SAIC has made significant strides in diversity and inclusion, with 73% of the executive leadership team comprised of women or people of color, and the Board of Directors being 46% women and 36% people of color. The company also maintains a gender pay gap of approximately 1% for non-executive employees.

What environmental progress has SAIC (SAIC) made as reported in their 2024 Corporate Responsibility Report?

SAIC has reduced its Scope 1 and 2 greenhouse gas emissions by 41% since their baseline year in 2019, demonstrating significant progress in their commitment to environmental sustainability.

What new policies or initiatives did SAIC (SAIC) introduce in 2024 to enhance corporate responsibility?

SAIC introduced a Human Rights Policy, updated their Supplier Code of Conduct, established an Artificial Intelligence Council to ensure responsible use of AI, and created an ESG Council to identify and address enterprise opportunities and risks.