Science Applications International Corp. (NYSE: SAIC) today published its inaugural "Sustainability and Social Responsibility Report" highlighting the advances made by the company in areas such as reducing energy consumption and greenhouse gas emissions, corporate governance, commitment to workforce diversity, and promoting company and employee philanthropy.
The report, which focuses largely on data and activities for SAIC’s fiscal year 2020, ending January 31, 2020, represents the company’s first submission prepared with reference to the Global Reporting Initiative, the world’s most widely used voluntary reporting framework. Among the highlights presented in the report are milestones such as a 36% reduction in greenhouse gas emissions over the past four years, strong corporate governance, recognition as the top public company in the Washington, DC area for female board members, and more than 2 million meals donated to Feeding America to address hunger in the U.S.
"As one of the largest digital transformation providers to the U.S. government, our values and our reputation matter not only to us but also to our customers, partners, suppliers, and investors," said Nazzic Keene, chief executive officer at SAIC. "We take environmental, social, and governance responsibilities seriously. And together with our employees, SAIC is committed to making a real difference inside and outside the workplace."
The report provides a snapshot of SAIC’s activities and progress in various facets of environmental and social responsibility, including:
- Industry leadership – how SAIC’s leadership is dedicated to leading by example;
- High ethical standards – how ethics and integrity serve as the foundation of the SAIC’s Employee Code of Conduct, and by extension, the success of the company;
- Environmental stewardship – how SAIC tracks and reports key environmental performance metrics, such as greenhouse gas emissions, energy conservation, and recycling;
- Privacy and data security – how this is integral across everything SAIC does;
- Charitable giving – how SAIC’s Citizenship and Community Engagement program builds upon the talent, creativity, and passion of company employees to give back to local communities.
For more information on SAIC’s efforts on sustainability and social responsibility, visit www.saic.com/responsibility.
SAIC® is a premier Fortune 500® technology integrator driving our nation’s digital transformation. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, IT modernization, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions that are critical to achieving our customers' missions.
We are 25,500 employee strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this release contain or are based on "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as "expects," "intends," "plans," "anticipates," "believes," "estimates," "guidance," and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the "Risk Factors," "Management’s Discussion and Analysis of Financial Condition and Results of Operations" and "Legal Proceedings" sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.
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