Climate Change Data

V2X, Inc.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental Compliance
  • Climate Change Risk and Resilience
  • GHG emissions and energy management
  • Waste management
  • Water management
  • Employee health, safety and well-being
  • Talent attraction, development and employee engagement
  • Diversity, equity and inclusion
  • Human rights and labor practices
  • Sustainable procurement
  • Community impact
  • Service quality and excellence
  • Corporate governance
  • Cybersecurity, data security and privacy
  • Ethics and compliance

Environmental Achievements

  • Published V2X EHS Policy and an Initial Climate Change Strategy
  • Updated EHS processes to include an annual evaluation of environmental aspects for several programs and locations
  • Completed an internal assessment of EHS practices against GRI Standards
  • Implemented a successful cardboard recycling program at the U.S. Naval Support Facility in Romania

Social Achievements

  • Conducted a DE&I survey
  • Hosted 150 women leaders at a Women’s Leadership Summit
  • Recognized by National Organization on Disability as a Leading Disability Employer, by Military Friendly Company as a Top 10 Diversity Supplier and Top 10 Spouse Employer, and by Military Times as a Best for Vets Employer
  • Maintained incident rates below the industry standard
  • Ran the annual Hazard Hunt campaign

Governance Achievements

  • Sponsored the First Annual Corporate Compliance & Ethics Week program
  • Reviewed and updated V2X business continuity management systems
  • Complied with the NIST 800-53 and NIST 800-171 frameworks
  • Updated V2X Code of Conduct

Climate Goals & Targets

Environmental Challenges

  • Ongoing data integration process following the merger of Vectrus and Vertex, resulting in incomplete company-wide ESG metrics
  • Climate Change risks including long-term shifts in climate patterns and supply chain disruptions
Mitigation Strategies
  • Developing a comprehensive carbon accounting process to track and manage GHG emissions
  • Developing a Climate Change strategy to reduce carbon footprint and promote sustainable practices
  • Implementing an ESG governance model and conducting an assessment of relevant ESG topics

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct (updated December 2022), aligned with Defense Industry Initiative (DII) Model Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme heat, sea level rise, more frequent and prolonged droughts
Transition Risks
  • Supply chain disruption and market volatility

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 45001

Awards & Recognition

  • National Organization on Disability: Leading Disability Employer
  • Military Friendly: Top 10 Diversity Supplier and Top 10 Military Spouse Employer
  • Military Times: Best for Vets Employer
  • International Stability Operations Association Women, Peace, and Security program recertification

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental compliance
  • Climate-related risk and resilience
  • Greenhouse gas (GHG) emissions and energy management
  • Waste management
  • Hazardous waste and materials management
  • Water management
  • Employee health, safety, and well-being
  • Talent attraction, development, and employee engagement
  • Diversity, equity, and inclusion
  • Human rights and labor practices
  • Sustainable procurement
  • Community impact
  • Service Quality and Excellence
  • Innovation, technology and intellectual property
  • Corporate Governance
  • Cybersecurity, data security and privacy
  • Ethics and compliance

Environmental Achievements

  • Maintained ISO 14001 and ISO 9001 certifications at the Federal Services GmbH Kaiserslautern Project.
  • Refined environmental guidelines for 2023, including managing solid waste and reducing hazardous materials use.
  • Conducted annual self-assessments to review and improve the environmental management system.
  • Conducted program-level EHS reviews, identifying improvement opportunities.

Social Achievements

  • Maintained incident rates below the industry standard for Facilities Support Services.
  • Recognized by Military Friendly Company and Military Times for commitment to diversity and inclusion.
  • Offered parental leave to domestic full-time employees not covered by a Collective Bargaining Agreement or Service Contract Act.
  • Maintained ISO 45001 certification at the Federal Services GmbH Kaiserslautern Project.

Governance Achievements

  • Adopted a Cyber Incident Response Procedure.
  • Conducted internal cyber awareness and educational initiatives.
  • Observed Corporate Ethics and Compliance Week.

Climate Goals & Targets

Environmental Challenges

  • Climate-related risks (extreme weather, supply chain disruptions, regulatory changes)
  • Regulatory updates surrounding sustainability disclosures (EU CSRD, California climate disclosure laws, SEC climate disclosure rules)
Mitigation Strategies
  • Enhancing energy efficiency, waste management, and sustainable procurement.
  • Monitoring regulatory updates and working towards compliance with disclosure requirements.
  • Implementing a comprehensive carbon accounting process to track and manage GHG emissions.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct (aligned with DII Model Supplier Code of Conduct)
  • Supplier and Subcontractor Screening and Management Program

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme heat
  • Sea level rise
  • Droughts
Transition Risks
  • Regulatory changes
  • Reputational risks
Opportunities
  • Reducing energy consumption, creating efficiencies, realizing cost savings

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 45001, ISO 9001

Sustainable Products & Innovation

  • V-SPACE 5G network
  • Enhanced facility and asset protection commercial system

Awards & Recognition

  • Military Friendly: Top Spouse Employer and Top 10 Diversity Supplier
  • Military Times: Best for Vets Employer
  • Best Workplaces for Commuters
  • National Organization on Disability: Leading Disability Employer