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