The theme of this quarter’s issue is sustainability, and I am thrilled to be writing this, especially after our exciting news that KBR has been honored with the prestigious AAA designation in MSCI's 2023 ESG Ratings, solidifying our position as industry leaders in effectively managing significant ESG (environmental, social and governance) risks and opportunities. This remarkable achievement reflects our unwavering dedication and the tireless efforts of our entire team.
If you're curious to witness the genuine reactions we had upon receiving the AAA rating, head over to Yammer and watch ESG team member Kirsten Mackenzie's delightful surprise captured on camera.
To provide you with some insight into our journey, let me share a story. Once upon a time at the KBR Tower, our visionary CEO, Stuart Bradie, joined the company with a mission to transform KBR into the remarkable organization we are today. Central to our transformation was the deeply rooted belief that ESG and sustainability should guide every aspect of our work. Our board and leadership understood the unique opportunity we had to drive meaningful change as a company with a global presence and influence.
We set the bar high, recognizing that ESG and sustainability are not static goals but ongoing journeys of continuous improvement. True success in these areas goes beyond mere compliance; it requires integrating ESG principles into the very fabric of our operations.
KBR launched a company-wide initiative to embed ESG and sustainability into every facet of our business. We assembled a dedicated team of teams, bringing together expertise from diverse disciplines, to approach change holistically. This team engaged with employees at all levels, fostering a culture of collaboration, innovation and responsibility.
Sustainability has become the bedrock of KBR's operations. We have developed innovative solutions to minimize our own and our clients' carbon footprint, conserve resources, and promote sustainable practices across a wide range of projects. From energy-efficient designs to waste reduction programs, KBR leads by example, demonstrating that sustainable practices can seamlessly integrate into our offerings without compromising quality or efficiency.
While we have earned a reputation as a trailblazer in our industry, our journey to enhance our ESG practices will continue to evolve. We understand that our work is far from complete. We remain committed to driving progress for ourselves and our clients. We recognize that true sustainability necessitates adapting to evolving challenges and embracing emerging technologies and practices.
Some of the highlights of our remarkable sustainability and ESG journey have been captured in this issue’s feature story — a story that serves as a powerful reminder that companies possess the capacity to be catalysts for positive change. Through our unwavering commitment to ESG and sustainability, we will not only improve our own operations but will also create a ripple effect that will transform lives and communities worldwide.
As the narrative of KBR continues to unfold, our dedication to economic growth, social inclusion, environmental sustainability, and the well-being of our employees and communities will endure as an impactful legacy. Thank you for being a part of this incredible journey with us.
