MCLEAN, Va.--()--ITT Exelis (NYSE: XLS) has released its inaugural corporate responsibility report. The report primarily reflects activities, such as energy and water conservation, waste disposal, safety and accident prevention, inclusion and diversity, corporate governance, trade compliance and employee volunteer programs that Exelis participated in as a business unit of ITT Corporation in 2011. The next version of the report, targeted for release in mid-2013, will provide more comprehensive coverage of Exelis-specific activities undertaken since the separation from ITT in late 2011.
“We look forward to reporting on these efforts annually and solidifying trust and transparency with our employees, customers, shareholders and the public.”
“The Exelis corporate responsibility program is based on our vision and values, which guide our approach to organizational leadership, environmental protection, community involvement and the well-being of our employees,” said Ann Davidson, Vice President and General Counsel at Exelis. “We look forward to reporting on these efforts annually and solidifying trust and transparency with our employees, customers, shareholders and the public.”
The full text of the report and information about the Exelis corporate responsibility program can be found at: www.exelisinc.com/corpresp.
About ITT Exelis
ITT Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in enduring and emerging global markets. Exelis is a leader in networked communications, sensing and surveillance, electronic warfare, navigation, air traffic solutions and information systems with growing positions in cyber security, composite aerostructures, logistics and technical services. The company has a 50-year legacy of innovation and technology expertise, partnering with customers worldwide to deliver affordable, mission-critical products and services for managing global threats, conflicts and complexities. Headquartered in McLean, Va., the company employs about 20,500 people and generated 2011 sales of $5.8 billion. www.exelisinc.com