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Rocket Lab Releases ESG Impact Report

August 24, 2022

Rocket Lab USA, Inc released its Impact report, highlighting Rocket Lab’s commitment to make it faster, easier, and more affordable to access space, and the company’s efforts and successes in its environmental, social, and governance (ESG) priorities.

Rocket Lab founder and CEO, Peter Beck, says: “We’ve achieved some incredible things in our first year as a public company. Through our Impact report we detail the successes we’ve had in our ESG initiatives and programs, the progress we’ve made, and the shape of our ambition in those areas for the future. I am proud of the way our incredible team and customers have used access to space to improve life on Earth, and our efforts in sustainability, community and education outreach, and corporate responsibility which serve that same mission.”

Highlights from the 2021 Impact report include:

Diversity and Inclusion: Our approach to how we grow our team and how we grow our business is fuelled by the knowledge that innovation is unlocked by diverse ideas and talent. Rocket Lab’s Impact report outlines our strategies and initiatives on increasing our diversity, with a focus on supporting an inclusive culture and supportive workplace.

Empowering Our People: Rocket Lab’s successes have come from highly-capable people coming together to do things differently and because of this, our talent strategy focuses on growing leaders from within. Rocket Lab’s Impact report highlights our work to develop our people and provide them the opportunities to shine through our programs, management development, and policies and training.

Governance: Rocket Lab’s reputation as a leading space company with integrity is among our most important assets, and we take our responsibilities to our team, customers, and shareholders seriously. The Rocket Lab Impact report details the policies and procedures our global team is bound by which uphold our high standards of ethical compliance, ensure the safety of our information and our people, and fair governance from our Board of Directors.

Caring For Our Environment: Our mission at Rocket Lab is to build rockets and spacecraft that unlock the potential of space. We are committed to acting as a force for good in the world, and with that comes our responsibility to understanding and mitigating our impact on the environment both here on Earth and in space, which our Rocket Lab Impact report lays out in detail.

Doing Good In The Community: The Rocket Lab Impact report highlights our dedication to supporting and financially backing projects and community groups both within Rocket Lab and our communities that have a focus to do good — whether that’s improving infrastructure in rural township, supporting causes that facilitate quality healthcare and bring people closer together, stimulating regional economies through job creation and hiring locally, and assisting community groups through the COVID-19 pandemic.

Educating The Next Generation: We know that our understanding of how we live on and impact Earth, and what we can do to best protect it, will be driven by the curiosity and dedication of our next generation of scientists, innovators, and researchers. The ways we’ve committed to igniting and supporting a passion for of science, technology, engineering, and maths (STEM) in students, and backing our next generation to carry humanity forward, is detailed in our Impact report.