Jeffrey S. Rosen Samuel D. Snead, MCP, MA John F. von Paris Frank S. Waesche III
MEMORANDUM
TO:
MDTA Finance and Administration Committee
FROM: Director of Finance Chantelle Green SUBJECT: Governance, Risk, and Impact Report DATE: October 8, 2026
PURPOSE The purpose of this agenda item is to update the Finance and Administration Committee on the Maryland Transportation Authority’s (MDTA) 2025 Governance, Risk, and Impact (GRI) Report (previously the Environmental, Social, and Governance (ESG) Report). SUMMARY The MDTA’s GRI Report serves as an annual disclosure to provide internal and external stakeholders a holistic, enterprise-wide understanding of the agency’s societal, governance, and environmental impacts, risks, and opportunities. In 2026, the MDTA made the decision to update the name of the report to the Governance, Risk, and Impact Report, however the report still contains information on the same environmental, social and governance topics. As financial markets and credit rating agencies are increasing the use of ESG criteria to assess the value and creditworthiness of public agencies, the GRI Report is a critical disclosure to provide a clear and organized picture of social and environmental performance. The report structure and content are tailored to a multi-stakeholder audience and address key focus areas of credit rating agencies. The GRI Report complements the MDTA’s legacy of strong financial health and good governance. Prepared over the course of 2025-2026, the GRI Report summarizes the agency’s practices and performance across departments. ANALYSIS The MDTA developed its 2025 GRI Report by compiling content and data from across the agency’s departments and leaders, as well as updating content from the previous report. The report development process involved the following steps:
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