The GEO Group Publishes Third Annual Human Rights and ESG Report
December 06 2021 - 4:15PM
Business Wire
The GEO Group, Inc. (NYSE: GEO) (“GEO”) published today
the company’s third annual Human Rights and Environmental, Social
& Governance (ESG) report. The report builds on GEO’s first two
Human Rights and ESG reports, which provided disclosures on how GEO
informs its employees of the company’s long-standing commitment to
respecting human rights; the criteria GEO uses to assess human
rights performance; and GEO’s contract compliance program and
independent verification of the company’s performance by third
party organizations.
The report incorporates updated disclosures and metrics for the
calendar year 2020, in accordance with the Global Reporting
Initiative (GRI) Standards: Core Option, related to the development
of our employees; our adherence to ethical governance practices;
and our efforts to advance environmental sustainability in the
construction and operation of our facilities. Consistent with the
guidelines for the GRI Standards: Core Option, the report includes
new disclosures related to GEO’s Board oversight of ESG matters;
employee diversity and training programs; employee compensation and
benefits; corporate governance; and environmental
sustainability.
Further, the report addresses the mitigation initiatives GEO has
implemented to address the risks associated with the COVID-19
pandemic. In lockstep with our government agency partners, our
corporate, regional, and field staff have taken steps to mitigate
the risks of the novel coronavirus and have worked to implement
best practices consistent with the guidance issued by the Centers
for Disease Control and Prevention. Ensuring the health and safety
of all those entrusted to our care and of our employees has always
been our number one priority.
The report also highlights GEO’s continued commitment to provide
enhanced rehabilitation and post-release support services through
the award-winning GEO Continuum of Care (CoC) program. The CoC
program integrates enhanced offender rehabilitation, including
cognitive behavioral treatment, with post-release support services
to address basic community needs of released individuals, including
housing, transportation, food, clothing, and job placement
assistance.
GEO’s Executive Chairman, George C. Zoley, said: “The
publication of our third annual Human Rights and ESG report is an
important step in furthering our commitment to providing
transparent and comprehensive ESG disclosures and metrics. We
recognize the continued interest from our diverse stakeholder
groups in learning more about our company, and we look forward to
our continued engagement with them as we pursue our ESG goals and
aspirations.”
A copy of GEO’s third annual Human Rights and ESG report can be
found at www.geogroup.com and www.wearegeo.com.
About The GEO Group
The GEO Group, Inc. (NYSE: GEO) is a leading diversified
government service provider, specializing in design, financing,
development, and support services for secure facilities, processing
centers, and community reentry centers in the United States,
Australia, South Africa, and the United Kingdom. GEO’s diversified
services include enhanced in-custody rehabilitation and
post-release support through the award-winning GEO Continuum of
Care®, secure transportation, electronic monitoring,
community-based programs, and correctional health and mental health
care.
Forward Looking Statements
This report contains certain forward-looking statements based on
our management’s current assumptions and expectations, including
statements regarding our goals, commitments, programs and other
business plans, initiatives and objectives. These statements are
typically accompanied by the words “expect,” “may,” “could,”
“hope,” “believe,” “would,” “might,” “estimate,” “anticipate,”
“plan,” “aspire” or similar words. All such statements are intended
to enjoy the protection of the safe harbor for forward-looking
statements provided by the Private Securities Litigation Reform Act
of 1995, as amended. Although we believe there is a reasonable
basis for the forward-looking statements made in this report, our
actual future results, including the achievement of our targets,
goals or commitments, could differ materially from our projected
results as the result of changes in circumstances, assumptions not
being realized, or other risks, uncertainties and factors. Such
risks, uncertainties and factors include the risk factors discussed
in Item 1A of our most recent Annual Report on Form 10-K filed with
the Securities and Exchange Commission (“SEC”) and our subsequent
Quarterly Reports on Form 10-Q, as well as, with respect to our
goals and commitments outlined in this report or elsewhere, the
challenges, assumptions, risks, uncertainties and other factors
identified in this report. You should consider the forward-looking
statements in this report in conjunction with our Annual Report on
Form 10-K and our subsequent Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K filed with the SEC. The forward-looking
statements in this report are made as of the date of this report,
unless otherwise indicated, and we undertake no obligation to
update these forward-looking statements to reflect subsequent
events or circumstances, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20211206005816/en/
Pablo E. Paez, (866) 301 4436 Executive Vice President,
Corporate Relations
Geo (NYSE:GEO)
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