The GEO Group Publishes Second Annual Human Rights and ESG Report
September 28 2020 - 4:52PM
Business Wire
The GEO Group, Inc. (NYSE: GEO) ("GEO") published today
the company’s second annual Human Rights and Environmental, Social
& Governance (ESG) report. The report builds on GEO’s
first-ever Human Rights and ESG report, 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 88-page publication incorporates updated disclosures and
metrics for the calendar year 2019 based on recognized ESG
reporting standards, related to the development of GEO’s employees;
the company’s adherence to ethical governance practices, and its
efforts to advance environmental sustainability in the construction
and operation of its facilities.
In the area of environmental sustainability, for the first time
in the company’s history, the report discloses comprehensive data
on GEO’s energy consumption, water usage, and scope 1 and scope 2
greenhouse gas emissions. 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.
2019 GEO Continuum of Care program milestones
- Completed approximately 6.8 million hours of rehabilitation
programming
- Awarded 2,882 GEDs and high school equivalency degrees
- Awarded 9,413 vocational training certifications
- Awarded 8,767 substance abuse treatment program
completions
George C. Zoley, GEO’s Chairman, Chief Executive Officer and
Founder, said: “The publication of our second 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
welcome an ongoing engagement with our stakeholders as our company
continues its ESG journey in the future.”
A copy of GEO’s second annual Human Rights and ESG report can be
found at www.geogroup.com and www.wearegeo.com.
About The GEO Group
The GEO Group (NYSE: GEO) is a
fully integrated equity real estate investment trust specializing
in the design, financing, development, and operation of secure
facilities, processing centers, and community reentry centers in
the United States, Australia, South Africa, and the United Kingdom.
GEO is a leading provider of enhanced in-custody rehabilitation,
post-release support, electronic monitoring, and community-based
programs. GEO’s worldwide operations include the ownership and/or
management of 125 facilities totaling approximately 93,000 beds,
including projects under development, with a workforce of
approximately 23,000 professionals.
Forward-Looking Statements
This press release and GEO’s second annual Human Rights and ESG
report contains certain forward-looking statements based on GEO’s
management’s current assumptions and expectations, including
statements regarding GEO’s 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 GEO believes there is a reasonable
basis for the forward-looking statements made in the report, GEO’s
actual future results, including the achievement of targets, goals
or commitments, could differ materially from the 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 GEO’s most recent Annual Report on Form 10-K filed with
the Securities and Exchange Commission (“SEC”) and GEO’s subsequent
Quarterly Reports on Form 10-Q, as well as with respect to GEO’s
goals and commitments outlined in the report or elsewhere, the
challenges, assumptions, risks, uncertainties and other factors
identified in the report. You should consider the forward-looking
statements in this press release and the report in conjunction with
GEO’s Annual Report on Form 10-K and GEO’s subsequent Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K filed with the
SEC. The forward-looking statements in the report are made as of
the date of the report, unless otherwise indicated, and we
undertake no obligation to update these forward-looking statements
to reflect subsequent events or circumstances.
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Pablo E. Paez (866) 301 4436 Executive Vice President, Corporate
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