The GEO Group Publishes Fifth Annual Human Rights and ESG Report
29 September 2023 - 6:15AM
Business Wire
The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”)
published today the Company’s fifth annual Human Rights and
Environmental, Social & Governance (ESG) report. The report
includes enhanced disclosures related to our Board oversight of
human rights and ESG matters, employee diversity and training
programs, corporate governance, and environmental sustainability,
including updated metrics and statistics for the calendar year
2022, in accordance with the Universal Standards of the Global
Reporting Initiative.
The report also highlights GEO’s continued commitment to
providing enhanced rehabilitation and post-release support services
through our award-winning GEO Continuum of Care® (CoC) program.
During 2022, our CoC facilities delivered approximately 3.5 million
hours of enhanced rehabilitation programming. 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 fifth annual Human Rights and ESG report
highlights our long-standing commitment to respecting the human
rights and improving the lives of those entrusted to our care. To
reinforce this important commitment, we have restructured our Board
to include three new committees: a standing committee to oversee
Criminal Justice and Rehabilitation, a standing committee to
oversee Human Rights, and a standing committee to oversee Cyber
Security and Environmental matters. In 2022, we also undertook a
Human Rights Due Diligence Assessment, which included engagement
with multiple internal and external stakeholder groups. Moving
forward, we expect to evaluate additional human rights initiatives,
including a future review of our Global Human Rights Policy and its
implementation.”
GEO’s fifth annual Human Rights and ESG Report can be found at
www.geogroup.com/esg and www.wearegeo.com/esg.
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. GEO’s worldwide operations include the ownership and/or
delivery of support services for 102 facilities totaling
approximately 82,000 beds, including idle facilities and projects
under development, with a workforce of up to approximately 18,000
employees.
Use of forward-looking statements
This news release may contain “forward-looking statements”
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and the U.S. Private Securities Litigation Reform
Act of 1995, including statements regarding the Company's continued
commitment and future initiatives relating to human rights and the
GEO Continuum of Care® program. Readers are cautioned not to place
undue reliance on these forward-looking statements and any such
forward-looking statements are qualified in their entirety by
reference to the cautionary statements and risk factors contained
in GEO's filings with the U.S. Securities and Exchange Commission,
including its Form 10-K for the year ended December 31, 2022, its
Form 10-Qs for the quarters ended March 31, 2023 and June 30, 2023
and its Form 8-K reports. All forward-looking statements speak only
as of the date of this news release and are based on current
expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements and risk
factors contained in GEO’s filings with the U.S. Securities and
Exchange Commission, including those referenced above. GEO
disclaims any obligation to update or revise any forward-looking
statements, except as required by law.
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Pablo E. Paez Executive Vice President, Corporate Relations
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