Global Human Rights Policy

Purpose

Respect for human rights is so directly related to integrity and performance that they are inextricably linked. Respecting human rights is a core value at Stag Geological Services (Stag) and is embedded in the way we do business. Investing in ethical practices while delivering financial results is a responsibility Stag takes seriously.

 

Human rights are the fundamental rights, freedoms and standards of treatment to which all people are entitled. Stag upholds and respects human rights as reflected in the United Nations Universal Declaration of Human Rights (UDHR), the UN Global Compact, and the UN Guiding Principles on Business and Human Rights, which further clarify government responsibility to protect human rights against third party abuses, business responsibility to respect human rights, and a joint responsibility to remedy if rights are not upheld.

Scope

This Policy focuses on the areas that have been identified as priorities for our industry and broadly defines how Stag will respect human rights in our operations.

Policy

Through Stag's commitment to leadership in integrating respect for human rights worldwide into our operations and value chain, Stag will in practice:

  • Comply with laws and regulations where Stag does business and adopt and apply international standards where laws are less stringent;

  • Complete due diligence to avoid complicity in human rights violations;

  • Regularly assess human rights risks, policies, and impacts and provide visibility of the results to senior executives;

  • Provide access to independent grievance mechanisms immediately to raise concerns or identify adverse human rights impacts;

  • Promptly investigate allegations and pursue action to mitigate any adverse human rights impacts;

  • Promote continual improvement through capability building for our business partners, terminating relationships only as a last resort;

  • Advance our human rights practices through a journey of cumulative progress;

  • Report transparently on our efforts.