Statement on Human Rights
Grace is committed to the protection and advancement of Human Rights wherever we operate. We are committed to the principles in the United Nations Universal Declaration on Human Rights and the International Labor Organization's Declaration on Fundamental Principles and Rights at Work. This commitment is reflected and fulfilled in our programs relating to product stewardship and sustainability as well as Grace policies on ethical business conduct and compliance in legal matters.
Our top priorities are the health and safety of Grace employees and their families, our customers, and the communities in which we operate; and the protection of the environment. Grace sets and complies with its own high company standards as well as all applicable health, safety, and environmental laws. While safe behavior is ultimately the responsibility of each of us, Grace provides a safe and healthy workplace and ensures that safety and environmental priorities are incorporated in every aspect of our business.
Grace does not tolerate any form of exploitative child labor as defined in the International Labor Organization Convention 182, Article 3 (Worst Forms of Child Labor). Accordingly, we observe applicable laws regarding the employment of minors and do not employ any young person in such a way as to restrict their educational opportunities or expose them to workplace hazards that are likely to endanger their health or safety.
FORCED LABORGrace does not use indentured, slave, bonded, or other forced involuntary labor and rejects corporal punishment of any kind.
COMPENSATIONGrace pays wages that meet or exceed legal requirements, or where no wage law exists, Grace wages meet or exceed the local industry standard.
WORKING HOURSGrace complies with industry practices and applicable local, state, national laws regarding working hours.
HARASSMENT AND VIOLENCE
Grace is committed to a harassment-free workplace and does not tolerate any violence in the workplace.
Grace encourages diversity throughout our operations, and does not discriminate based on race, color, religion, gender, national origin, age, disability, or any other characteristic protected under applicable employment laws in the recruitment, training, promotion, and compensation of employees.
FREEDOM OF ASSOCIATION
Grace recognizes employees' rights and freedoms to join or not join organizations of their own choosing, to associate freely, and to bargain collectively.
CORRUPTION AND BRIBERY
Neither Grace, nor any employee, agent, consultant nor other third party acting on its behalf shall take any action in violation of the U.S. Foreign Corrupt Practices Act or other countries' laws intended to deter corruption and bribery in commercial relations and among government officials and political candidates.
At a minimum, Grace complies with applicable local, state and national laws regarding human rights and workers' rights everywhere we operate.
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Commitment on Forced Labor and Human Trafficking
This statement relates to the financial year ending December 31, 2016. It is published by W. R. Grace & Co. and its subsidiaries (collectively, "Grace") in compliance with the UK's Modern Slavery Act 2015, and sets forth the actions that Grace has taken and continues to take to ensure that forced or compulsory labor and human trafficking do not occur in Grace's businesses and supply chain.
Grace's core values include an unwavering commitment to integrity and ethics.
Grace's Business Ethics Policy affirms the company's commitment to comply with all applicable laws and be governed by the highest level of business ethics.
Grace is committed, wherever it operates, to the protection and advancement of Human Rights, as detailed in
Grace's Statement of Human Rights, which documents the company's commitment to not using child or forced labor; to recognizing employees' freedom of association; and to protecting the environment and the health and safety of its employees, customers and the communities in which it operates.
Grace expects its business partners to share this commitment to
operating with the highest standards for business ethics, human rights, environmental protection and workers' rights.
Grace's policy requires that all third parties who provide products or services to Grace ("Suppliers") act in compliance with
Grace's Supplier Code of Conduct and adopt practices that are consistent with it.
In particular, that Code of Conduct requires that no form of forced or compulsory labor be used by Grace's Suppliers, and that workers have safe and healthy working conditions that meet or exceed applicable standards and laws.
Grace requires that its Suppliers with a minimum defined annual spend sign Grace's Supplier Code of Conduct to affirm their commitment to meet these standards, or confirm in writing that the Supplier's own code of conduct meets or exceeds the standards set forth in Grace's Code of Conduct.
Grace encourages its Suppliers to require their own suppliers and subcontractors to adhere to the requirements and principles of Grace's Supplier Code of Conduct in their operations.
A Supplier's failure to meet these standards is grounds for Grace to terminate any contracts and transactions with the Supplier.
Grace remains committed to managing any risks of forced labor in its supply chain, and applying practices that ensure Grace Suppliers adhere to Grace's core values.
Alfred E. Festa
Chairman and Chief Executive Officer