Liberty Tire Recycling | 2022 Environmental, Social & Governance Report 48 GRI CONTENT INDEX GRI 201: Economic Performance 2016 Disclosure Location Data 201-3 Defined benefit plan obligations and other retirement plans Liberty Tire offers a non-standardized defined contribution plan to those age 21 and older working part-time or full-time. Employees reach eligibility the first quarter following 90 days after their hire date. The employer match is 50% on the first 1-2% of employee contribution and 25% on the next 3-4% employee contribution. Liberty’s 401k plan is voluntary. Liberty does not offer an employer pension plan GRI 202: Market Presence 2016 Disclosure Location Data 202-1 Ratios of standard entry level wage by gender compared to local minimum wage Ratio of Male to Standard Federal minimum wage - 2:54, Ratio of Female to Standard Federal minimum wage - 2:58. Employees in all locations are compensated at or above minimum wage. In some job categories, this may be a combination of hourly wage and piece rate. LTR considers all locations of operations to be significant locations of operation. An FLSA audit is performed to ensure all individuals are paid at least minimum wage. Omission Statement: LTR does not currently track wages for workers who are not employees as they are paid through a contracted agency. Reason for Omission: Information unavailable GRI 203: Indirect Economic Impacts 2016 Disclosure Location Data 203-1 Infrastructure investments and services supported Zero-Waste Goal (p. 13), Advancing Sustainable Products (p. 14-20), Accelerating Environmental Stewardship (p. 21-29) 203-2 Significant indirect economic impacts Zero-Waste Goal (p. 13), Advancing Sustainable Products (p. 14-20), Accelerating Environmental Stewardship (p. 21-29) GRI 205: Anti-corruption 2016 Disclosure Location Data 205-1 Operations assessed for risks related to corruption Operating Responsibly (p. 41) Omission Statement: Liberty Tire has not yet conducted a corruption risk assessment, however the company recently hired an Enterprise Risk Manager who will be responsible for determining risks related to corruption. Reason for Omission: Information unavailable/incomplete 205-2 Communication and training about anti-corruption policies and procedures Operating Responsibly (p. 41)
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