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On the 2 yr anniversary of the @Edu4MigrJustice campaign launch, @ESGtransparency is sharing the groundbreaking report that led CalPERS, the US’ largest pension, to divest from for-profit prison giants CoreCivic & GEO Group.
👉🏻 Check out the report at esg-transparency.org
👉🏻 Check out the report at esg-transparency.org
I'll be adding to this 🧵throughout the day to highlight some of the most shocking & important details from the report (and help break them down into English).
GEO doesn't have insurance for "claims related 2 employment matters," which likely applies 2 claims in all 3 class-action suits. In a '19 SEC filing, GEO identifies "an⬆️in unreimbursed labor rates" & their “exposure to⬆️employee & inmate med costs” as threats 2 their bottom line
