💥#BREAKING: @CalPERS has quietly divested from for-profit prison giants CoreCivic and GEO Group over their systemic human rights abuses of migrants and other detainees‼️@Edu4MigrJustice 
@CalPERS @Edu4MigrJustice This is a huge victory for social justice advocates and the result of more than a year's worth of advocacy by the @Edu4MigrJustice campaign & activism by rank and file union members who have been standing up & speaking out at CalPERS board meetings since last December.
@CalPERS @Edu4MigrJustice This is the first known instance of CalPERS making an internal financial decision to divest as a result of an external initiative or campaign and was based on growing concerns about the material risks both companies’ systemic human rights abuses pose to their bottom lines.
CalPERS is one of the world’s largest & most influential institutional investors & their decision to cut their financial ties to CoreCivic and GEO Group sends a strong message to other investors that financial complicity in egregious human rights abuses is not an option.
.@Edu4MigrJustice has been working behind the scenes w/ CalPERS board members & garnered overwhelming support after providing a report on divestment & fiduciary duty that outlined the material financial risks posed by the cos' forced labor, med neglect, & deliberate understaffing
