New York City’s pension system became the first in the nation to fully divest from private prisons today, dumping about $48 million worth of stock and bonds from GEO Group, CoreCivic Inc. (CCA) and G4S.
This incredible victory strikes a blow to private prisons and the immigration and criminal enforcement systems they promote and profit from. Due to our organizing, the Prison Divestment Campaign has spurred a movement led by people directly impacted by criminalization: $3.5 billion have now been divested from private prisons. (Check out our campaign impacts here.) READ MORE