abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

2 Mar 2020

Author:
Investor Alliance for Human Rights

Human rights risk briefing: Palantir's exposure to human rights risks & engagement guidance for investors

See all tags

As a developer of big data software with multiple government contracts related to immigrant detention and law enforcement, Palantir is therefore highly exposed to a range of human rights risks... Palantir has received over $200 million in contracts to design and run two software systems for ICE... Both contracts are with HSI, the division of ICE responsible for workplace raids... According to the UN High Commissioner for Human Rights, the practice of separating children from their families, as enforced by ICE, constitutes “arbitrary and unlawful interference in family life, and is a serious violation of the rights of the child.”

... Palantir’s products and services significantly enhance the capacity of ICE to identify, detain and deport individuals and families, which, in turn, increases the number of people who have been subject to human rights harms perpetrated by ICE... A review of publicly available information indicates that Palantir has not taken meaningful steps to respect human rights and mitigate the harms associated with use of its products and services by ICE... We encourage investors with holdings in Palantir or in private equity firms with investments in Palantir to consider:

  • Review[ing] holdings to identify exposure to directly owned shares of Palantir or shares in publicly traded firms with holdings in Palantir
  • Engag[ing] Palantir or encourage intermediaries with holdings in Palantir to engage the company to assess the company’s policies and risk management systems
  • Exercis[ing] leverage... to call on Palantir to prevent, mitigate, and account for adverse impacts

Story Timeline