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Article
12 July 2019
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Author: L'Echo (Belgique)

« BNP Paribas renonce à financer les centres de détention controversés aux USA », 11 juillet 2019...

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Article
10 July 2019

SunTrust is latest bank to halt financing of private prisons

Author: Lanahn Nguyen, Bloomberg

SunTrust Banks Inc., the lender merging with BB&T Corp., said it won’t provide future financing to companies that manage private prisons and immigration holding facilities. “This decision was made after extensive consideration of the views of our...

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Article
5 July 2019

Canada pension fund divests from US migrant detention firms

Author: Tracey Lindeman, The Guardian

"Canada pension fund quietly divests from US migrant detention firms," 5 July 2019...

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Article
26 June 2019

USA: Bank of America will stop lending to private-prison firms

Author: Lananh Nguyen, Bloomberg

Bank of America Corp., the second-biggest U.S. bank, will stop lending to companies that run private prisons and detention centers. “We have decided to exit the relationship’’ with companies that provide prison and immigration-detention services, Vice...

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Article
6 March 2019

USA: JPMorgan Chase to stop financing private operators of prisons & detention centers

Author: David Henry & Imani Moise, Reuters

"JPMorgan backs away from private prison finance," 5 March 2019...

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Article
28 February 2019

Representative Ocasio-Cortez wants hearing on banks funding immigrant prisons

Author: Max Abelson, Bloomberg

Alexandria Ocasio-Cortez said she wants Wall Street to tell Congress why it’s lending to private prisons that hold undocumented immigrants. "We’re going to hold oversight hearings to make these banks accountable for investing in and making money off of...

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Article
14 January 2019

Investor activists press U.S. prison operators on human rights

Author: Ross Kerber, Reuters

Activist investors said... they filed shareholder resolutions at two U.S. private prison operators, looking to link executive pay to human rights considerations at CoreCivic Inc and have Geo Group give more details on the treatment of people held at...

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Story
14 January 2019

USA: Investors file resolutions with companies at risk for human rights violations due to govt. contracts related to immigration

In December 2018, investor members of the Interfaith Center on Corporate Responsibility launched a corporate campaign focused on a group of six companies across the private prison, e-commerce, banking and defense sectors, deemed at risk for human...

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Article
13 January 2019

Shareholder resolution filed at CoreCivic

Author: CoreCivic shareholders

CoreCivic recognizes the importance of performance-based pay, touting the fact that 74% of executive officer compensation in 2017 was tied to performance... We agree that companies should reward behavior that creates long-term value even if it does not...

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Company response
13 January 2019

CoreCivic's response

Author: CoreCivic

For several years, our company has had in place a detailed Human Rights Policy that clearly outlines our commitments regarding resident rights and treatment, including legal rights, safety and security, healthcare, reentry programming, visitation and...

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