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8 Nov 2018

USA: California State Teachers’ Retirement System divests from for-profit prison companies GEO Group & Core Civic

In November 2018, the Teachers’ Retirement Board of the California State Teachers’ Retirement System voted to divest from CoreCivic and GEO Group, two U.S. publicly-held companies that operate private prisons. CoreCivic and GEO Group had been accused of profiting from the detention of immigrant and asylum-seeking families and separation of families in the United States. See responses from both companies to this allegation here.