?? New Substack Article!?? Did you know taxpayers are footing the bill for massive Immigration and Customs Enforcement (ICE) contracts with private companies? Our latest?article?delves into the financial ties between ICE and its?five?largest corporate partners, highlighting the billions spent on government contracts that fuel mass deportations. While claims of government cost-cutting make headlines, these contracts remain largely untouched. ?? Read now to see how your tax dollars are being used: https://lnkd.in/g8gxAAPJ #Immigration #Deportation #GovernmentSpending #Taxpayers #ICE
FreeCap Financial, Inc
金融服务
Washington,District of Columbia 729 位关注者
The leading data provider of criminal justice investing criteria
关于我们
FreeCap Financial is the leading data provider for criminal justice investing criteria. Our data tracks vendor relationships for 3,000 companies and benchmarks the entire S&P 100 on how well companies implement fair chance hiring policies (i.e. second chance hiring) and manage prison labor risks in their supply chain. We utilize public data sources to track public companies’ participation in the US prison industrial complex and use our proprietary ratings methodology to rate the ways they positively or negatively contribute to mass incarceration. We measure seven indicators across fair chance hiring and prison risk mitigation. Not only that, we quantify the exact dollar amounts companies make from prisons through our Prison Vending Relationship Dataset, providing the only dataset that quantifies the prison industrial complex. With increased transparency comes better benchmarking, reporting, and decision-making. Our data enables investors to align their money with their values by investing in solutions to mass incarceration. Together, we can turn decarceration into a global investing movement.
- 网站
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https://www.freecapfinancial.com
FreeCap Financial, Inc的外部链接
- 所属行业
- 金融服务
- 规模
- 2-10 人
- 总部
- Washington,District of Columbia
- 类型
- 私人持股
- 创立
- 2019
地点
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主要
US,District of Columbia,Washington,20001
FreeCap Financial, Inc员工
动态
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Between 2019 and 2023, GEO Group—a private prison company—generated over $10B+ in revenue from Immigration & Customs Enforcement (ICE) contracts. That was before this administration promised the largest domestic deportation operation in history. Today, my team and I released a list of 10 companies with the most significant vendor relationships with the agency, representing over $28B in taxpayer-dollar expenses during this period. Read the full article to learn: ?? The role corporations play in enabling mass deportations ?? The 10 companies with the largest Immigration & Customs Enforcement (ICE) contracts ?? Why these business models may be unsustainable long-term Companies engaged in mass deportations may deepen their pockets in the short term, but political and reputational backlash could cost them in the long term. Subscribe to our Substack to learn why.
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Since taking office, Trump has launched a nationwide immigration crackdown, promising the largest domestic deportation operation in history. While the human cost of mass deportations is clear, the financial incentives are often hidden. Our latest Substack article uncovers the top companies profiting from the U.S. immigration system, detailing the reputational and economic risks of investing in companies whose growth depends on increased detentions. Read the full article to learn: ?? The role corporations play in enabling mass deportations ?? The 10 companies with the largest Immigration & Customs Enforcement (ICE) contracts ?? Why these business models may be unsustainable long-term #SustainableInvesting #CorporateResponsibility #Immigration #ICE #deportation https://lnkd.in/gw9NQDuS
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??This week on #Substack, we dive into what real DEI leadership looks like by comparing the approaches of two retail giants: #Target and #Costco. Our key takeaway? DEI should be rooted in business fundamentals, not political trends. When companies waver on DEI or other impact initiatives, they lose trust and credibility, while companies with a long-term vision will always come out ahead. We analyze Target's DEI missteps, Costco's successful strategy, and what we can learn from this moment as leaders, investors, and shareholders. Read our full analysis here: https://lnkd.in/e8hvCwHu #ValuesBasedInvesting?#SustainableInvesting?#HumanCapital?#CorporateResponsibility?#DEI
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?? Introducing Our New Substack We’re pulling back the curtain on?values-based investing, corporate responsibility, and systemic workforce dynamics—all backed by data from?3,000+ publicly traded companies. As political landscapes shift, businesses are making critical decisions about?hiring, diversity, and labor policies. Our newsletter will cover key topics such as: ? Which companies stand to profit from mass deportation policies ? Who is actively implementing equitable hiring practices ? How corporations are evolving (or retreating) on DEI commitments If you care about?human capital investing?and the?real impact of policy on business and workers, this is for you. https://lnkd.in/ddfbQGnz ???Subscribe now?to join the conversation and stay ahead of the curve We can’t wait to hear your thoughts and build this community with you! #ValuesBasedInvesting #SustainableInvesting #HumanCapital #CorporateResponsibility #FairChanceHiring #DEI?
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If you need a reminder to review your investment portfolio and ensure you’re not investing in private prisons, this is it. As of July 2023, more than 90% of the people held daily in ICE detention centers were housed in private facilities. The federal government doesn’t have enough resources to do mass deportations on its own. It can only happen with the support of private prison operators. GEO Group and CoreCovic are the two largest publicly traded private prison companies. Ask your financial advisor if you are invested in them—and if you are, how you can move your money.
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1/3 companies explicitly ban the use of prison labor within their supply chain. The other 2/3 have vague language around human rights policies. Find out the top 11 companies benefiting from committing to transparent and fair labor practices in our latest Criminal Justice Report https://lnkd.in/dpMw2jpy
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The day has come - our third annual Criminal Justice Report is now published! Check out which companies improved, faltered, and continue to lead the way in fair chance hiring and prison risk mitigation: https://lnkd.in/d_nenq8r
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Mark your calendars! Our 2024 Criminal Justice Report will be released this upcoming Monday, December 9th. Check out another one of our leadership spotlights?below. Deep dives included in the final report. Walmart outshines once again! #Walmart #FairChanceHiring #Justice #Freedom #SecondChance #Impact ?????
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On our second preview of our Annual Criminal Justice Report, we are highlighting PepsiCo. This year, PepsiCo replaced it's biggest competitor on our rankings, breaking into the top ten with minimal involvement in the prison industrial complex. #freedom #impactinvesting #fairchancehiring #secondchancehiring #finance
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