US activists target banks over finance to for-profit prisons, detention centresBY RACHEL ALEMBAKIS | FRIDAY, 3 AUG 2018 3:50PMA coalition of more than 80 US-based grassroots organisations are protesting US President Donald Trump's policy of immigrant detention through a campaign targeting banks JP Morgan Chase and Wells Fargo for providing debt financing for two for-profit prison companies - Core Civic and GEO Group - that operate immigrant detention centres housing people. |
Editor's Choice
UN pension chief joins Northern Trust
The head of the United Nations Joint Staff Pension Fund is taking on a new role at Northern Trust Asset Management.
Podcast: Exploring emerging markets and sustainability
Pablo Berrutti, senior portfolio specialist at Stewart Investors, discusses emerging market investment opportunities and their main growth drivers.
Carbon emission stabilisation 'reframes' investment climate risk: Emmi
Latest modelling from Emmi indicates carbon emissions may plateau within the next two years before gradually declining, signalling the first ever emission stabilisation outside of an economic crisis.
Hollywood heavyweights call on pension fund to divest fossil fuels
The likes of Sally Field, Mark Ruffalo and Jane Fonda are calling on the SAG-Producers Pension Plan to dump its holdings in oil and gas companies.