A matter of time: Will prisons be the next big ESG debate? (Responsible Investor)

NorthStar’s work on mapping prison labor in the supply chain was recently featured in a Responsible Investor article. The article describes the growing trend in socially responsible investing to take a closer look not only at investments in private prisons, but also the wider network of companies that are somehow related to prisons in general. While private prisons like GEO Group and CoreCivic are one type of investment for socially responsible investors to contend with in (and potentially omit from) their portfolios, a range of companies interact with prison systems in different ways. The recent¬†Responsible Investor article highlights NorthStar’s recent paper which seeks to make connections between capitalism and slavery, while also encouraging corporations to perform an audit of their supply chains in order to identify any instances of prison labor connected to the company.

Read the article here: A matter of time: Will prisons be the next big ESG debate?

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