1. CalSTRS to Divest from Private Prison Companies CoreCivic, GEO Group

    CalSTRS to Divest from Private Prison Companies CoreCivic, GEO Group

    The risk factors to which CalSTRS' staff referred in the pension fund's environmental, social and governance policy included "respect for human rights ...

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    1. The board conducted a review of the staff research. We agreed that the engagement efforts were thorough and listened to our expert investment consultants. Based on all the information and advice we were provided, the board decided to divest according to the policy criteria.
    2. While staff has been informed by both companies that they were not directly involved in the separation of the family, they did provide capacity for the detention of the parents.
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