Canada - Jesuits Invest in Corporations, Fight for Better Business Practices from the Inside

Working through shareholder activism, the Jesuits West Province recently helped pass a shareholder resolution to hold GEO Group, one of the largest for-profit prison and detention center operators in the U.S., accountable for human rights and treatment of detainees. Working in partnership with investors and members of the Interfaith Center on Corporate Responsibility (ICCR), the Jesuits requested that GEO “report annually…on how it implements” its human rights policy in its facilities, which include 69 in the United States. Jesuits West was one of a number of religious organizations that bought a small number of shares in GEO nine years ago with the intention of influencing corporate policy and standards, a tactic known as shareholder activism. Read more…