This CEO Wants to Turn Prison Risk Into a Universal Financial Metric
We've heard of fossil fuel-free investments, but what about prison-free portfolios? This type of values-based investing lens may soon be more common in the U.S. market thanks to a newly launched "decarceration index."
FastCompany has featured FreeCap’s Decarceration Index
This new ‘decarceration index’ ranks companies that avoid prison contracts and hire formerly incarcerated workers.
BITA and FreeCap Financial Partner to Launch The FREE Index (FREEIN)
BITA and FreeCap Financial, a leader in data-driven criminal justice reform, are proud to kickstart their indexing partnership with the launch of The FreeCap Financial BITA Decarceration Index. Leveraging BITA's expertise in global index administration and calculation, alongside FreeCap Financial's racial-justice-informed datasets, this partnership will offer a tailor-made financial solution for fair chance hiring and prison risk mitigation.
FreeCap’s ‘decarceration index’ highlights companies outcompeting with fair-chance hiring
Dennis Price writes, “A new ‘decarceration index’ from FreeCap Financial helps investors identify companies with industry-leading fair chance hiring practices. Companies ‘able to hire people with arrest records are going to be in a better position to compete in the labor markets in the future,’ says Tanay Tatum-Edwards of FreeCap Financial, a data provider that helps quantify the prison industrial complex for investors.
Do Your Investments Support the U.S. Prison System? It Will Soon Be Easier to Find Out
Mary Mazzoni does a deep dive into FreeCap's data insights across prison vending contracts, prison labor, and fair chance hiring to shed light on how capital markets uphold the mass incarceration system and what investors can do about it
Five women who invest for social justice
In honor of International Women’s Day, ImpactAlpha featured the impact origin story of FreeCap founder and CEO Tanay Tatum-Edwards and four other women in impact investing.
Patient funding is crucial for social entrepreneurs to survive the ‘death valley curve’
2/6/23 Patient funding is crucial for social entrepreneurs to survive the ‘death valley curve’:
