Improving Millions of Lives And Saving Billions of Dollars: Sustainable Investing & CJ Reform
Investors have joined grassroots activists to mitigate the toll that mass incarceration takes on the US: human suffering and 6% of GDP. The direct cost of incarceration in the US is $80 billion, but when it includes the costs to the 2.3 million individuals jailed in the US and their families and communities, the total cost to society is approximately $1.2 trillion or 6% of GDP, according to Carrie Pettus-Davis of Florida State University.
Sustainable investor solutions to mass incarceration range from focusing solely on private prison operators to considering the entire prison-industrial complex and from divesting to engaging.