In January 2012, the United Methodist General Board of Pension & Health Benefits (GBPHB) divested from the largest private, for-profit prison entities: Corrections Corp. of America (CCA) and GEO Group. GBPHB also created a new investment screen to prohibit investment in companies that derive more than 10% of revenue from the management and operation of prison facilities.
Petitions for Member Education and Mobilization
Concerned members of the United Methodist Church (UMC) set up a petition, United Methodists Against Unjust Investments, to raise awareness about the UMC’s investments and to educate its membership about private prisons.
Learn more about the UMC pension divestment story here.
Anti-Private Prison Resolutions
In July 2012, the General Assembly of the Presbyterian Church (PCUSA) voted to affirm a statement they made in 2003 to oppose private prisons. The Resolution Calling for the Abolishment of Private Prisons also encourages individual Presbyterians and congregations to divest from private prisons.