Industry Leaders in Fair Chance Hiring: Apple (4/4)
The final post of our four-part blog series highlights Apple for their robust support for fair chance hiring practices, including: a strong fair chance hiring policy, community partnerships for skills development, technology initiatives to advance justice initiatives, and grantmaking to support reentry services
Industry Leaders in Fair Chance Hiring: Union Pacific Corporation (3/4)
The third of our four-part series highlights Union Pacific Railroad for their robust support for fair chance hiring practices, including: a strong commitment to fair chance hiring, recruitment of justice-involved workers, and sharing of hiring best practices.
Industry Leaders in Fair Chance Hiring: JP Morgan Chase & Co. (2/4)
The second of our four-part series highlights JPMorgan Chase & Co. for their robust support for fair chance hiring practices, including: a strong commitment to fair chance hiring, programs advancing job opportunities, support for record-expunging legislation, and CEO thought leadership.
Industry Leaders in Fair Chance Hiring: Company Roundup (1/4)
The first of a four-part series highlighting our top performing companies when it comes to fair chance hiring, diving into the specific policies and programs these companies employ
Letter from the Research Analyst: Takeaways from FreeCap’s Prison Vending Data (3/3)
Research Analyst Erika Folgar covers key takeaways from FreeCap Financial’s prison vending data. This post is part of a three-part expert series on FreeCap’s data findings from the 2023 Criminal Justice Report.
Letter from the Research Analyst: Recent Trends in Prison Labor Use (2/3)
Research Analyst Erika Folgar breaks down the latest trends in prison labor use identified in FreeCap Financial’s 2023 Criminal Justice Report. This post is part of a three-part expert series on FreeCap’s data findings.
Letter from the Research Analyst: Recent Trends in Fair Chance Hiring (1/3)
Research Analyst Erika Folgar breaks down the latest fair chance hiring trends identified in FreeCap Financial’s 2023 Criminal Justice Report. This post is part of a three-part expert series on FreeCap’s data findings.
Dr. King's Legacy: Confronting Mass Incarceration and Racial Injustice Today
Like the racial injustices Dr. King was protesting at his time, combatting the mass incarceration crisis demands the power of collective action. It also demands that this action be directed towards promoting solutions leading to sustained, material change for incarcerated folk. On this MLK Day, we at FreeCap are remembering the words Dr. King wrote from behind bars: “Injustice anywhere is a threat to justice everywhere.” We hope you will too.
A New Year’s Resolution FreeCap Can Help You Stick To: Investing in Justice
Let FreeCap help you bring in the New Year by making it easier than ever to know which companies align with your values and which ones don’t. Our latest Criminal Justice Report makes it clear which companies are hiring formerly incarcerated workers and mitigating prison labor’s use and which ones are falling behind. Let our data help you align your investments with racial equity values in 2024.
FreeCap Announces its 2023 Criminal Justice Report
We are excited to publish our second Criminal Justice Report covering the S&P 100! Our latest report analyzes companies' programs and policies regarding fair chance hiring and prison risk mitigation. We also highlight these companies' progress since 2021 using data from our first Criminal Justice Report.
Vending and Connectivity (2/2): The Exploitative Relationship Between Private Companies and Prisons
As private companies contract with corrections departments nationwide, they often charge excessive prices and compromise on quality and worker safety, writes FreeCap Data Science Lead Jordan Brown.
Vending and Connectivity (1/2): How FreeCap is Untangling the Web in Prison Vending
FreeCap’s financial research provides an unprecedented level of transparency regarding the connection between private company vending relationships and criminal justice. Read about our findings as we produced our Criminal Justice Scorecard breaking down the criminal justice footprint of 100+ companies.
The Invisible Workforce We Need to Recognize
Amidst Labor Day celebrations, Americans must not also forget the labor and well-being of justice-involved folk as private companies partner with correctional facilities to make billions from their work, writes FreeCap Data Science Lead Jordan Brown.
On the Mass Incarceration Crisis
1 in 2 Americans have had a family member incarcerated for at least one night, a symptom of the United State’s mass incarceration crisis that creates 10.6 million jail admissions per year and disproportionately affects Black Americans. To make matters worse, thousands of privately owned companies profit from the U.S. detention system.
The Prison Industrial Complex
A significant number of prison-work program exploit incarcerated folk by putting them to work for little to no pay and in poor working conditions. But fewer than half of the companies FreeCap rated explicitly ban prison’s labor use in their supply chain.
The Case for Fair Chance Hiring
Employers are typically reluctant to hire applicants with histories of incarceration due to legal and social stigma. However, the hiring of justice-involved individuals, or fair chance hiring, can reduce recidivism and give companies a talented workforce with low turnover rates.
Why We Need a Criminal Justice Report
Through a rating system that uniquely accounts for the risks companies incur from being involved with the criminal justice system, FreeCap makes it easier to invest in your values, writes FreeCap CEO and Founder Tanay Tatum-Edwards.