Your subscription includes access to our dataset which aggregates payments between companies and corrections departments and quantifies how much each company has made since 2019. The dataset covers 9 industries and over 3000 companies and has complete coverage of the S&P 500, Russell 1000, Russell 2000 and two dozen privately held companies with large volume of private prison contracts. As part of the subscription, you get access to quarterly updates as well as historical annualized data back to 2019. Subscribers also get a monthly trends report covering industry trends and ongoing prison-risk concerns to help you make more socially responsible investing decisions. We are constantly working to add more data for our members, and subscribers are the first to know when that data becomes available and how they can use the data.

You can customize the subscription in 3 month or 12 month increments.

If you are a financial institution or a Money Manager:

Easily integrate racial and social justice factors into portfolio analysis, equity research, screening or quantitative analysis, so you can more effectively meet investment mandates and identify risks across your ESG investments.

If you are an independent Investor:

Invest in solutions to mass incarceration and ensure your investments are not only aligned with your values, but are also producing social and financial returns.

Members get access to the exclusive member area of our website where they can easily access the data and metrics via their browser. Members also have the ability to download the data in CSV format.

Yes! All of the data can be downloaded in CSV format so that you can use it for your investment decisions.

We currently cover 25 states, which account for over 50% of the incarcerated population. We are working to cover all 50 states, and subscription members get first access as soon as the data is updated.

The current list is: Alaska, Connecticut, Delaware, Florida, Georgia, Iowa, Louisiana, Maryland, Massachusetts, Minnesota, Nebraska, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Rhode Island, Tennessee, Texas, Vermont, Washington, West Virginia, Wisconsin, Wyoming.

One of FreeCap’s indicators is transparency in a company’s supply chain. You may be wondering - just because a company uses prison labor, does that make it wrong? Well…it’s complicated. Though some prison jobs create opportunities to develop new skills, the majority of incarcerated workers are paid less than a dollar a day and are doing tasks that don’t translate into employment when they return home. FreeCap’s ratings accounts for the nuances in this standard and the perspectives that acknowledge the potential social benefits of prison labor. Our supply chain metrics examine how well each company knows each part of its business, resulting in not only less prison labor but more rights for all workers. Because of our scorecard, an investor can make the unprecedented choice of whether or not they want any traces of prison labor in their investments.

No! FreeCap’s ratings gives investment advisors the transparency they need to monitor prison-risk in their supply chains and make decisions about investments that align with their values. We do NOT make recommendations on how investors should allocate or balance their portfolio. We are focused on transparency and you as an investor decide how our research feeds into your financial model.

FreeCap’s theory of change asserts that divestment is not enough. We must identify and pursue solutions. As a shareholder, you can file a “shareholder resolution,” calling on a company to change the way it conducts business and to share with investors its current efforts to combat the prison industrial complex.