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Second Nature and the Intentional Endowments Network would again like to thank everyone who participated in the year-long 2021 Climate Action Pursuit! Thank you to our planning design committee, sponsors, host institutions, organizational partners, Second Nature & IEN staff and interns, and all of you who "attended"!  

If you are looking for the December session recordings, please note that session recordings from ALL milestone events will be made publicly available after the First of the Year. Stay tuned!

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 - Your Second Nature & IEN Teams
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Thursday, February 25 • 11:00am - 12:30pm
Racial Equity Investing 101: No Justice, No Peace Without Prison Free Portfolios

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Because of the racist history of incarceration in the U.S., racial justice, and racial equity investing, are impossible without dismantling the prison industrial complex, one that systematically targets thousands of primarily poor Black and Indigenous communities for disenfranchisement while making billions for corporations and shareholders every year. Doing so will require going beyond private prisons, which hold less than 8% of all incarcerated people in the country. This session will offer an opportunity to learn some of that history and what it means for environmental justice and investors. You will hear directly from a lawyer and activist formerly with the Mecklenburg County Public Defenders' office, with first-hand experience inside the penal system due to the protests last summer, and learn how to begin taking action from pioneers in racial equity and prison free investing.

Some key takeaways from this session:
  • Slavery didn’t end with the 13th amendment - it just evolved, and we see slavery today in the operations of the prison industrial complex. In fact, the United States has nearly 25% of the world’s prison population despite making up under 5% of the global population. Mass incarceration not only impacts the individuals in prison but their families, communities, and our entire society - it’s hurting us all. Investing in a financially profitable prison industrial complex in the short term is never the answer when we can invest directly in people and their success.
  • Corporations often don’t want to know if they have prison labor in their supply chains so investors will need to educate themselves, in order to push portfolio companies to look into the use of prison labor and disclose that information.
  • All of us, including investors, are complicit in upholding oppressive systems and we need to understand how in order to start operating differently. But these systems were created - they're humanmade, not natural and so we absolutely can dismantle them. And since we have the power to do that, each of us can be part of the solution as much as, and even more so than, we are a part of the problem.

avatar for Jochebed Bogunjoko

Jochebed Bogunjoko

Founder & CEO, J Aduke Consulting

avatar for Renee Morgan

Renee Morgan

Social Justice Strategist, Adasina Capital
avatar for Habekah Cannon

Habekah Cannon

Managing Attorney, The Law Office of Habekah B. Cannon
avatar for Ivy Jack

Ivy Jack

Head of Equity Research, Northstar Asset Management
avatar for Patience Marime Ball

Patience Marime Ball

Founder & CEO, Women of the World Endowment

Thursday February 25, 2021 11:00am - 12:30pm EST