Market Updates & Recent Developments
Unprecedented Commitment to ESG within the Corrections Industry
.
CoreCivic released the Company's fifth Environmental, Social and Governance (ESG) report in April 2023, demonstrating the continued
commitment to transparency and accountability and providing more robust disclosures to show how the Company betters the public good every
day
The report details how the Company is helping to tackle the national crisis of recidivism and provides quantified evidence of progress being made
toward company-wide reentry goals
The Company actively supports policies aimed to improve the opportunities available to its residents upon reentry
➤ Ban the Box (a.k.a. "fair-chance") legislation designed to eliminate hiring practices that discriminate against rehabilitated justice-involved
persons
➤ Pell Grant restoration, Voting rights restoration, Licensure reform policies to improve reentry opportunities for formerly incarcerated individuals.
Go Further is an evidence-based process that unites CoreCivic staff and those planning for reentry to produce successful outcomes
BAN
BOX
GO
Life is worth the journey.
After careful assessment, a life plan is developed to address potential barriers to reentry such as educational needs and substance use FURTHER
disorders
Initial primary focus was on social-related metrics and increased transparency
Market perception already experiencing positive impact:
-
ISS Corporate Solutions Quality Score – May 2023
CoreCivic
Social
2
Higher Disclosure
Governance
3
Lower Risk
Environmental
Higher Disclosure
Source: ISS Corporate Solutions
Note: To view all CoreCivic's ESG Reports, click here: https://www.corecivic.com/esg
Lower Disclosure
2022 ESG REPORT
Higher Risk
6
Lower Disclosure
CoreCivic
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