John,

You did it -- you showed TD Bank, and the international banking industry,
that we will hold them responsible every single time it tries to reinvest
in private prison corporations.

Just 24 hours after you helped launch our campaign calling on TD Bank to
divest from Trump’s favourite private prison company, GEO Group, the bank
promised to recommit to never investing in the GEO again.

When we found out that TD Bank quietly bought tens of thousands of shares
in GEO Group during the start of the pandemic, we started a petition.
Within hours, more than 20,000 of you signed the petition and SumOfUs
landed an exclusive story on Bloomberg News. In response to your pressure,
TD told the Bloomberg reporter that it no longer holds the shares in GEO
and commits to not have financial ties with private prison corporations in
the future.

Due to the decades-long grassroots campaign, every single bank in the
world committed to end financial ties with GEO and CoreCivic last winter.
It was a massive win against the American prison industrial complex and
the two companies that are responsible for building Trump’s concentration
camps along the Mexican-US border where kids are held in cages and
separated from their parents.

And thanks to your pressure on TD Bank, every bank in the world knows we
will be watching them to make sure they never invest in the infamous
private prison corporations again. Please watch and share the video
explaining this important win against TD and the American prison
industrial complex.  

[ [link removed] ]Please watch and share the video explaining this important win against
TD and the American prison industrial complex.

[ [link removed] ]screenshot of video clip with play button of TD win victory video

This is not the first time that SumOfUs members led and won a campaign
pressuring financial institutions to divest from GEO Group. Last year,
through the pressure of tens of thousands of SumOfUs members, including
hundreds who showed up at CPP’s public events, we forced a 300 billion
dollar pension plan to stop its investment in GEO Group and CoreCivic.

And together we now got Canada’s second largest corporation, TD Bank, to
commit to distance itself from notorious private prison corporations.

Thank you for continued pressure pushing for the end of the American
prison industrial complex.

 



Thanks for all that you do,
Angus, Amelia, Vicky, Nick and the team at SumOfUs


More information:

[ [link removed] ]TD Accused of Holding Shares in Controversial U.S. Prison Firms,
Bloomberg, Aug. 6th, 2020
[ [link removed] ]FP/wire say TD seen backing U.S. prison companies, Stockwatch, Aug.
6th, 2020

 

 

SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

Please help keep SumOfUs strong by chipping in $3. [link removed]