divest

Hannah Colton / KUNM

An effort to get public money out of private ICE detention in New Mexico saw a partial victory this week. A coalition of educators and immigrants rights advocates have been urging the New Mexico Educational Retirement Board to drop investments in CoreCivic and GEO Group, corporations that own or manage three-quarters of migrant detention facilities in the U.S and are accused of a range of civil and human rights abuses. Between the two, they also imprison hundreds of state and federal inmates in four New Mexico counties.

In a retirement board meeting Friday, members pushed off a decision to divest until later this fall. But the stock market decided for them in one case: CoreCivic is being dropped from the fund’s portfolio this week due to poor financial returns. 

Professor Calls For UNM To Divest From Fossil Fuels

May 1, 2015
Arianna Sena

A University of New Mexico professor used her acceptance speech for a prestigious award Wednesday to call on UNM to stop investing in the fossil fuel industry.

Associate Professor Tema Milstein was chosen as UNM's Presidential Teaching Fellow for 2015-17. She took the opportunity during her acceptance speech to urge the university to stop using higher education money to fund fossil fuel production.