Banks, tech firms and wealth managers fail ESG screen (Financial Planning)
“Despite many public pronouncements of support for the Black Lives Matter movement from major consumer banks, they’re still providing loans to private prison companies.” Read the full article from Financial Planning about…

Adasina Updates Racial Justice Impact Data to Include Publicly-Traded Companies that Own Prison Bonds
“Adasina Social Capital (“Adasina”), an investment and financial activism firm that serves as a critical bridge between financial markets and social justice movements, today announced an important update to the acclaimed Racial…
Racial Justice & Investing- A Year in Review
In the summer of 2020, we first publicized our Racial Justice Investor Dataset – a list of public companies that fail to meet Adasina’s Racial Justice Investment Criteria. The reach of that…
Resources from Morningstar’s “Closing the Gap: Building Black Dollars”
“In a recent YouTube event, “Closing the Gap: Building Black Dollars,” financial professionals Brian Thompson and Rachel J. Robasciotti joined Morningstar associate editor Keith Reid-Cleveland and behavioral researcher Michael F. Thompson to put…
“Building Black Dollars” Morningstar Roundtable
Rachel Robasciotti spoke on the role of asset managers in Building Black Dollars at a recent Morningstar Roundtable. Watch the recorded conversation here. For more info about the Adasina ETF, visit adasinaetf.com.
What can investors do in the face of racial injustice? Maybe more than you think (MarketWatch)
“the Adasina Social Justice All Cap Global ETF JSTC…might be the racial-justice fund of the post-Floyd era: bigger, broader, a little more responsive, and a lot more social.” Read the full article…
Barclays Drops Its Role as Lead Underwriter in Prison Bond Sale
Barclays recently “Drop[ed] Its Role as Lead Underwriter in Prison Bond Sale” as a result of pressure from investors, including Adasina and the Racial Justice Investing Coalition. “You’ve already taken the stance,…
Rachel Robasciottti Testifies Before Congress
Rachel Robasciotti testified before the United States Senate Committee on Banking, Housing, and Urban Affairs on March 9th on “What happened in the GameStop-Robinhood situation and what is happening in the financial…