blacklivesmattercorporatepledges.com - Corporate Pledges to Black Lives Matter

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Description: Black Lives Matter (BLM) protests have been setting the agenda for national conversations on race in the U.S.

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In the wake of the Black Lives Matter (BLM) demonstrations in 2020, we have undertaken a thorough review of corporate commitments, pledges, and progress towards racial equity. While organizations possess the means to uphold promises of diversity and equity, structural and cultural barriers, coupled with a lack of accountability, impede the fulfilment of these commitments. As the Financial Times rightly pointed out, "The term 'systemic racism' was previously unheard in US corporate earnings calls. The tragic

Up to April 28, 2023, a sum of US$72 billion has been pledged, with our estimates indicating that US$26 billion has already been allocated, as per the data from Creative Investment Research Black Lives Matter (BLM) Donation Tracker. While there have been numerous commendable initiatives and declarations, it's clear that some entities are faring better than others. By 2023, the initial fervor has subsided. In the words, again, of the Financial Times, "US businesses are scaling back their investments in diver

We have formally approached the U.S. Securities and Exchange Commission (SEC), advocating for the development of binding regulations that mandate public companies to provide transparent, comparable, and decision-relevant data regarding the fulfillment of their Black Lives Matter (BLM) Pledges. To scrutinize our SEC request, File Number 4-774, click here .

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