Social and economic justice initiative dedicated to long-term, measurable efforts by the financial services industry to advance economic and racial equity.
Joined March 2021
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"When our economy is generating too much inequality it will start to generate and contribute to a sense of hopelessness" explains @FordFoundation President @DarrenWalker on @Bloomberg's Quicktake. Listen here: bloom.bg/3fCtfGK
According to @McKinsey, Black households are more likely than white households to live in urban, medically underserved food deserts, with high housing and transportation costs. Learn more: mck.co/3iHQMYM
"Our economy needs to generate hope because hope is the oxygen of democracy," says @FordFoundation President @DarrenWalker on @Bloomberg's Quicktake with @RenitaDYoung. Hear more: bloom.bg/3fCtfGK
Happy #LaborDay weekend! We recognize the Black, Latino, Indigenous and immigrant workers who fought for better working conditions. We are committed to improving equity starting within the #finserv industry. Learn more about our commitments: corporatecalltoaction.org/
According to @McKinsey, the disproportionate representation of Black workers in low-wage occupations produces the wage gap. Learn more: mck.co/3iHQMYM
Thank you #bloombergblackbusinessbeat and @RenitaDYoung for holding corporate America accountable on its promises for a more racially equitable future. Listen more from @TreasurerWooden and @DarrenWalker here:
© 2021 Bloomberg L.P. All rights reserved. Used with permission.
According to the U.S. Census Bureau, Black businesses account for 2.2 million companies. Across the #finserv industry, we commit $10 billion to BIPOC owned businesses. Learn more about our commitment to support Black-owned businesses: corporatecalltoaction.org/
Happy #NationalBlackBusinessmonth! We recognize the #Blackownedbusinesses across the nation and are committed to increasing spend with Black-owned businesses. Learn more here: corporatecalltoaction.org/
Corporate Call to Action retweeted
The #bloombergblackbusinessbeat will regularly check in on #CorporateAmerica’s promises to address its role in #systemicracism. Today we hear from @TreasurerWooden and @FordFoundation Pres. @darrenwalker
Photos courtesy of Twitter and Bloomberg
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The @policylink #Blueprint lays out how brands can make effective efforts towards #WinningOnEquity as corporate leaders globally continue to strategize Corporate Racial Equity: bit.ly/3yaOFSO
Our nation's response following George Floyd’s killing exemplified the power of organizing for change, even in a pandemic. 1 year later, our coalition of #finserv leaders organize for a #CorporateCalltoAction to catalyze sustainable change across the financial services industry.
We believe in an economic system that ensures equity and opportunity for ALL members of society. Our four commitments work toward just that! Read more here bit.ly/3BcnGrW
Corporate Call to Action retweeted
Black consumers continue to be underserved in areas such as food, housing, healthcare, broadband, and banking.
Here's why there’s a big market to be unearthed if companies meet the real needs of Black consumers.
mck.co/3AgnRkA
The correct answer is... 2%! Learn more on our commitments to build a diverse talent pipeline and increase representation at corporatecalltoaction.org
TRIVIA: According to the U.S. Government Accountability Office, what is the percentage of African American representation in executive/senior-level management in financial services as of 2018?
1. 2%
2. 5%
3. 9.2%
Comment below & come back tomorrow to find out!
Corporate Call to Action retweeted
We teamed up with the @FordFoundation & @RRAonLeadership to take a deep dive into Board engagement with Diversity, Equity & Inclusion at companies across the globe. Here is what we learned. #DEI #Shareworthy
Corporate Call to Action retweeted
What goes on in the boardroom to address racial and ethnic #diversity? To find out,
we partnered with @StateStreetGA & @RRAonLeadership to speak with experts and a group of directors across the US & UK. Here is what we found: ssga.com/us/en/institutional… #leadership #BoardsOfDirectors
Corporate Call to Action retweeted
Racial and ethnic #diversity are no longer a nice-to-have, but an imperative. In our discussions with #BoardOfDirectors, we've seen a clear willingness to tie executive #leadership compensation to #DEI metrics. bit.ly/3B87eIY @StateStreetGA @FordFoundation
Corporate Call to Action retweeted
What goes on in the boardroom to address racial and ethnic #diversity? To find out, we spoke with academic and policy experts and a group of directors across the US and UK. bit.ly/3B87eIY #leadership #BoardOfDirectors @StateStreetGA, @FordFoundation
Equilar states that 29.6% of companies on the S&P 500 don't have at least one Black board member. Representation at the top level can impact #diversity at all levels and is crucial for change. Read more on our commitments for change: corporatecalltoaction.org/
