Keep an eye on these 4 companies and their diversity efforts
By Khristopher J. Brooks
Bank of America pledges $25M to address racial inequities
One effect of the protests that swept the U.S. after a Minneapolis police officer killed George Floyd last year was a reckoning in corporate America with the searing impact of racism. Yet while numerous business leaders have pledged to uplift communities of color and help erase racial inequities, a handful of companies are projected to make the biggest leaps in diversity and inclusion: Bank of America, Netflix, UPS and Walmart.
One clear common denominator among the four: a genuine push to hire more people of color. Also, these companies have the scale to fund race-focused initiatives nationwide. Perhaps most important is their potential for diversifying management so that people of color can become a driving force for internal change, with minority executives bringing fresh ideas to the table and, in doing so, knocking down the walls of exclusion.