May 24, 2021 Share
The killing of George Floyd prompted a wave of promises from corporate America to advance racial equity. Nearly a year later, large U.S. companies are under pressure to show progress on fulfilling those promises.
Shareholders will vote in the coming weeks on some of those initiatives, including whether Walmart should report on the fairness of its pay scale and whether Facebook and Google/Alphabet should appoint a civil rights specialist to their boards.
Another frequently proposed option is a racial equity audit that compares a company’s record with statements made in its glossy marketing materials.
Proponents characterize this report as a risk-management tool that can help protect brands.
Big US firms pushed to tally progress on racial justice | Daily Express Online
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Big US companies pushed to tally progress on racial justice
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Big US firms pushed to tally progress on racial justice
Major companies pledged support for Black Lives Matter and announced investment initiatives following mass protests last spring. Photo: AFP/FILE
Afp, New York
Afp, New York
The killing of George Floyd prompted a wave of promises from corporate America to advance racial equity. Nearly a year later, large US companies are under pressure to show progress on fulfilling those promises.
Shareholders will vote in the coming weeks on some of those initiatives, including whether Walmart should report on the fairness of its pay scale and whether Facebook and Google/Alphabet should appoint a civil rights specialist to their boards.