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The Brief: Inclusive community lending, industrial modernization, Kenya COVID relief, carbon tracking tech, getting impact-first capital off the sidelines

The Brief: Inclusive community lending, industrial modernization, Kenya COVID relief, carbon tracking tech, getting impact-first capital off the sidelines
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Tech Companies Made Big Pledges to Fight Racism Last Year — Here's How They're Doing So Far


Airbnb
2020 commitment: Airbnb said it would donate a total of $500,000 to the NAACP and the Black Lives Matter Foundation. It also said it would match employee donations to both groups.
The company also said that by the end of 2021, 20% of its board of directors and executive team collectively would be made up of people of color. By the end of 2025, Airbnb said, its goal is to have 20% of U.S. employees be underrepresented minorities and for 50% of global employees who identify in the gender binary to be women.
Airbnb also said each member of its executive team would create and share a detailed plan to meet those goals with their teams. ....

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DuPont Announces $20 Million Investment in LISC's Black Economic Development Fund


DuPont Announces $20 Million Investment in LISC s Black Economic Development Fund
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WILMINGTON, Del., April 28, 2021 /PRNewswire/  DuPont (NYSE: DD) today announced it has committed to invest $20 million in the Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC).
The BEDF will provide financing to support Black-led financial institutions, anchor institutions, and businesses through improved access to capital to incentivize economic activity and wealth building opportunities in Black communities.
For too long, systemic racism has prevented Black-led business owners and entrepreneurs from participating fairly and fully in our economy, said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. Improving access to capital for Black-led businesses can have an outsized impact creating an economic multiplier and advancing racial equity. At DuPont, ....

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