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Ford Foundation In Partnership Urging Firms To Boost Spending With Black Suppliers

Ford Foundation In Partnership Urging Firms To Boost Spending With Black Suppliers
blackenterprise.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blackenterprise.com Daily Mail and Mail on Sunday newspapers.

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Opinion: The death of George Floyd and the inequity of the COVID-19 pandemic have sparked a movement for racial equality

Opinion: The death of George Floyd and the inequity of the COVID-19 pandemic have sparked a movement for racial equality
courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.

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Franklin Templeton Part of Corporate Call to Action That Ann

Invest in Underserved Communities
Improve Workforce Equity and Transparency
In the initiative s next phase, coalition members will work together to develop implementation plans for both individual and collective actions that will push forward industry-wide change, such as engineering capacity-building programs and a nationwide registry for small business owners of color to better connect to industry procurement processes.
More information on the commitments can be found here and the CCA’s announcement can be found here.
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN], is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilitie ....

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Big Banks Are Committing $10 Billion to Tackling Racial Inequity. Here's How to Get a Piece

Photo: Getty Images/Illustration: Chloe Krammel
Almost a year after the death of George Floyd, major banks and asset managers are committing billions towards addressing the effects of racial disparities in financial services.
On Tuesday, eighteen financial institutions including BlackRock, Morgan Stanley, Goldman Sachs Group, Bank of America, and Citigroup agreed to set aside $10 billion for businesses owned by people of color over the next five years. The money is meant to benefit underrepresented founders through increased contracting, funding, and capability-building, with the goal of driving $30 billion in economic impact.
The institutions, which control $27 trillion in assets and employ 750,000 people globally, are members of the Corporate Call to Action: Coalition for Equity & Opportunity (CCA), also referred to as the CEO Coalition. It s a corporate social justice initiative launched in September 2020 by the Connecticut Office of the Treasurer ....

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A New Ad Campaign Hits Back At Woke Corporations

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Source: AP Photo/Keith Srakocic
A nonprofit organization that advocates on behalf of consumer education released a series of ads Tuesday featuring three enormous American companies – Nike, Coca-Cola, and American Airlines –in a gloves-off campaign that criticizes the companies for embracing “woke” culture and neglecting customers in favor of politicians.
Consumers Research, whose “mission is to increase the knowledge and understanding of issues, policies, products, and services of concern to consumers and to promote the freedom to act on that knowledge and understanding” released the ads in conjunction with a statement from Executive Director Will Hild.
“It is time these corporate giants were called to task,” Hild said. “We are giving consumers a voice. These companies should be putting their energy and focus on serving their customers, not woke politicians. ....

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