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Corporate commitments to racial justice: An update

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In 2020, many of the largest companies in the world pledged to support racial justice and also made monetary commitments following the murder of George Floyd. Since then, pledges have been growing every year according to analysis from the McKinsey Institute for Black Economic Mobility. The most recent analysis shows a $340 billion commitment from Fortune 1000 companies from May 2020 to October 2022. See the latest update from McKinsey partner Duwain Pinder and his coauthors to get a closer look at what this all means, including the types of companies and industries that have made these pledges, how the funds are being spent, and further suggestions for how organizations can contribute to creating lasting impact on racial equity in the US.

Corporate commitments to racial justice: An update

In the two years since McKinsey first analyzed corporate pledges to fight racial injustice, companies have continued to pledge money—but how it’s being spent remains unclear.

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Corporate commitments to racial justice: An update

Corporate commitments to racial justice: An update

Making the leap from R&D to fully integrated biotech for first launch

Author Talks: The world’s longest study of adult development finds the key to happy living

Disruption and innovation in US auto financing