Know of content that should be considered for this collection? Please suggest a report!
5 results found
This joint PolicyLink-Bridgespan analysis says funders are a key part of the racial equity ecosystem: to benefit the entire nation they should both be transparent in reporting where grants go and fund what movement leaders say is needed to achieve enduring change.
The Covid-19 pandemic and our long overdue national reckoning on racial injustice have thrust into sharp relief the results of centuries of economic inequality and systemic racism. While the pandemic and its accompanying economic devastation have hurt so many, people of color and low-income communities have been hit exceptionally hard. More than 100 million people in America—half of all people of color and one-quarter of all White people—struggled to make ends meet even before the pandemic and they continue to bear the heaviest toll, even as the economy bounces back.For corporate leaders, this historic moment presents an opportunity to make lasting progress against stated commitments on racial equity and ensure the billions of dollars pledged to communities of color actually lead to equitable outcomes. Our 2021 CEO Blueprint for Racial Equity will guide you beyond diversity and inclusion commitments to the heart of the business opportunity ahead: addressing the intended and unintended impacts of your products, services, operations, policies, and practices on people of color and low-income communities, with key recommendations across the three domains of corporate influence.
PolicyLink, in partnership with Well Being Trust, developed Advancing Well-Being by Transcending the Barriers of Whiteness to identify "centering whiteness" as a social and institutional framework that prevents meaningful movement toward racial equity, describe specific social and economic inequities that have been exacerbated by this framework, and make clear new narratives that will be necessary for systemic and policy change. This paper, along with the companion Community Dialogue Guide, serve as the starting point for critical dialogues that deepen and build shared understanding across communities.
Corporate America is missing out on one of the biggest opportunities of our time for driving innovation and growth: creating business value by advancing racial equity.Developed in partnership with PolicyLink and funded by the Ford and W.K. Kellogg foundations, The Competitive Advantage of Racial Equity highlights examples from 12 leading companies such as Gap Inc., PayPal, and Cigna, who are driving innovation and growth by advancing racial equity.
America is quickly becoming a majority people of color nation. At the same time, inequality is skyrocketing and racial inequities—from the homogeneity of the tech sector to the segregated suburbs of St. Louis—are wide, persistent, and glaring. Equity—just and fair inclusion of all—has always been a moral imperative in this country, but a new consensus is emerging that equity is also an economic imperative. Scores of economists and institutions like Standard & Poor's and Morgan Stanley now believe that rising inequality and low wages for workers on the bottom rungs of the economic ladder are stifling growth and competitiveness, and that racial inequities threaten economic growth and prosperity as people of color become the majority.This brief offers new research to inform the debate about equity and the future of the American economy. Using data on income by race, we calculate what total earnings and economic output would have been for the nation in 2012 if racial differences were eliminated and all groups had similar average incomes as non-Hispanic whites. This analysis does not assume that everyone has the same income, rather that the income distributions do not differ by race and ethnicity. We also examine how much of the income gap is attributable to wage differences versus employment differences (measured by hours worked).