Environmental, social and governance

Abstract

The Black Lives Matter movement has pushed the long-standing issue of systemic racism to the fore. Stakeholders' increased awareness and activism are pushing corporate transparency and accountability to unprecedented levels. As customers, employees, and shareholders are opening their eyes to the reality of what the Black community faces, they are calling on corporates to address discrimination within their organizations. The wave of advocacy for change has prompted many companies to publicly condemn racism and pledge to foster a more diverse and inclusive workforce (see "Why Corporations' Responses To George Floyd Protests Matter," published July 23, 2020, on RatingsDirect).