Making Measurable Progress on Racial Equality

Four Key Steps to Transform Corporate Commitment into Meaningful Change

Since 2020, corporate America has pledged hundreds of billions of dollars in long-term commitments to improve racial equality, both within their organizations and in society at large. While the level of corporate commitment is high, companies are wrestling with how best to deploy these resources to make a meaningful and measurable societal impact on reducing inequality that goes beyond the dollars donated or even the number of individuals served. While the private sector can play a key role here, it is also abundantly clear that companies, either individually or collectively, cannot go it alone.

This report provides insights on the roles corporations can play in making meaningful progress in addressing racial equality, drawn from a Center Briefing held by The Conference Board ESG Center in collaboration with knowledge partner The McKinsey Institute for Black Economic Mobility.