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As businesses look to move to a stakeholder capitalism model that considers people and the planet alongside profits, here’s a breakdown of some of the ways that racism is bad for business.
- How we are fighting systemic racism in the workplace
The World Economic Forum is working to eliminate racial and...
- 7 ways companies are advancing racial justice in business
For the past decades, corporate diversity, equity and...
- How we are fighting systemic racism in the workplace
The World Economic Forum is working to eliminate racial and ethnic equity gaps through its Partnering for Racial Justice in Business initiative. The initiative is supported by 55 companies representing 13 industries, with more than 7 million employees worldwide.
What needs to be done to create workplaces where employees from marginalized racial and ethnic groups are fully included? We interviewed 21 business professionals and academic scholars from around the world whose work focuses on race, ethnicity, and culture to hear their unique insights on this question.
For the past decades, corporate diversity, equity and inclusion (DE&I) programmes mostly focused on advancing gender equality and ignored racial justice as too complex and too controversial. But since 2020, mentions of “systemic racism” in corporate meetings have exponentially increased.
Confronted with protests against systemic racism in the United States, companies are now working to ensure that their workforces and communities are more diverse, equitable and inclusive.
George Floyd's murder at the hands of police in the US city of Minneapolis last year shocked the world and prompted a reckoning on race. Businesses were quick to speak out, from...
As intractable as it seems, racism in the workplace can be effectively addressed. Because organizations are small, autonomous entities that afford leaders a high level of control over norms...
