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It’s a start: Fortune 1000 companies commit $66 billion to racial-equity initiatives

The companies made their pledges public between George Floyd’s killing in May and the end of October. More than three-quarters of the commitments are aimed at affordable housing and the development of small and medium-size businesses, according to an analysis by the new McKinsey Institute for Black Economic Mobility.

Companies have committed to investing $66 billion in Finance or other industries towards advancing racial equity initiatives, especially affordable housing and SME development.
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To read the article, see “It’s time for a new approach to racial equity,” December 2, 2020.