10/24/20 2:22 PM
Internal Representation & Support
To evaluate this pillar, we take into consideration a range of factors, including but not limited to:
- Employee representation
- Diversity, equity, & inclusion (DEI)
We weigh a company’s degree of public commitment primarily on their monetary contributions to DEI matters or organizations fighting racial injustice.
Forms of monetary support we look for:
Employee donation matching
Lowe's CEO Marvin Ellison is one of only 3 Fortune 500 Black CEOs. In addition, the company's partnership with Daymond John from Shark Tank provides an opportunity for small minority-owned businesses to sell at Lowe's.
There are no records of company donations to organizations that specifically uplift Black communities (aside from a grant program specifically geared toward "minority-owned" businesses). They are also not particularly vocal about Black Lives Matter on social media.
We scour the company’s website and official social media channels to determine what message they are sending around racial injustice, how they are communicating it, and whether their communications are perceived as genuine or performative.
Public statement: We verify that companies have made a formal statement regarding racial injustice.
Social media: We consider how a company uses their platform(s) beyond performative allyship.
Representation: For companies that have the opportunity to showcase diversity in their feed, we consider whether they have adequate Black representation and BIPOC representation across their models.
I. Internal Representation & Support:
Board of Directors:
> 15% Black, 26% - 30% BIPOC, 36% - 40% Women
> 15% Black, > 40% BIPOC, 31% - 35% Women
Information not publicly available
A Black employee resource group