7. Companies Donate and Make Policy Changes
So many companies jumped in to donate and make policy changes after the death of George Floyd. For instance, CVS Health announced it will invest nearly $600 million over five years to advance employee, community and public policy initiatives that address inequality faced by Black people and other disenfranchised communities. The investment follows a commitment from President and CEO Larry Merlo to evaluate how the company operates and how it can use its influence to be a force for good in communities across the country.
DoorDash committed to donate $500,000 to Black Lives Matter, with another $500,000 earmarked for distribution to community nonprofits by its internal Black Employee Resource Group.
Microsoft committed to investing an additional $150 million in its own diversity and inclusion efforts, create a $50 million partner fund for Black-owned business partners, put $23 million toward financing and training those partners, double its number of Black employees in senior positions by 2025 and double its number of Black-owned suppliers by 2023.
From banks, to lawyers, to hair product companies, the list goes on and on.
