Racial Justice: What’s Investing got to do with it?

From Boston Common Asset Management. As responsible investors and citizens we have long been concerned with how financial markets may exacerbate inequality and deepen injustices experienced by communities of color. By 2044, America will likely be a majority-people-of-color nation. Unfortunately, People of color continue to lag in access to education, experience higher unemployment and accumulate far less wealth than their white peers. “The growth in diversity among the populace coupled with the persistent exclusion of historically disadvantaged groups from full participation in the economic and civic life of the country form a core challenge that companies must address to remain competitive.” In this piece, Lisa Hayles explores the first of at least four interconnected dimensions of Racial Justice investing—Practices.