The events of spring 2020 will be chronicled as the next milestone in the fight for racial justice and equality. A global pandemic, resulting in unemployment for 40 million Americans, followed by yet another brutal death at the hands of police officers set off a wave of protests and civil unrest in more than 75 U.S. cities
In response, Confluence Members and partnering investor networks launched a pledge for racial equity.
“Belonging is not simply joining something. Belonging is about co-creating the thing you’re joining.”
- John A. Powell, Director, Othering & Belonging Institute at the University of California, Berkeley
We believe that racial equity belongs throughout the investment process, in the investment committee meeting, and, ultimately, in how decisions are made about capital deployment. Achieving racial equity is typically presented as daunting but change is possible with sincere commitment, clear goals, and measurable benchmarks. Most importantly, change must begin with a shift in the prevailing racially homogenous culture and exclusivity that perpetuates racial bias and inequity within the investment industry and investors’ portfolios.
We must all do our parts to stand up for racial equity. We don’t have a moment to lose. For investors this means building systemic solutions that will rebut racial inequity by changing the way we make decisions about the deployment of capital. For certain, this is no easy task. But the first step is simple: commit to the discussion no matter how uncomfortable it may be.
The Confluence community has been at the vanguard of progressive investment for a decade. It’s our role to move the line down the field. We ask all our members and partners to commit to the Belonging Pledge. For those of you that already hold racial equity core to your investment process, we ask that you commit to pushing that agenda to the next level.
“We commit to discussing racial equity at our next investment committee meeting. We will forward our agenda. We will share our next steps and results (perhaps privately), so that we can help to identify industry-wide barriers and the technical resources required to advance the practice of investing with a racial equity lens.”
If you would like to sign onto the pledge contact us at info@confluencephilanthropy.org
09/28/20 1:00pm — 6:00pm
Virtual Event
The events of spring 2020 will be chronicled as the next milestone in the fight for racial justice and equality. A global pandemic, resulting in unemployment for 40 million Americans, followed by yet another brutal death at the hands of police officers set off a wave of protests and civil unrest in more than 75 U.S. cities
In response, Confluence Members and partnering investor networks launched a pledge for racial equity.
“Belonging is not simply joining something. Belonging is about co-creating the thing you’re joining.”
- John A. Powell, Director, Othering & Belonging Institute at the University of California, Berkeley
We believe that racial equity belongs throughout the investment process, in the investment committee meeting, and, ultimately, in how decisions are made about capital deployment. Achieving racial equity is typically presented as daunting but change is possible with sincere commitment, clear goals, and measurable benchmarks. Most importantly, change must begin with a shift in the prevailing racially homogenous culture and exclusivity that perpetuates racial bias and inequity within the investment industry and investors’ portfolios.
We must all do our parts to stand up for racial equity. We don’t have a moment to lose. For investors this means building systemic solutions that will rebut racial inequity by changing the way we make decisions about the deployment of capital. For certain, this is no easy task. But the first step is simple: commit to the discussion no matter how uncomfortable it may be.
The Confluence community has been at the vanguard of progressive investment for a decade. It’s our role to move the line down the field. We ask all our members and partners to commit to the Belonging Pledge. For those of you that already hold racial equity core to your investment process, we ask that you commit to pushing that agenda to the next level.
“We commit to discussing racial equity at our next investment committee meeting. We will forward our agenda. We will share our next steps and results (perhaps privately), so that we can help to identify industry-wide barriers and the technical resources required to advance the practice of investing with a racial equity lens.”
If you would like to sign onto the pledge contact us at info@confluencephilanthropy.org