Forbes

We’re build­ing on our com­mit­ment to do more for racial equal­ity and eco­nomic op­por­tu­nity

- Cyn­thia H. Bow­man Chief Di­ver­sity & In­clu­sion and Tal­ent Ac­qui­si­tion Of­fi­cer Bank of Amer­ica

This year, we’ve come to­gether — as a com­pany and across the world — with in­ten­si­fied pas­sion for racial equal­ity. We all know we need to do more, and we need to do more now. It’s not enough to say some­thing. We must also do some­thing. To help ef­fect and sus­tain mean­ing­ful change, we know we must con­tinue to re­move bar­ri­ers. This sense of ur­gency forms the foun­da­tion of Bank of Amer­ica’s long-stand­ing sup­port for the peo­ple and com­mu­ni­ties we serve and is at the heart of our $1 bil­lion, four-year com­mit­ment to ac­cel­er­ate work un­der­way to help ad­vance racial equal­ity and eco­nomic op­por­tu­nity. We’re also part­ner­ing with the Smith­so­nian through a $25 mil­lion com­mit­ment to its “Race, Com­mu­nity and Our Shared Fu­ture” pro­gram, and we’re one of the found­ing part­ners of iHeartMe­dia’s Black In­for­ma­tion Net­work — the first and only 24/7 na­tional au­dio ser­vice ded­i­cated to pro­vid­ing news cov­er­age with a Black voice and per­spec­tive. In ad­di­tion, we spend over $2 bil­lion an­nu­ally with di­verse sup­pli­ers. Within our com­pany, our Black Ex­ec­u­tive Lead­er­ship Coun­cil in­cludes more than 200 se­nior Black lead­ers who in­flu­ence change and con­tinue to pro­mote di­ver­sity through re­cruit­ing and ad­vanc­ing di­verse tal­ent, and en­gag­ing our com­mu­ni­ties. Coun­cil mem­bers work closely with the 16,000+ team­mates in our Black Pro­fes­sional Group to cre­ate vis­i­bil­ity and op­por­tu­nity for our Black tal­ent through coach­ing, men­tor­ing and net­work­ing across 31 chap­ters globally. To change the tra­jec­to­ries of un­der­served com­mu­ni­ties, strong col­lab­o­ra­tion by the pub­lic, pri­vate and non­profit sec­tors is needed. We are proud to stand with the Ex­ec­u­tive Lead­er­ship Coun­cil and other mem­bers of the busi­ness com­mu­nity to con­tinue defin­ing our path ahead.

“In­clu­sion is ev­ery­one’s re­spon­si­bil­ity. We need a uni­fied voice to drive ac­count­abil­ity and progress. And when we do, those voices need to ad­vo­cate for change, ques­tion the sta­tus quo, and hold us col­lec­tively re­spon­si­ble for break­ing down sys­temic bar­ri­ers nec­es­sary for true equal­ity for all.”

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