How business can hardwire change to deliver on racial justice

  • Date: 27-May-2022
  • Source: World Economic Forum
  • Sector:Economy
  • Country:Middle East
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How business can hardwire change to deliver on racial justice





Tens of organizations joined the Partnering for Racial Justice in Business initiative helmed by the World Economic Forum following the tragic murder of George Floyd, 25 May 2020.

Businesses play a key part in achieving racial equity through inward retrospection, collective actions with communities, government and civil society and by listening to those at the sharp end of harms.

Organizations must recognise the systemic nature of racial inequity and where reforms need to take place for meaningful change to occur.



Two years ago, this 25 May, the murder of George Floyd – an unarmed Black man killed by a police officer in Minneapolis – sparked a global reckoning and movement for racial justice in multiple sectors, including business. More than 60 organizations across 13 industries with more than 5.5 million employees worldwide have since committed to building more equitable and just workplaces as part of the Partnering for Racial Justice in Business initiative – a global coalition led by the World Economic Forum. Now, keeping momentum needs action amid other priorities, such as COVID-19 and the war in Ukraine, vying for our attention.

Rewiring an unequal society is a herculean task, however, as the marginalization and discrimination of people