- Business

What changes are companies making in response to George Floyd protests?

The corporate response to a wave of protests over the treatment of African Americans has included pledges to increase diversity, donations to civil rights groups and, in some cases, changes in policies or practices long sought by critics. Here is a sampling:

Apple said on June 11 the iPhone maker will increase spending with black-owned suppliers as part of a $100 million racial equity and justice initiative, while Google’s YouTube video service said it will spend $100 million to fund black content creators. here

Walmart said on June 10 it would no longer keep “multicultural hair and beauty products” in locked display cases at any of its stores. Critics had said doing so suggested consumers of those products are more likely to shoplift. here

NASCAR on June 10 banned the Confederate flag at all its car racing tracks and events, saying the symbol of white segregationists “runs contrary to our commitment to providing a welcoming and inclusive environment for all fans.” here

Amazon.com Inc on June 10 imposed a one-year moratorium on police use of its facial recognition product, Rekognition, which critics say is more likely to misidentify people with darker skin and more likely to be used in minority communities. here

Jack Dorsey, the CEO of Twitter and Square, announced on June 9 that June 19, or Juneteenth, would become a paid company-wide holiday every year for employees of both companies. The date commemorates the June 19, 1865 reading in Texas of President Abraham Lincoln’s Emancipation Declaration, which brought an end to slavery in the United States. here

L’Oreal on June 9 rehired Munroe Bergdorf, a British black transgender model it sacked in 2017 after she described all white people as racist. The French cosmetics company offered Bergdorf a seat on a newly formed UK diversity and inclusion advisory board, a role she accepted. here

HBO said on June 9 it would pull from its HBO Max streaming service the Oscar-winning 1939 film “Gone with the Wind,” long decried for its racist depictions of blacks in the antebellum South. here

The Paramount Network, owned by ViacomCBS Inc, said on June 9 it would discontinue the reality show “Cops” after 33 years on air. Critics say the show has glorified police violence. here

International Business Machines Corp said on June 8 it would no longer sell or research facial recognition tools that critics contend are biased against people of color. here

NFL Commissioner Roger Goodell on June 5 said the league was “wrong for not listening to NFL players earlier,” an apparent reference to its opposition to players kneeling during the national anthem to protest police treatment of African Americans, a protest initiated by quarterback Colin Kaepernick in 2016. “We, the National Football League, believe black lives matter.” here

Bank of America on June 2 said it would spend $1 billion over four years to address racial and economic inequality.

About andsobookscom

Read All Posts By andsobookscom