Accenture: Update on Actions—We Stand Against Racism

Originally posted on Accenture LinkedIn

Below is a note that Jimmy Etheredge, our CEO of North America, and I sent today to Accenture people that reaffirms our unwavering commitment to equality and justice for all, with zero tolerance for racism, bigotry and hate of any kind. We provide an update on the commitments we made in June: announcing new goals in the United States, mandatory training to identify and speak up about racism, and community investments to help drive change.

To: All US People

In June, in the face of more tragic losses of Black lives as a consequence of racism, we reaffirmed Accenture’s unwavering commitment to equality and justice for all, zero tolerance for racism, bigotry and hate of any kind—and our stand against all violence.

We also announced three next steps to fight racism, create more opportunities for employment and advancement for our African American and Black and Hispanic American and Latinx communities, and become more inclusive and diverse. Racial injustice continues to impact our communities across the United States, which reinforces the importance of the actions we are taking.

Before we update you, on behalf of the North America Leadership Team and the Global Management Committee, we want to say thank you.

First, thank you to thousands of courageous colleagues who shared their experiences in Building Bridges sessions, listening sessions and focus groups. Your courage has allowed us to understand better what must be our path forward.

Second, thank you to the leaders of our African American and Hispanic American Employee Resource Groups, who have generously given their time to our entire leadership team and community, to help shape our initial actions and plans. They have done this while managing their own feelings and experiences, and while fulfilling their professional commitments during a time of global societal, health and economic crisis.

Finally, thanks to all who are supporting our colleagues and are standing against racism. This is what it means to be an ally. Coming together and pushing for more progress and an equal future is a testament to our culture and core values.

Our Goals to Create More Opportunities

We pledged to publicly announce goals by September 1 to increase the representation of African American and Black and Hispanic American and Latinx people overall and managing directors in the United States. By 2025 we will:

  • Increase the representation of African American and Black people from 9% to 12%; and the representation of Hispanic American and Latinx people from 9.5% to 13%—in each case, this is an approximate 60% increase in the number of our people.
  • More than double the number of our African American and Black and Hispanic American and Latinx managing directors. This will be an increase in the representation of African American and Black managing directors from 2.8% to 4.4% and of Hispanic American and Latinx managing directors from 3.5% to 4.7%.

Building on these US goals, we will announce targets to increase our ethnic representation in South Africa and in the UK by October 1 (the beginning of Black History Month in the UK).

To fulfill these goals, we are now working on a comprehensive plan, which includes recruiting, retention, staffing, sponsorship and advancement.

Recognizing Racism Training

We also pledged to put in place new mandatory training that will support our people in identifying and speaking up about racism. This training, available mid-September, will help us call out racism for what it is and address it wherever it happens.

Our Community Investments

Finally, we pledged to be a part of building a better future together with other companies, our federal, state and local government leaders, not-for-profits, and the people of our communities. We have moved quickly on a few fronts, but we have much to do to find the right opportunities with the most impact. Here are a few of the exciting investments we currently have planned, which leverage our unique strengths.

  • We have joined the Corporate Leadership Council of the Smithsonian National Museum of African American History and Culture, and established a partnership with the museum, led by Marty Rodgers. We will help amplify the museum’s exhibits and experiences for a global audience, with a heavy emphasis on digital, to increase awareness and understanding of African American life and contributions. As a first project, together we produced Why We March in celebration of the 57th anniversary of the historic March on Washington last week, and we encourage you to share this with clients, community partners, family and friends.
  • We are launching the Black Founders Development Program, led by Paul Daugherty and the Accenture Ventures team, to help Black entrepreneurs advance and grow their technology businesses through more direct access to venture capital, corporate mentorship and strategic connections with Accenture business partners and clients. As part of the new program, we are establishing the Black Founders Development Fund, with an initial commitment to invest $15 million.
  • To advance the mission of the newly launched New York Jobs CEO Council, Julie is co-chairing with the support of Jimmy and the Northeast Leadership Team. This joint initiative of two dozen leading companies and educational institutions is designed to transform job training, recruiting and hiring in New York City and provide increased opportunities for people in low-income and minority communities. The Council has committed to create 100,000 jobs by 2030.

We are building additional relationships with community partners to support economic inclusion and will share updates on our progress.

Thank you again for your support and your unwavering commitment to equality for all of our people. Together, we are acting, we are leading, and we will drive change—both here in the United States and across the globe.

Best Regards,

Julie and Jimmy

 

Latest News

Biden Stands by His Commitment to LGBTQ rights; Cost of Racism in the U.S. Tops $16 Trillion; Black and Latinx Continue to Die from COVID-19 at Nearly Twice the Rate of Whites; and More

Biden reaffirms commitment to LGBTQ rights; promises to pass Equality Act. Democratic presidential nominee Joe Biden doubled down on his promises to the LGBTQ community while speaking at a presidential town hall for the Human Rights Campaign Foundation on Sept. 24. “You deserve a partner in the White House to…

degeneres, work, show

Leadership Lessons to be Gleaned from Ellen DeGeneres’ Toxic Workplace Scandal

Ellen DeGeneres began her daytime talk show’s 18th season with an apology after a summer of allegations against her that claimed her show promoted a toxic work environment rife with racism, sexual misconduct and other mistreatment. In August 2020, three senior producers — executive producers Ed Glavin and Kevin Leman…

COVID entrepreneur

Explosive New Growth in Small Businesses Due to COVID-19; America’s Police Force is Not Becoming More Diverse Despite BLM Movement; the Best and Worst Performing States in the 2020 Census; and More

Even with incredible nationwide unemployment rates, the creation of new small and diverse businesses has exploded due to COVID-19. Finally some news coming out of our pandemic: The Philadelphia Tribune reports that as bars and restaurants closed and stay-at-home orders were put into place earlier in 2020 to help fight…

Justice for Breonna not served; The essential rule of politics; Teen serves two months in jail for not doing homework; and More

Justice for Breonna not served as grand jury indicted officer who shot her with wanton endangerment — but not murder. “Outrageous and offensive.” Those were  by attorney to the family, Ben Crump to describe the grand jury’s decision in the March 13 fatal police shooting of 26-year-old Breonna Taylor. While…

IBM, EEOC, age

EEOC Unearths Years of Intentional Age Discrimination within IBM

After a long investigation, the Equal Employment Opportunity Commission (EEOC) has revealed that IBM leaders had directed managers to replace older workers with younger ones. Between 2013 and 2018, nearly 86% of those considered for layoffs within the organization were older employees over the age of 40. The investigation showed…

Breathe March in Globe Park, New York, USA - 12 Sep 2020

Cities under attack from the Justice Department; Louisville bracing for the Breonna Taylor murder charge; Twitter reveals its racist side; and More

Justice department attacks three U.S. cities, declaring them anarchist zones — despite most of the protests that took place in each city being peaceful marches in support of the Black Lives Matter movement. In a move designed to pull federal funding from New York City, Seattle and Portland, OR, the…

ginsburg, supreme, court

The Lasting Legacy of Supreme Court Justice Ruth Bader Ginsburg — Plus the Four Biggest Issues Currently at Stake Following Her Death

Supreme Court Justice Ruth Bader Ginsburg, who served on the nation’s highest court for 27 years, passed away Friday, Sept. 18 at the age 87. “As the second woman ever to sit on the highest court in the land, she was a warrior for gender equality — someone who believed…

BASF Invests Into Pyrum as Part of its ChemCyclingTM Project

Originally published on BASF.com  Pyrolysis oil from waste tires as additional raw material source next to oil from mixed plastic waste Investment will support construction of additional production capacities for pyrolysis oil Milestone in establishing a circular economy for post-consumer plastic waste Pyrolysis oil will partly replace fossil feedstock and…