This post was originally published on this site
I
n the spring of 2020, just days after police murdered George Floyd on a Minneapolis street, Blackrock Inc. CEO Laurence Fink said, “No organization is immune from the challenges posed by racial bias. As a firm committed to racial equality, we must also consider where racial disparity exists in our own organizations and not tolerate our shortcomings.
”While Fink was just one of the countless business leaders that spoke in support of racial justice that summer and committed to change, that echo now seems faint. Just five years later, BlackRock, and at least 50 other companies have walked back or abandoned