In the wake of the 2020 Minneapolis police murder of George Floyd, citizens around the world have taken to the streets to demand racial justice, not just from law enforcement and policymakers, but institutions and industries. . The math has prompted many business leaders to examine their role in sustaining systemic racism and to look for ways to change.
One of those executives was Sallie Krawcheck, co-founder and CEO of Ellevest, who sought to expand the financial technology company’s anti-sex impact portfolio to include anti-racist considerations, including disengaging from the ecosystem of private prisons and by investing in both women-owned and staff-owned businesses of BIPOC.
If you do [change] all or nothing, then you will be left on the sidelines. We thought it would be better to get in there and still learn and adapt.
Krawcheck joins Quartz CEO Zach Seward to analyze exclusion and mainstreaming approaches to ESG investing and how she tries to close the investment gender gap through the opportunity to make investments based on value and lower the bar on entry.
Hear her as she pleads for business leaders to act imperfectly towards their mission rather than expect perfection.
Follow Quartz on LinkedIn to see CEO Zach Seward and other leaders work to improve their slice of the business world, every Tuesday at 11 a.m. ET.