WEBVTT

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(light music)

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<v ->The tragic events culminating</v>

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with the murder of George Floyd

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has inspired organizations and governments

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to focus on closing racial equity gaps.

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Billions of dollars have been committed,

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but only a fraction of those dollars

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have translated into real investments,

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and we risk not delivering structural change

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in outcomes that we desire.

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In particular, the Southern communities

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of the United States,

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home to 50% of the Black population,

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face the greatest disparities.

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Smaller corporate presence may lead to decreased investment

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and jeopardize a tremendous opportunity

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to drive generational change.

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The Southern Communities Initiative

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is a channel-partner organization

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that seeks to actively enable deployment

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of racial equity commitments

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in the southeastern United States

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by concentrating resources to where they're needed most,

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amplifying organizations that are delivering

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the most impact for the Black community,

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coordinating and breaking down silos

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to improve operational efficacy of local efforts,

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tracking and evaluating progress

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to ensure that we're making moves

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to close racial equity gaps.

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BCG has been a founding member of the 80-plus SCI companies

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because we recognize the window

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to drive transformational change is closing.

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And we, alongside our partners, Vista Equity and PayPal,

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can use our collective reach

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to drive real change in the equity space.

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(bright music)