(light music)
-: The tragic events culminating
with the murder of George Floyd
has inspired organizations and governments
to focus on closing racial equity gaps.
Billions of dollars have been committed,
but only a fraction of those dollars
have translated into real investments,
and we risk not delivering structural change
in outcomes that we desire.
In particular, the Southern communities
of the United States,
home to 50% of the Black population,
face the greatest disparities.
Smaller corporate presence may lead to decreased investment
and jeopardize a tremendous opportunity
to drive generational change.
The Southern Communities Initiative
is a channel-partner organization
that seeks to actively enable deployment
of racial equity commitments
in the southeastern United States
by concentrating resources to where they're needed most,
amplifying organizations that are delivering
the most impact for the Black community,
coordinating and breaking down silos
to improve operational efficacy of local efforts,
tracking and evaluating progress
to ensure that we're making moves
to close racial equity gaps.
BCG has been a founding member of the 80-plus SCI companies
because we recognize the window
to drive transformational change is closing.
And we, alongside our partners, Vista Equity and PayPal,
can use our collective reach
to drive real change in the equity space.
(bright music)