Racial Justice Initiative

+ Corporate Engagement on Racial Justice

Since 2020, the Racial Justice Initiative has developed Racial Justice Scorecards on the Large-Cap 3000, to monitor publicly available information on key actions related to racial equity, diversity, and inclusion disclosure and policies, and environmental justice. The Racial Justice Scorecards are an educational tool with guidelines that assist a variety of stakeholders in understanding and gauging corporate progress on racial equity and environmental justice. Companies, investors, consumers, and other stakeholders actively use our work to make policy, financial, and personal decisions.

As shareholder advocates, we educate and motivate companies to examine implicit biases built within their systems by engaging directly with public companies. The Racial Justice Scorecards serve as the backbone of our corporate engagement strategy and our key performance indicators (KPIs) are evaluation guidelines which track and monitor corporate progress.

Our data is thoroughly quality-checked, with a transparent methodology available on our website. The data is updated quarterly, giving companies we engage with the opportunity to improve real time, as well as annually- with an intensive research update occurring each year.

+ Racial Justice Scorecards: Quarterly Update Key Findings as of December 31st, 2024

View our Racial Justice Scorecard Data Visualization Tool

• Of the Large-Cap 3000 companies, only 26% made statements in reference to George Floyd’s murder. Of these, 67% were posted on their websites; 33% on social media
• 24% of the Large-Cap 3000 companies have made a statement, or completed a public action, which referenced their CEO accepting responsibility to further racial equity
• 17% of the Large-Cap 3000 companies that made a statement named victims of police violence
• Only 8% of the Large-Cap 3000 companies that made a statement which stated that Black Lives Matter
• Only 108 companies in the Large-Cap 3000 stated that they are, or aspire to be, antiracist companies and/or are conducting antiracist trainings
• 255 companies in the Large-Cap 3000 have a C-Suite Level executive leading the company’s DEI Department. These 255 people have DEI, or a similar term, in their corporate title, and lead DEI-focused departments, programs, and/or taskforces
• 19% of the Large-Cap 3000 companies have made financial donations to racial justice organizations/causes
• Only 96 of the Large-Cap 3000 companies publicly recognized, or made statements regarding environmental justice in relation to their business practices
• 393 of the Large-Cap 3000 companies have between 1 and 25 environmental violations since 2020
• Only five companies in the Large-Cap 3000 have more than 100 environmental violations each since 2020
• Only one company, McDonald’s, received the lowest possible score for having disproportionate effects on BIPOC communities
• Of the Large-Cap 3000 companies, 116 companies have a total score that is less than zero, meaning that they do more harm to communities of color than they make up for with positive policies and practices. The majority of the low scorers are in the Industrials sector, followed by the Materials and Energy sectors