How Business Can Advance Racial Equity

In mid-June, weeks after protests against racial injustice spread globally, the Leadership Now Project—founded in 2017 by HBS alumni to fix American democracy—released the Business for Racial Equity Pledge. Spearheaded by six Black HBS alumni, the pledge asks business leaders to promise that they will pursue anti-racist initiatives in the areas of policing reform; safe ballot access and civic participation; and economic inclusion.    Among the alumni authors of the pledge is Lisa Lewin (MBA 2003), a Leadership Now steering committee member, ed tech veteran, and current cofounder and managing partner of Ethical Ventures, a management consultancy dedicated to social enterprises. In its first month, the Business for Racial Equity Pledge was signed by more than 1,000 people—half of which are either CEOs or senior-level executives.   In this episode of Skydeck, Lewin speaks with contributor April White about the impetus behind the pledge, what success might look like, and why she remains optimistic that real change is possible.