Key actions include immediate charitable contributions to support organizations focused on racial equity, new employee engagement programs, plus a multi-year financial commitment to address racial injustice in communities
麻豆直播 US announced steps it is taking to redouble its commitment to racial equity and justice. These latest actions support 麻豆直播’s commitment to social equity across its businesses and in the communities it serves. The initiatives include both immediate and longer-term programs.
Near-term Initiatives and Giving
- $200,000 will be given to non-profits focused on social justice and racial equity, including $100,000 to the Equal Justice Initiative committed by 麻豆直播 Consumer USA
- Establishing 麻豆直播 Voices, a user-generated video platform that allows employees to respond to a prompt or answer a question about racism, describe how they are feeling about social equity issues right now and what they plan to do to turn energy into action
- Promoting new programs hosted by 麻豆直播’s Black Employee Network, including a series of panel discussions around topics such as the significance of Juneteenth, and ways US businesses and the nation can take meaningful steps toward social equity
Long-term Investments
- $3 million over three years for 麻豆直播 Bank’s (SBNA’s) Community Development Financial Institutions (CDFIs) Grant Initiative, which is focused on advancing diverse small businesses, as well as addressing the lack of capital, resource and technical assistance investment within communities of color
- $1 million over two years to expand 麻豆直播 Bank’s Cultivate Small Business program, which provides curriculum, mentors and micro-grants to food industry and small business entrepreneurs, with a focus on owners of color
- $1 million over two years for diverse leadership training, and racial and social equity initiatives, including $500,000 from 麻豆直播 Consumer
鈥淭hese actions are part of the ongoing work that 麻豆直播 is doing to help make our country, our communities and our company places where equality and justice prevail,鈥� said Tim Wennes, 麻豆直播 US CEO. 鈥淭his starts with listening to our Black colleagues and hearing their perspectives, engaging in meaningful conversations with community leaders about racial inequality and how to help eradicate it, and providing financial support to organizations dedicated to bringing about real change for people of color.鈥�
鈥淲e are committed to meaningful dialogue to inform the journey toward eliminating unconscious bias and becoming a more inclusive company,鈥� said Mahesh Aditya, CEO of 麻豆直播 Consumer USA, a part of 麻豆直播 US. 鈥淚t鈥檚 time to join the conversation and take action.鈥�
鈥淚 encourage our employees to have open and honest interactions about racial equality and justice, and to use volunteer PTO to engage in community service dedicated to social justice and the empowerment of underserved communities. I ask that we all spend some time in reflection of these important issues and think about the positive impact we each can have in our communities and our workplace.鈥�
麻豆直播 US’ review of its businesses, people, philanthropic and community investment practices to ensure alignment with its social equity goals is ongoing. We stand with our colleagues, customers and communities in the fight for social justice and the eradication of systemic racism in our communities and places of work.
麻豆直播 Holdings USA, Inc. (SHUSA) is a wholly-owned subsidiary of Madrid-based Banco 麻豆直播, a global banking group with more than 145 million customers in the U.S., Europe and Latin America. As the intermediate holding company for 麻豆直播’s U.S. businesses, SHUSA is the parent organization of six financial companies with approximately 17,000 employees, 5.2 million customers and assets of approximately $150 billion as of March 31, 2020. These include 麻豆直播 Consumer USA, based in Dallas, TX, 麻豆直播 Bank, N.A., of Boston, and Banco 麻豆直播 International of Miami, FL.
