Donating. Spending. Investing. One of the most powerful mechanisms we have to address systemic racism is our wallet. For starters, we can donate to the many organizations focused on this issue (linked below). But, it’s also crucial to understand how certain industries actually profit from systemic racial injustice, and whether or not they're in your portfolio. The below video covers several players, namely private prisons, predatory lenders and polluters, that have a profound impact on exacerbating racial inequality in America.
Jay Lipman, a co-founder of Ethic, is driven by the need to address climate and environmental risks with the resources to which we each have unique access. He has been ranked among the Forbes 30 Under 30: Social Entrepreneurs. Born in the UK, he now lives in San Francisco. Previously, he managed the capital of ultra-high-net-worth investors in Deutsche Bank's cross-asset capital markets structuring and sales team.