Companies, organizations, and governments have a major role to play in advancing racial equity. BCG is committed to helping our clients and society become more inclusive and equitable for all.
Walter Diaz
A confluence of crises has brought longstanding social and racial equity issues into sharp focus. These crises have compelled organizations and their leaders to act to advance racial equity and help all communities to thrive by addressing the needs of underserved groups.
At BCG, where diversity is a core founding value, we’ve faced the same challenges in our own business and bring our experiences, insight, and expertise to our clients.
Many leaders want to invest in corporate philanthropy and racial equity initiatives but aren’t sure how to use these levers to achieve impact. They are also looking to understand how to expand their offerings to better serve customers, including Black, Latinx, and Asian customers and communities; how to better partner with and enable small and minority-owned businesses as suppliers; and how to advance, retain, and invest in underrepresented employees.
Our racial equity consultants partner with a range of clients—large corporations, growing businesses, educational institutions, governments, and the social sector—throughout the journey to diversity, equity, and inclusion (DEI).
Our holistic approach to achieving sustainable impact in DEI is built on three pillars of action:
Grameen America. BCG engaged with Grameen America, a microloan provider and CDFI, to enhance access to capital for low-income Black female entrepreneurs across the US. In less than a year, the organization disbursed $2.1 million in loans to hundreds of Black women entrepreneurs.
CEO Action for Racial Equity Fellowship. As a member of CEO Action for Racial Equity, from 2020-2024 we helped identify, develop, and amplify scalable and sustainable policies and corporate best practices that address systemic racism and social injustice to positively impact over 47 million Black Americans and societal well-being.
Business Roundtable on Racial Equity and Justice. We collaborated with 200 CEOs to increase corporate diversity, provide greater transparency on diversity metrics, and create opportunities for people of all backgrounds across America.
BCG’s North America Center for Inclusion and Equity
We partner with organizations to help build inclusive cultures, deliver social impact, and create business value.
PE-owned firms are lagging their public counterparts on diversity, equity, and inclusion. This needs to change.
Despite efforts to promote equity, many employees say companies haven’t done enough. Creating an equitable environment goes beyond hiring a diverse team—and benefits the entire company.
Misconceptions about Black and Latinx un/underbanked households make it hard for the financial sector to address the problem effectively.
To create inclusive workforces and inclusive products, companies must treat inclusion as a business innovation. Bridging the racial wealth gap requires committed resources and responsibilities.
Our racial-equity consultants support our clients throughout their diversity, equity, and inclusion journey, meeting them at their unique starting points and helping them advance their business and racial-impact goals.
