For too long Blacks have been left behind by the diversity movement in Canada. The BlackNorth Initiative was created by The Canadian Council of Business Leaders Against Anti-Black Systemic Racism to combat anti-Black systemic racism in Corporate Canada. The Initiative challenges senior Canadian business leaders to sign a CEO Pledge committing their companies to specific actions and targets designed to end anti-Black systemic racism and create opportunities for all of those in the underrepresented BIPOC community.
The Pledge commits business leaders and their organizations to specific actions and targets designed to end anti-Black systemic racism. To date, over 250 organizations have signed the Pledge spanning companies of all sizes, industries and mandates, including: financial services, education, extractive industries, professional services, healthcare, online services, consulting, manufacturing, small to medium sized firms, business associations, private companies, and more. Notably, 30% of the companies on the TSX 60 have signed the pledge and the total market cap of all committed organizations exceeds $1 trillion, representing almost one-third of the TSX’s total market cap.
Corporate Canada was bold enough to take up the challenge to add gender diversity to Canadian boardrooms and executive suites by declaring policies, setting specific targets, and holding itself accountable and is now well on the way to reforming the system.
Now it is time to do the same thing for Blacks.