Confluence Members and partnering investor networks launched a pledge for racial equity. We call it the Belonging Pledge, #2020belongingpledge.
We believe that racial equity belongs throughout the investment process, in the investment committee meeting, and, ultimately, in how decisions are made about capital deployment. Achieving racial equity is typically presented as daunting, perhaps even unattainable for some minds. But change is possible with sincere commitment, clear goals, and measurable benchmarks. Most importantly, change must begin with a shift in the prevailing racially homogenous culture and exclusivity that ultimately perpetuates racial bias and inequity within the investment industry and investors’ portfolios.
The Confluence community has been at the vanguard of progressive investment for a decade. It’s our role to move the line down the field. We ask all our members and partners to commit to the Belonging Pledge. For those of you that already hold racial equity core to your investment process, we ask that you commit to pushing that agenda to the next level this summer.