Home ยป Just 1% of Fortune 500 companies led by black chief executives: World Economic Forum
Business

Just 1% of Fortune 500 companies led by black chief executives: World Economic Forum

Wipro joins Partnership for Racial Justice in business initiative.

Saadia Zahidi said that only 1% of Fortune 500 companies are headed by Black Chief, the Managing Director of the World Economic Forum (WEF).

Bengaluru-headquartered information technology services chief Wipro Ltd announced on Wednesday that it will launch an initiative by WEF to promote a culture of diversity, inclusion, equity and justice for people of all racial backgrounds in the workplace. Has joined the partnership for.

Ms. Zahidi quoted a Wipro statement as saying, “With only 1% of Fortune 500 companies led by Black Chief executives, the need to represent racial under-business is immediate and clear.”

To design racially and ethnically just workplaces, companies must confront racism on a systemic level, addressing not only the structural and social mechanics of their own organizations, but also their communities and the larger Scales play a role in the economy, she said.

“Zahidi said,” ‘Participation for Racial Justice in Business Initiative’ provides businesses with an effective platform to take individual and collective action toward racially and ethnically just workplaces, “Ms Zahidi said.

Wipro said the initiative aims to set driving action and accountability for companies to confront racism at a systemic level, set new global standards for racial justice in business, and for professionals with under-represented racial and ethnic identities The policy changes required for inclusion and advancement have to be met.

Chief Executive Officer and Managing Director of Wipro Limited, Thierry Delaporte said, “Without a doubt, we should be involved in our recruitment process, engaging with staff and existing racial tensions, encouraging racial empathy and fully We need to create new platforms for farming. ” An inclusive and welcoming workplace. ”

You have your limit for free articles this month.

Membership benefits included

Today’s paper

Get a mobile-friendly version of the article from the newspaper of the day in an -to- list.

unlimited access

Enjoy reading as many articles as you want without any limitations.

Personal recommendations

A selected list of articles that match your interest and taste.

Fast page

Move seamlessly between articles as our pages load instantly.

Dashboard

One-stop-shop to see the latest updates and manage your preferences.

Talk

We inform you about the latest and most important events three times a day.

Support quality journalism.

* Our digital subscription plans currently do not include e-paper, crosswords and print.

.

About the author

admin

Add Comment

Click here to post a comment