The founding members include 48 organisations representing 13 industries, with more than 5.5 million employees worldwide and headquarters in three continents
Infosys and Tata Consultancy Services (TCS) are the Indian technology services organisations that have decided to take up the issue of racism at the workplace. The two Indian multinations have become part of a global alliance started by the World Economic Forum (WEF) to abolish racism at the workplace.
This alliance or partnership for “racial justice in business”, as aptly spelled out by WEF, will see member organisations making a commitment to ensure that their workplaces are equitable and provide equal opportunities and fair treatment to professionals belonging to “under-represented” races and ethinicities.
All members of the coalition will have to place racial and ethnic equality on top of the priorities for their boards. They will have to make one commitment towards racial and ethnic justice in their organisation, and design long-term strategies to transform into anti-racist organisations.
To achieve all this, the member organisations may have to allocate funds and resources towards work related to racial justice. They can set representation goals for all senior executives and managers and introduce mentorship initiatives for employees from diverse backgrounds, races or ethnic communities. Inclusion of Blacks will be one of the most important parts of their plan.
The coalition comprises 48 founding member organisations that represent 13 industries, with over five and a half million employees across the globe and headquarters in three continents.
Some of the other big names that are part of the alliance are Microsoft, Google, Cisco, IKEA, Bloomberg, Boston Consulting Group, HP, EY, Cognizant, Moller-Maersk, AlixPartners, AstraZeneca, BlackRock, Bridgewater Associates, H&M, Centene, Dentsu International, Deutsche Bank, and Henry Schein.