Corporate America plans to fight for racial equality and justice by forming a committee, the nation’s largest business lobby announced on Friday.
The Business Roundtable’s effort arrives amid a rash of corporate statements in support of the nationwide protests demanding an end to systemic racism following the police killing of George Floyd.
The statements have been met with skepticism because of the long history of big business perpetuating racism by paying low wages, failing to promote people of color and campaigning against unions.
Walmart’s chairman and chief executive, Doug McMillon, is chairman of the Business Roundtable, and said customers, employees and communities were looking for businesses “to act now”.
“Having spoken to many CEOs of America’s leading businesses, I know they share my conviction that this is a time to act to address racial