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One hundred and fifty-six years after Black Americans in Galveston, Texas learned of the outlaw of enslavement — well after the Emancipation Proclamation — President Biden signed the Juneteenth National Independence Day Act. Juneteenth is now the 11th annually recognized federal holiday and the only federal holiday centered on the horrors of enslavement and the promised transformative legacy of emancipation.
This federal recognition builds on years of advocacy from leaders like Opal Lee. A fearless changemaker from Texas, Opal walked from her home in Fort Worth to Washington, DC in 2016 — when she was 89 years old — to bring attention to her urgent belief that the history of Black Americans should be acknowledged and commemorated.
While we joyously celebrate the recognition and prestige of a federal holiday designation, it’s clear the fight for racial equity is far from over. Let’s use this weekend to reflect on how we are being changemakers in the anti-racism movement and how we can further our impact in creating equitable communities.
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| This week we were thrilled to see President Biden nominate Michael Smith, former Case Foundation SVP, as CEO of AmeriCorps! His track record of working across the aisle and his extensive on-the-ground experience helping improve communities across America make him an ideal candidate for this role. His fearless leadership will bring fresh energy and vision to volunteerism and the social sector. Congrats, Michael — we are so proud! |
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| Investors Ask SEC for More ESG Disclosures |
| Since the US has no specific ESG disclosure rules and no uniform standards for measuring corporate ESG goals, investors and consumers don’t have a basis to verify corporate activity in these areas. Industry frustration over the lack of standards is now putting pressure on the SEC to weigh in. |
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| PwC to Hire 100,000 over Five Years in Major ESG Push |
| Accounting firm PwC announced it will invest $12 billion over five years to create 100,000 new jobs focused on helping its clients with climate and diversity reporting. Global Chairman Bob Moritz said ESG will now be closely embedded across the firm's work. |
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| INCLUSIVE ENTREPRENEURSHIP |
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| An Explosion of Entrepreneurship |
| Read about fearless entrepreneurs using the urgency of the moment to bet on themselves and launch companies across the country. Special shoutout to Maisha Burt, founder of Workchew, who is based in our hometown of Washington, DC! |
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| Are VC Firms Doing Better on Diversity? |
| Progress diversifying workforces continues to be a challenge across a wide variety of industries. While the data on the venture capital industry makes it clear they have a long way to go, the number of firms with diversity, equity, and inclusion plans has increased. We know many will be watching to see if these firms follow through on their DEI plans. |
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| Podcast: Partnering Leadership |
| Jean Case joins Mahan Tavakoli for a #BeFearless conversation where they talk about the importance of making big bets, risk-taking, failure and reaching beyond your bubble. |
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| Building a More Diverse Board |
| Looking to recruit diverse board leadership? You may need to look beyond your bubble. Max Simkoff, CEO of real estate tech startup Doma, says, “If you think it's too hard to diversify your board, or if you think you'll have to compromise on merit, you're probably doing something wrong.” |
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