An Update On Our DEI Work
The recent violent killings of George Floyd, Breonna Taylor, Ahmaud Arbery, and countless others have reinforced the shameful legacy of systemic racism that has endured since our nation’s founding.
The pernicious products of structural inequity, including mass incarceration, unequal health outcomes, and economic deprivation, are the central focus of our work at Social Finance. And now, more than ever, we’re compelled to build back better.
In our recent statement, we outlined the commitments we’re making to fight systemic racism, including:
- Proactively addressing racial inequities in our work with partners. We will further highlight disparities through analysis, measure them in evaluation plans, counteract them in performance management processes, and ultimately rewrite compacts to hold stakeholders across the system accountable.
- Intentionally amplifying the voices of people who are impacted by systemic racism. This will require a broad rethinking of how we assess need, who is involved in our design process, how we devise and align incentives, and how we can be more proximate to lived experience in our daily work.
- Strengthening diversity within our team. We will follow through on our commitment to increase Black representation on our staff and our board.
- Reassessing our vendors and suppliers. We will leverage our spending power and actively pursue inclusive and diverse relationships.
We will provide updates as we expand on these commitments and translate them into action.
Last updated July 2020
Our commitment to diversity, equity, and inclusion (DEI) enables us to better achieve our mission and drive meaningful social outcomes. By prioritizing and valuing DEI, we aim to advance impact across people, partners, and systems.
- By incorporating diversity, we seek to elevate all absent perspectives and encourage a fuller representation of experiences, skill sets, and viewpoints to develop more effective solutions.
- By embedding an equity lens in our work, we can actively address the imbalances in opportunities and outcomes.
- By building an inclusive environment, we create a thriving culture, foster a sense of belonging, and strengthen teams.
DEI is a humbling journey; we acknowledge our own limitations and that we may not always get it right. However, we are committed to learning and improving, and strive to use Social Finance’s unique position and resources to improve the lives of underserved individuals and communities.