We believe in the inherent dignity and the equal and inalienable rights of all members of the human family as the foundation of freedom, justice, and peace in the world. Systemic racism is a persistent affront to those beliefs.
The UN Guiding Principles on Business and Human Rights state:
“Business enterprises should respect human rights. That means that they should avoid infringing on the human rights of others and should address adverse human rights impacts with which they are involved.” 1
We agree and therefore join the growing tide of businesses committed to eliminating racial injustice. We will take responsibility for, and where necessary, take action to address our impact on racial justice across our portfolios, firm and global community.
Our Racial Justice Action Plan is built in context of the dual roles we serve in our society – as investors and as a business. Our impacts primarily occur through our investments; however, our firm’s nexus to racial justice is an area for potential human rights impact that we seek to recognize and address here. We recognize that the system is not external to us, we are of it, affecting it and affected by it.
As a founding signatory of the UN Guiding Principles, we use that human rights framework to guide our development of the plan and our planned actions.