Company News

P&G Creates ‘Take on Race’ Fund

Pours in an initial $5 million to fight for justice, advance economic opportunity.

Procter & Gamble announced today that it would be “stepping up… ongoing efforts to advance equality for all people, and especially, right now, for Black Americans who face racism, bias and brutality,” and is establishing a fund with an initial contribution of $5 million for organizations striving for “equality and justice.”
 
In a statement on its website today, P&G penned:
 
“For years, we have used our voice as a leading advertiser to shine a light on inequalityhighlight bias, and spark dialogue that leads to understanding and action. We’ve brought companies together for collective action. And we’ve made equality a priority within our own walls. But that’s not enough. More is needed. Now.
 
Together with our brands, we are doubling down on these efforts and establishing a fund with an initial contribution of $5 million to accelerate and expand this work alongside organizations that fight for justice, advance economic opportunity, enable greater access to education and health care and make our communities more equitable.”
 
P&G’s Take On Race Fund will support what the company described as larger, established organizations in North America like the NAACP Legal Defense and Education FundYWCA Stand Against Racism and the United Negro College Fund.  The Fund will also include smaller organizations that mobilize and advocate, such as Courageous Conversation, and groups that hold our elected officials more accountable. 
 
P&G said more groups will be added. 
 
“These are all new and increased commitments that recognize this moment of urgency in our society,” said P&G, which markets leading brands like Tide, Dawn, Olay and Gillette.  


 

 
But P&G also noted that more than financial support was needed to drive change. 
 
Our leaders are speaking up and speaking out on what we believe. Our employees are becoming even more involved in their local communities. Our brands are creating programs that advance people of color in science and technology, among many areas. And we’re using our position as a leading corporate citizen to convene others for a bigger, collective impact,” P&G’s statement read.
 
In addition, P&G said it will re-releasing its award-winning films THE TALK and THE LOOK, and airing them more broadly to inspire important conversations to drive understanding, empathy, and change. Further, it will re-release a newer film, CIRCUMSTANCES, which speaks to the disproportionate impact of COVID-19 on Black communities.

It said it will also bring forward programs to create further dialogue, understanding and action: TIME 100 Talks on Thursdays in June; The Queen Collective films focused on social issues that inspire positive change on June 13; The BET Awards on BET and CBS/Viacom on June 28.
 
In closing, P&G’s statement read: “At P&G, we know that an equal world is a better world – for everyone. We know that our success is grounded in the success of our employees, consumers and communities. All of them.

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