Google Donates $175 Million for Racial Equity
Earlier this week, Google CEO Sundar Puchai announced plans for the company to donate $175 million toward racial equity initiatives following widespread protests that took place after the death of George Floyd. The focus of Google’s donation will be on black-owned businesses and black entrepreneurs, according to a report by The Verge.
The “economic opportunity package” donated by Google will be broken down into four categories: $100 million to black-led venture capital firms, startups, and other organizations focused on black entrepreneurs, $50 million for small businesses focused on the black community, $15 million toward black job seekers’ training programs, and $10 million toward black developers within Google’s company.
In addition, Google is committing $3 million toward black students focused on early computer science education. Earlier this month, Google also pledged $12 million in donations toward fighting racial inequalities.
Other companies such as Amazon, Facebook, Apple, and YouTube have also announced similar donations. Apple also started a $100 million program called the Racial Equity and Justice Initiative and YouTube created a $100 million fund to help support black creators.
Alongside their donations, Google is also making changes within their company to support their black employees, like their plans to add more black representation to their senior leadership team. That team is meant to include 30% of minority people by 2025.
In their 2020 diversity report, black employees only made up 2.6 percent of Google’s leadership positions in the U.S. Meanwhile, white employees made up 65.9 percent and Asian employees made up 29.6 percent.
Google is also planning to improve their hiring, retention, and promotion for minority persons in their company. Pinchai said that they want to create a “stronger sense of inclusion and belonging” for their black employees.
They also plan to eliminate a process of asking employees to monitor for unauthorized visitors walking into the office behind them without swiping in, saying that this method is “susceptible to bias”. They are planning to rely on other methods of security checks instead.
Google also announced that they will add more anti-racism training programs to reach their entire workforce after coming under criticism for the programs only being available to some employees. They also plan to expand mental health resources and other benefits.
“Creating meaningful change starts within our own company,” Pichai said. “Strengthening our commitment to racial equity and inclusion will help Google build more helpful products for our users and the world.”
Read the full report here.