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Sustainability Matters

Racial Incidents Spiked in 2020 Despite More Diversity Initiatives, New Study Shows

A Sustainalytics report assessed company involvement in controversies related to race and ethnicity.

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Corporate racial and ethnic incidents soared in 2020, according to a recent study from Sustainalytics, a Morningstar company. From a sample of 206 global firms, there were 605 incidents between 2015 and the first quarter of 2021. Nearly half of these happened during 2020.

Sachin Nagarajan does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.