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Racial Justice
“Racial injustice is the act of being unjust to an individual or group based on race, particularly concerning legally recognized rights. It includes discrimination based on race or ethnicity in voting, employment, housing, and the administration of justice… it refers to conduct such as racial profiling and the imposition of harsher penalties on convicted criminals, including the death penalty, based on race.”
www.mylawquestions.com/what-is-racial-injustice
Median household income for black workers was roughly $46,000, compared to $75,000 for white workers – this gap has changed little since 1970! The median wealth of white households was $184,000 compared to just $23,000 for black households or 8 times greater
21 percent of the U.S. black population lived in high poverty areas compared to just 4 percent of white people.
In 2019, the unemployment rate was 9.7 percent for black individuals, compared to just 5.3 percent for white individuals.
Under the US constitution, all are created equal and have equal rights to include “…Life, Liberty and the pursuit of Happiness.” While progress has been made, there is still more we can all do to relinquish the inequities that continue today. Racial injustice impacts all of us. “Injustice anywhere is a threat to justice everywhere.” – Martin Luther King, Jr.
Sources:
8 Facts You Should Know About Racial Injustice in the Criminal Legal System - Innocence Project
Racial Inequality in the United States | U.S. Department of the Treasury
US Black-White inequality in 4 charts | CNN Politics
We give an "A" grade to ratings with a score of 80-100, a "B" grade to ratings with a score of 60-80, and so on. Ratings are roughly normally distributed around a mean of 50.
Causes form the basis of impact ratings and analysis on Ethos ESG. Ethos currently has 45 causes available, based on the United Nations Sustainable Development Goals (SDGs). See descriptions of all causes, SDGs, metrics, and explore in more detail at www.ethosesg.com/definitions.
Light Money focuses on what we think are of the most common areas of concern for the public today based on what investors are telling us is important. These 6 causes are also personally near and dear to the team at Wayfinder Wealth Management.
The 3 metrics shown in the above 6 scorecards were selected by pulling Ethos data for each cause, sorting by weighting, and selecting the highest weighted metrics that had a measurable result while trying to minimize overlap and subjective scoring. These metrics are also aligned with the most common shareholder resolutions that are filed . For a full list of all causes, metrics, screens, and more, please visit www.ethosesg.com/definitions.