Bridgewater is a founding member of the World Economic Forum’s new initiative, Partnering for Racial Justice in Business. The initiative pulls together 48 leading global companies, spanning 13 industries, to improve racial and ethnic justice in the workplace. Each member of the initiative has committed to putting racial and ethnic justice on the agenda of their corporate boards, taking concrete actions as a firm to advance equity and justice, and setting a long-term strategy to become an anti-racist organization. At the time of the announcement, CEO David McCormick issued the following statement on Bridgewater’s commitment to this partnership:
"The time has come for corporate leaders to step up — it is long overdue. Bridgewater’s culture is rooted in equity and rewards based on merit. There’s a natural alignment between our way of being and the goals of the Partnership for Racial Justice in Business. We don’t claim to have all the answers on the biggest societal questions. But as a founding member of the Partnership, we are committed to ongoing improvement at our own company, and to collective action that creates more equitable workplaces across the world."
Learn more about the partnership here.