At the heart of Comcast’s mission, vision, values and culture is a deep and longstanding commitment to diversity, equity and inclusion.
Comcast has expressed outrage over the far-too-familiar and frequent acts of violence against the Black community, and has acknowledged the structural racism that fuels these injustices. Comcast seeks to play an integral role in driving lasting reform.
It is for these and other reasons that Comcast, like so many others, was appalled at the racist imagery recently posted on the Silicon Valley Organization (SVO) website. We found it unacceptable and effectively immediately, Comcast will resign its positions on the SVO Board and SVO PAC Board and Comcast will rescind its membership in the SVO.
We have developed and begun executing a comprehensive, multiyear plan to allocate $100 million to fight injustice and inequality against any race, ethnicity, gender identity, sexual orientation or ability. In California specifically, we also recently announced a $350,000 donation to Opportunity Fund to provide microloans and wraparound services for BIPOC (Black, Indigenous, People Of Color)-owned small businesses. And just last week, we launched Comcast RISE, a national initiative created to help strengthen and empower small businesses hard hit by COVID-19. The Comcast RISE program will help thousands of small businesses over the next three years.
These are just a few examples to illustrate Comcast’s unwavering commitment to creating a more equitable, just and inclusive society.
To learn more about Comcast’s commitments to advance equality, read this letter from our Chairman and CEO, Brian Roberts.