Companies need to make good on their declarations to support Black
people.
[ [link removed] ]Color Of Change logo[ [link removed] ][IMG]
Tell retail giants Caterpillar, Levi Strauss, Stanley Black & Decker,
and Steelcase to pay reparations instead of paying dividends to
shareholders.
[ [link removed] ]Take Action
John,
When COVID-19 stay-at-home orders began, so did the layoffs. Retail
workers have been some of the hardest hit, losing their previously
reliable incomes as large corporations often closed operations at several
of their facilities.^1 Despite retail giants like Caterpillar, Levi
Strauss, Stanley Black & Decker, and Steelcase doing this, they have
almost simultaneously paid large dividends to their shareholders. That
means that while hourly and low-wage workers were laid off in droves,
shareholders got an additional check. The rich are literally getting
richer—$434 billion wealthier since the pandemic hit—and we can’t accept
these kinds of practices while Black people continue to face low wages,
inability to get the healthcare they need, and violence from police.^2
[ [link removed] ]Tell retail companies Caterpillar, Levi Strauss, Stanley Black &
Decker, and Steelcase that instead of paying shareholders, they need to
pay reparations.
As protests against police violence continue, more and more companies are
coming out with statements to denounce racism. Many of those companies are
the exact same ones who furloughed or fired their hourly employees when
COVID-19 hit instead of finding tangible ways to support them. We think
that companies who are so ready to pay dividends to their shareholders
before providing assistance for their frontline hourly workers need to do
more than just share an anti-racism press release.
[ [link removed] ]Demand retail companies Caterpillar, Levi Strauss, Stanley Black &
Decker, and Steelcase pay reparations by donating to organizations that
are supporting on-the-ground protestors.
Fighting for racial justice is so much more than an anti-racism statement.
It requires dedication and action behind those words. Declaring support of
Black people isn’t enough. Companies need to make good on their commitment
to Black communities, and we’re starting by demanding these four retail
companies pay reparations.
[ [link removed] ]Join us in calling on Caterpillar, Levi Strauss, Stanley Black &
Decker, and Steelcase to pay reparations instead of dividends to their
shareholders
Until justice is real,
—Brandi, Rashad, Arisha, Jade, Johnny, Amanda, Marie, Evan, Imani, Eesha,
Samantha, Jennette, Ciera, Marcus, FolaSade, and the rest of the Color Of
Change team
References:
1. “U.S. companies cut thousands of workers while continuing to reward
shareholders during pandemic,” The Washington Post, May 5, 2020,
[ [link removed] ][link removed]
2. “American billionaires got $434 billion richer during the pandemic,”
CNBC, May 21, 2020,
[ [link removed] ][link removed]
Image: [ [link removed] ]Levi Strauss & Co.
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[ [link removed] ]Color Of Change is building a movement to elevate the voices of Black
folks and our allies, and win real social and political change. Please
help keep our movement strong.
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