Raytheon Technologies has announced a five-year, $25 million commitment in support of efforts to advance racial justice, empowerment, and career readiness in underserved communities.
The commitment is part of the company's four-pillar strategy, which integrates initiatives in talent management, community engagement, public policy, and supplier diversity to advance diversity, equity, and inclusion across its workforce. As part of the commitment, Raytheon will offer a two-to-one match for every dollar employees donate to select nonprofits working in the area of racial justice. Chosen in collaboration with the company's Black employee resource groups, participating organizations include the NAACP Legal Defense and Educational Fund, the National Urban League, and the Equal Justice Initiative.
In November, the defense contractor finalized commitments with the Congressional Black Caucus Foundation to establish a Defense and Aerospace Policy Fellowship program and a Faith & Politics Institute in support of initiatives that can help drive bipartisan policy conversations around issues such as diversity and racial equity. The company also is providing support to more than a dozen organizations focused on STEM education in communities underrepresented in technical fields, including the Boys and Girls Clubs of America, Girls Who Code, the Smithsonian National Museum of African American History, NAF, and the National Society of Black Engineers.
"Our goal is to effectively partner with organizations on programs that empower individuals by creating tangible opportunities in the workforce and [that] advance our communities to drive meaningful societal impact," said Pam Erickson, Raytheon chief communications officer and head of corporate philanthropy. "The best way to support our employees is to ensure an inclusive culture where everyone can thrive at Raytheon Technologies, but there is more we can do for the people and communities beyond where we work and live."
(Photo credit: National Urban League)