06/08/20

It’s Time to Double Down on Solving Racial Inequities

Two of SMS Research Advisor’s guiding beliefs are “Think as Many” and “Work Brave.” When it comes to fighting discrimination, racial injustice and inequality, it’s time to double down on both.

The anger, pain, frustration and discord we’ve seen and experienced following the deaths of George Floyd, Ahmaud Arbery, Breonna Taylor and so many other Black people in America have laid plain the unvarnished truth that there are – and always have been – significant, deep-rooted divisions in our society. We need to be humble enough – and brave enough – to confront these truths and take action.

In partnership with our colleagues across AVENIR GLOBAL, SMS has had a strong commitment to addressing Diversity and Inclusion within the firm, and we have been actively participating in industry efforts to make the field more inclusive and attractive to people of color. But we know we need to do more – both leaning into and accelerating those efforts and thinking more expansively about ways in which we can help break the cycle. We can and will do our part within our organization, with our employees and in our communities.

We can only change and evolve by first listening, learning and having courageous conversations and then through meaningful, continuous, sustained actions. That is what we intend to do, and we hope our clients and our peers will join us.