Charles F. Lowrey

“Well, following the murder of George Floyd, we deepened and accelerated our racial equity and social justice efforts, which had been underway for several decades, but not to use a trite phrase, but this time was different. And as a result, we created nine commitments to advance racial equity, which we shared with employees and then published on our website, which was something very new and very different for us.”

“Secondly, we tied executive compensation to the achievement of our diversity goals through a modifier in their long term compensation.”

“So we've expanded our vendor initiatives. We have invested in small companies. We have a $1 billion impact investing portfolio.”

“Our work in healthcare, education, financial security, corporate social responsibility, community based solutions, all of it pulling it together under this theme of inclusive economies. And we think it's essential to consider the pillars of an inclusive economy in that comprehensive lens, in a spirit of optimism.”

“We absolutely believe that diversity, equity and inclusion, and looking at structural factors like endemic structural racism, are not the work of one time, but of all time.”

"We're here to celebrate an important milestone. And that milestone is the building of a $1 billion impact investment portfolio at Prudential."