<p>Just one per cent of Fortune 500 companies are led by Black chief executives, Managing Director at the World Economic Forum (WEF), Saadia Zahidi said.</p>.<p>Bengaluru-headquartered information technology services major Wipro Limited on Wednesday announced that it has joined the Partnering for Racial Justice in Business initiative launched by the WEF to promote a culture of diversity, inclusion, equity and justice for people of all racial backgrounds in the workplace.</p>.<p>"With just one per cent of Fortune 500 companies led by Black chief executives, the need to tackle racial under-representation in business is urgent and obvious," Zahidi was quoted as saying in a Wipro statement.</p>.<p>To design racially and ethnically just workplaces, companies must confront racism at a systemic level, addressing not just the structural and social mechanics of their own organisations, but also the role they play in their communities and the economy at large, she said.</p>.<p>"The 'Partnering for Racial Justice in Business initiative' provides an effective platform for businesses to take individual and collective action towards racially and ethnically just workplaces," Zahidi said.</p>.<p>Wipro said the initiative is aimed towards driving action and accountability for companies to confront racism at a systemic level, set new global standards for racial justice in business and accomplish necessary policy changes for inclusion and advancement of professionals with under-represented racial and ethnic identities.</p>.<p>Chief Executive Officer and Managing Director, Wipro Limited, Thierry Delaporte, said, "Without a doubt, we must be inclusive in our hiring process, create new platforms to engage with employees and alleviate existing racial tensions, encourage racial empathy, and cultivate a fully inclusive and welcoming workplace." </p>
<p>Just one per cent of Fortune 500 companies are led by Black chief executives, Managing Director at the World Economic Forum (WEF), Saadia Zahidi said.</p>.<p>Bengaluru-headquartered information technology services major Wipro Limited on Wednesday announced that it has joined the Partnering for Racial Justice in Business initiative launched by the WEF to promote a culture of diversity, inclusion, equity and justice for people of all racial backgrounds in the workplace.</p>.<p>"With just one per cent of Fortune 500 companies led by Black chief executives, the need to tackle racial under-representation in business is urgent and obvious," Zahidi was quoted as saying in a Wipro statement.</p>.<p>To design racially and ethnically just workplaces, companies must confront racism at a systemic level, addressing not just the structural and social mechanics of their own organisations, but also the role they play in their communities and the economy at large, she said.</p>.<p>"The 'Partnering for Racial Justice in Business initiative' provides an effective platform for businesses to take individual and collective action towards racially and ethnically just workplaces," Zahidi said.</p>.<p>Wipro said the initiative is aimed towards driving action and accountability for companies to confront racism at a systemic level, set new global standards for racial justice in business and accomplish necessary policy changes for inclusion and advancement of professionals with under-represented racial and ethnic identities.</p>.<p>Chief Executive Officer and Managing Director, Wipro Limited, Thierry Delaporte, said, "Without a doubt, we must be inclusive in our hiring process, create new platforms to engage with employees and alleviate existing racial tensions, encourage racial empathy, and cultivate a fully inclusive and welcoming workplace." </p>