DuPont today announced plans to spend $10 million in efforts to improve equality and address racial issues.
CEO Edward Breen made the announcement in a letter to employees of the company based near Wilmington.
“Addressing equity and equality also requires a sustained effort. To that end, we are committing $10 million over the next 10 years to support these initiatives in two key focus areas. The first is to advance economic opportunity encompassing education initiatives, talent development, mentoring and hiring practices that broaden and accelerate equity; the second is focused on achieving greater inclusivity, applying resources within our company and communities and partnering with organizations to address racism and eliminate bias and barriers to equality for Black and other minority people,” Breen wrote.
DuPont has been a pioneer among the Fortune 500 in diversity efforts over the decades but has undergone major restructurings and moved its headquarters outside Wilmington, a city with a high percentage of Black residents.
Its former headquarters is now the home of Chemours, a DuPont spinoff.
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