Companies Considered for Investment: Led by Founders from Historically Marginalized Groups due to Race and/or Ethnicity (II8439)

This metric is intended to capture the number of companies in the organization’s investing pipeline during the reporting period that are led by individuals from groups historically marginalized due to race and/or ethnicity. To qualify, an organization's leadership must be at least 50% from historically marginalized groups due to race and/or ethnicity, defined by the organization within the local context (see following note). Organizations should count all companies in the pipeline at any point in the reporting period, regardless of whether or not investment or the investment process proceeded.

Organizations focusing this metric on groups historically marginalized due to race and/or ethnicity must define that group according to context. For example, in the United States, organizations might focus on Black, Indigenous, and People of Color (BIPOC). In South Africa, organizations might focus on Black African, Coloured, and Indian or Asian Individuals. In all contexts, when defining these groups, organizations must consider local history and context.

This metric aligns with the Corporate Racial Equity Alliance’s (https://corporateracialequityalliance.org/) Investor Blueprint for Racial Equity.