This Week in ESG and Impact Investing

To calculate the actual LOSS, NOT SAVINGS generated by DOGE’s elimination of DEI contracts, we must consider the broad economic and social costs associated with racial discrimination in employment, housing, health disparities, entrepreneurship barriers, and overall economic productivity . These factors create hidden costs that far exceed the reported $1 billion in so-called "savings." 1. Economic Impact of Employment Discrimination Wage and Productivity Losses : Racial and gender discrimination in hiring, promotions, and wages reduces earnings and workforce productivity. A 2019 study from Citigroup estimated that racial discrimination cost the U.S. economy $16 trillion over the past two decades . Labor Market Exclusion : Discrimination against Black, Hispanic, Asian, and Indigenous workers reduces overall workforce participation and lowers GDP. Cost of Unemployment and Underemployment : The absence of DEI programs increases bias, making it harder for minorities to access j...