55 Sustainability Report 2021 Inclusive Growth | One Million Black Women One Million Black Women builds on the key lessons that we’ve learned through decades of listening, learning, and engaging with Black communities: • Connection with communities is critical. We are focused on making a real impact by listening and learning from lived experiences of the community and building long-term relationships to facilitate sustainable change. • Leveraging our research and voice can make a difference. When our research can both identify opportunity and leverage our voice to mobilize others around that opportunity, we can make a greater impact. • Driving access to capital is important, but it is not enough. Changing the economic disadvantages that Black women face requires a multidimensional commitment across the public and private sector that span education, healthcare, financial health, and communities. • Commercial capital is key, but we also need to leverage the full spectrum of resources available to us — including strategic philanthropy and partnership. With this program, we pair $10 billion in direct investment capital and $100 million in philanthropic capital to drive holistic solutions that help meet our goal of impacting the lives of at least one million Black women. INCLUSIVE GROWTH One Million Black Women focuses on key impact areas to help narrow specific gaps in: • Accessible and Innovative Healthcare • Financial Inclusion: Access to Capital, Job Creation and Workforce Development, and Financial Health • Communities: Affordable and Quality Housing and Digital Connectivity • Accessible and Affordable Education 55 OUR INVESTMENTS WILL FOCUS ON INCREASING OPPORTUNITY ACROSS KEY MOMENTS IN BLACK WOMEN’S LIVES Birth K-12 School College Buying / Renting a Home Saving / Retiring Early Childhood Education Quality Preventative Healthcare Growing a Business / Building a Career Having a Child