Factbox: Corporations pledge $1.7 billion to address racism, injustice

(Reuters) – Corporations have pledged more than $1.7 billion for racial and social justice causes amid worldwide protests over the death of George Floyd, an African-American man who died after a Minneapolis police officer pressed a knee into his neck.

Companies in the United States and across the globe have announced donations to nonprofit organizations and pledged money for internal company programs. In some cases, the companies have not yet disclosed how the money will be spent.

Here is a list of companies and their pledges:

Alphabet Inc’s Google

$12 million

Google CEO Sundar Pichai wrote in a letter here that the company would give $12 million to organizations working to address racial inequalities. Alphabet unit YouTube will also donate $1 million.

Amazon.com Inc

$10 million

The world’s largest online retailer announced here that the funds would go to 10 organizations including the ACLU Foundation, Brennan Center for Justice, National Bar Association, Black Lives Matter and the NAACP.

Bank of America Corp

$1 billion

CEO Brian Moynihan said here the four-year commitment aims to help communities across the country address economic and racial inequality.

Cisco Systems Inc

$5 million

CEO Chuck Robbins tweeted here that the Equal Justice Initiative, Legal Defense Fund, Black Lives Matter and other groups would receive funds.

Coca Cola Co

$2.5 million

The Coca-Cola Foundation’s grants here will go to the Equal Justice Initiative, the NAACP Legal Defense Fund and the National Center for Civil and Human Rights.

Comcast Corp

$100 million

The U.S. media giant announced here it will allocate $75 million in cash – to organizations including the National Urban League, the Equal Justice Initiative, and the NAACP – and $25 million in media over the next three years.

Electronic Arts Inc

$1 million

The gaming company said here it would fund organizations such as the Equal Justice Initiative, the NAACP Legal Defense and Educational Fund.

Facebook Inc

$10 million

CEO Mark Zuckerberg said in a Facebook post here that the social networking giant is working with its civil rights advisors and employees to identify organizations locally and nationally that could use the funds.

Home Depot Inc

$1 million

The home improvement retailer said here it would contribute $1 million to the Lawyers Committee for Civil Rights Under Law.

Intel Corp

$1 million

The chipmaker said here it would support non