Skip to main content

Verizon Investing $10 Million in Social Justice Organizations

Saying that the protests and violence racking the country "are rooted in hate" and are "contradictory with our beliefs as a company," Verizon CEO Hans Vestberg indicated Monday the company would be putting money where it's mouth is. 

He said the company would be investing $10 million in social justice organizations, including the Urban League, NAACP and Rainbow/PUSH. 

"Verizon is fiercely committed to diversity and inclusion across all spectrums because it makes us and the world better," an obviously emotional Vestberg said Monday. "We cannot commit to a brand purpose of moving the world forward unless we are committed to helping ensure we move it forward for everyone.  

Vestberg said he wanted all the company's black employees to know that "they matter and they are valued." 

He said the Verizon Media news teams were putting themselves at risk to insure the accuracy of the stories they are reporting and the company was taking steps to keeping them safe.