Updated: Jan. 19, 2023
Our goal is to be the most complete and inclusive financial education and news outlet online. Over the last three years, we have sought to address the unique challenges faced by the Black, Indigenous, or People of Color (BIPOC) within financial systems, and to examine our approach to content closely to ensure we are a fully inclusive financial resource. Ultimately, we want our content, staff, contributors, and partner organizations to reflect all ethnicities, genders, generations, sexual orientations, abilities, and socioeconomic backgrounds. We also want our content to help all people and honestly reflect how bias and institutional racism impact the financial sector. There is more work to do to achieve these goals. This year we have rededicated ourselves to the following pledge.
People: Expand the Diversity of Voices
A diverse group of people working at Investopedia is essential to us being the most complete and inclusive financial education and news resource. We will continue to improve our recruiting and talent-sourcing efforts to ensure equality of opportunity for roles at Investopedia. The outcome that we expect to see, over time, will be represented in the makeup of our staff and contributors.
Our goal is to reach at least 40% BIPOC editorial contributors and staff, including at least 15% Black contributors and staff. We will communicate our progress regularly.
|Quarterly Goal Progress*|
|?||Q1 2022||Q2 2022||Q3 2022||Q4 2022||Q1 2023||Goal|
|?BIPOC||7%||7%||19%||19%||23%||At least 40%|
|?Black||14||11||13||8||9||At least 15%|
People: Continue Education for Contributors
As part of our ongoing internal education program for Investopedia staff and its contributors, the Dotdash Meredith Anti-Bias Review Board offers training workshops intending to educate ourselves about the challenges and experiences of Black, Indigenous, Latinx, and other communities. We hope these educational sessions can help us address those issues in our workplace and improve our content to better inform our readers. In 2023, we pledge to continue these lessons quarterly.
Content: Create Timeless, Inclusive Financial Content
Over the last two years, we have reviewed and updated 14,000 articles on Investopedia to be inclusive. In 2023, we will work with the Dotdash Meredith Anti-Bias Review Board to review all new educational articles on an ongoing basis to ensure it is inclusive and free of bias.
Community: Amplify Partner Organization's Efforts Toward Diversity and Inclusivity in Finance
Over the last three years, we formed partnerships with Wall Street Bound and Project Come-Up. These organizations address the effects of systemic and institutional racism by expanding career opportunities in finance and building financial literacy skills. We are working to give them a platform and resources to aid in those efforts. We will continue to partner with these organizations and lend our influence, voice, and reach to at least one other organization aimed at furthering diversity and inclusivity in the financial sector.
The Bottom Line
The work at Investopedia will evolve, and there is no progress without accountability. This is the continuation of a permanent and necessary shift in how we serve the financial community. We re-dedicate ourselves to the promise to be transparent about our progress and to update you regularly. We encourage our readers to share their thoughts and ideas for improvement by emailing us at [email protected].