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Business and Product Insights
The key product feature of the Black Dollar Index is its rating system, which provides a score (0-100) reflecting a company's commitment to racial equity based on multiple factors. These factors include Black representation in the workforce (from entry-level to board level), supplier diversity programs and spend, DEI initiatives, community investments, and records of racial discrimination claims. The index also provides highlights and insights related to each company, such as notable DEI programs, partnerships, and any controversies or claims related to racial discrimination. BDI offers news, insights, and corporate data to empower consumers and promote corporate transparency.
Product Portfolio
Black Dollar Index
Black Dollar Index Key Value Propositions
The Black Dollar Index offers a unique service by providing racial equity ratings, enabling consumers to support companies aligned with their values and promoting economic empowerment within Black communities. It equips consumers with the data and insights needed to make informed purchasing decisions and foster corporate transparency.
Black Dollar Index Brand Positioning
Black Dollar Index (BDI) positions itself as a unique rating system empowering Black consumers to make informed, values-based purchasing decisions. It focuses on corporate transparency and accountability regarding racial equity, differentiating itself from general ESG ratings by specifically addressing the Black community's economic empowerment.
Top Competitors
Good Business Index
JUST Capital
MSCI ESG Ratings
Customer Sentiments
Customer sentiment is likely positive among Black consumers seeking to support companies committed to racial equity, though skepticism may exist regarding data validation and potential bias. The BDI's focus on empowering Black communities and promoting corporate transparency likely resonates well with its target audience.
Actionable Insights
Refine data validation processes and expand partnerships with Black-owned businesses to strengthen brand authority and broaden reach.
Products and Features
The key product feature of the Black Dollar Index is its rating system, which provides a score (0-100) reflecting a company's commitment to racial equity based on multiple factors. These factors include Black representation in the workforce (from entry-level to board level), supplier diversity programs and spend, DEI initiatives, community investments, and records of racial discrimination claims. The index also provides highlights and insights related to each company, such as notable DEI programs, partnerships, and any controversies or claims related to racial discrimination. BDI offers news, insights, and corporate data to empower consumers and promote corporate transparency.
Black Dollar Index - Product Description
Based on the limited information, 'Black Dollar Index' appears to be a platform, potentially designed to track and promote economic activity within the Black community. The intended function seems to involve measuring the impact of Black consumer spending and business growth. Due to the 'Not Acceptable!' status of the website, a full, accurate description is unachievable.
Pros
- Given the 'Not Acceptable!' status of the website, determining the product's pros is not possible
- If functional, such a platform could potentially empower the Black community through economic data and insights
- It might also encourage investment in Black-owned businesses.
Cons
- The provided URL leads to a 'Not Acceptable!' page, indicating a problem with the website
- Without a functioning website, it's impossible to evaluate the product's downsides
- This lack of accessibility is a significant drawback.
Alternatives
- Since the provided URL leads to a 'Not Acceptable!' page with no further information, identifying direct alternatives is impossible
- One could consider general financial literacy resources or budgeting tools as indirect substitutes
- Websites offering economic data and analysis could also serve as alternatives for those seeking similar information.
Company Updates
Latest Events at Black Dollar Index
The Official Website Of The Black Dollar Index (BDI) | Search ...
The Black Dollar Index (BDI), is a multi-factor scoring system that rates top ... More company profiles. More accountability. Coming soon. What's The Latest: News ...
View sourceNews & Insights - Black Dollar Index
Dec 21, 2024 ... The Black Dollar Index (BDI) is dedicated to upholding Black Excellence across all consumer-facing business sectors in the US.
View sourceBlack Dollar Index | LinkedIn
Black Dollar Index. Civic and Social Organizations. New York, NY 527 followers. Empowering the Black consumer through corporate transparency. We rate ...
View sourceThe Black Dollar Index (BDI) | Consumer Advocacy Group
Feb 2, 2021 ... CORPORATE SOCIAL RESPONSIBILITY: Hold corporations accountable ... SIGN-UP TO GET THE LATEST NEWS & UPDATES. Email address: Leave this ...
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