Georgia Power Announces $75 Million Investment in Racial Equity & Social Justice Efforts
Tuesday, May 25th, 2021
Georgia Power today announced the company and the Georgia Power Foundation are committing to invest $15 million annually from 2021-2025, $75 million over the five-year period, to help advance racial equity and social justice efforts in Georgia. The social justice funding supports initiatives focused on education equity, criminal justice and economic empowerment. The company’s investment is a part of the commitment by Southern Company, Georgia Power’s parent company, and its charitable foundations to invest a combined $200 million over five years in community investments to support these efforts.
“At Georgia Power, we’re standing with our communities as, together, we tackle systemic equity issues across our state,” said Chris Womack, president of Georgia Power. “This financial investment and our commitment to mentoring, while just a part of our overall equity efforts, are so incredibly critical because they’re one way we can make a real impact in distressed and disadvantaged communities. Through them we can support and partner with organizations that assist with education equity, criminal justice and economic empowerment, as well as build personal relationships with kids now that can help shape Georgia’s future leaders.”
Georgia Power’s $75 million commitment will be distributed through strategic, focused investments in:
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Education equality – direct community investments, scholarships for underrepresented groups and investment in Historically Black Colleges and Universities. We also will commit to providing 250 employee mentors within the communities we serve.
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Criminal justice organizations – working to lower criminalization rates, support transition and re-entry into society, create prearrest diversion options and reduce racial profiling.
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Economic empowerment – Through grants and impact investments, invest in communities to build social and economic opportunity for Black-owned businesses and individuals and to create a just transition as we seek a net-zero carbon future.
Mentoring Initiative