'Not a flash in the pan': Sundial Brands CEO Cara Sabin on supporting founders of color

Cara Sabin joined Sundial Brands as its CEO last December. That was when the coronavirus pandemic was a regional story rather than a global one, and before months of social unrest would renew the challenge for companies to hire and serve diverse groups. "We are so fully in support of these conversations around supporting Black founders and businesses," Sabin said on the Glossy Beauty Podcast. "At SheaMoisture, we developed what we call a 'Shea List' -- a listing of over 100 businesses that we admire, first and foremost, but that we've also personally invested in to help cultivate and help them grow." SheaMoisture also announced a $1 million fund for founders of color. In addition to SheaMoisture, Sundial's brands include Nubian Heritage, Madam C.J. Walker and Nyakio. Sundial Brands was acquired by Unilever in 2017. One brand Sundial Brands recently partnered with is Brown Girl Jane, which was founded by three Black women. "Through that partnership, we're encouraging consumers to take the 'Brown Girl Swap' pledge, where they take five of their existing beauty products and swap them for products that are founded by Black women," Sabin said.