There is systemic racism in the company and it's evident by looking at the racial makeup of the senior leadership team. One of the companies ten core values is to celebrate authenticity. But you're far more likely to be promoted if you're white or can effectively 'act white' at all times around other executives so they always feel comfortable. The company will use code words like 'culture fit' when assessing promotions and external hires and hidden behind that is making sure that the status quo isn't changed. The status quo is that 19 out of 20 senior executives is white.
To get promoted your accomplishments need to far exceed any white peers and you need spend tremendous energy to make sure all white leaders feel very comfortable with your presence, so avoid any confrontation, even healthy discussions.