By Colin Kellaher 



  Constellation Brands Inc. Monday said it plans to invest $100 million over 10 years in Black- and minority-owned businesses to an effort to improve representation in the beverage alcohol industry. 


  The Victor, N.Y., beer and spirits company said the move is part of a comprehensive effort to advance social justice and help eliminate systemic racism. 


  Constellation said its corporate venture capital group, will invest $100 million in African American/Black and minority-owned businesses in the beverage alcohol space and adjacent categories by 2030. 


  The company noted that a similar effort aimed at businesses owned by women has increased the venture group's portfolio mix to 50% female-owned from 20%. 


  Constellation said its new social-justice action plan also includes a review of its recruitment, hiring and talent-development practices, and a $1 million contribution to the Equal Justice Initiative. 


  Write to Colin Kellaher at colin.kellaher@wsj.com