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Goldman Sachs ends IPO diversity policy

Hosted on MSN · 7h

The end of Goldman’s IPO diversity rule abandons one of the business world’s most powerful levers for diversity

In 2020, Goldman Sachs made a big splash by declaring the bank would refuse to take a company public if the business didn't have at least one board member considered "diverse" in some way—later upped to two.

Bloomberg L.P. · 1d

Goldman Sachs Abandons IPO Diversity Pledge With US DEI Goals Under Fire

Goldman Sachs Group Inc. is killing a significant pledge it made to refuse initial public offering business with companies that had all White, male boards.

moneycontrol.com · 21h

Goldman Sachs drops IPO diversity requirement amid legal and political scrutiny

Goldman Sachs has dropped its IPO board diversity requirement due to legal challenges and political scrutiny, though it will continue encouraging diverse leadership, The Financial Times reports.

NBC Los Angeles38m

Which US companies are pulling back on diversity initiatives?

DEI policies typically are intended to root out systemic barriers to the advancement of historically marginalized groups in ...

Financial Titan Scrapping Policy That Said Company Wouldn’t Take Businesses Public That Had All White, Male Boards

Goldman Sachs Group Inc. is scrapping a pledge it made to refuse initial public offering (IPO) business from companies that ...

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