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.
Goldman Sachs Ends Diversity Board Push for IPOS
Goldman Sachs is ending its policy that mandated companies have a diverse board for the bank to take them public. The rule, a version of which was implemented in 2020, had said the bank would only underwrite the initial public offerings for companies in the U.
Goldman Sachs drops its diversity rule, stating it has achieved its goal of fostering diverse boards
Goldman Sachs drops its diversity policy for advising boards, citing progress in corporate behavior and diversity.
Goldman Kills 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.
Goldman Sachs and Deloitte roll back diversity initiatives amid US political pressure
Goldman Sachs and Deloitte are the latest corporate giants to scale back diversity policies amid US political pressure. Find out why companies are retreating from DEI commitments.
Goldman Sachs abandons IPO board diversity pledge
Goldman Sachs has abandoned a pledge to only take public companies with a certain number of diverse board members, underscoring the increasingly harsh environment in the US around diversity programmes.
Goldman Sachs ends IPO diversity pledge, Bloomberg reports
Goldman Sachs (GS) is ending the pledge it made to refuse IPO business with companies that had all White, male boards, Bloomberg’s Sridhar
Goldman Sachs Axes Diversity Requirement For Company Boards—Here Are All The Companies Rolling Back DEI
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.
Goldman Sachs ends board diversity requirements for U.S. and Europe IPOs
CNBC's Andrew Ross Sorkin reports on the latest news.
Why Goldman Sachs dropped its DEI requirement from IPOs
Goldman Sachs has ended its policy requiring IPO clients to have diverse boards, citing a legal ruling that ended a similar initiative at the Nasdaq.
Goldman Sachs cancels DEI requirement for IPO companies
Goldman Sachs is canceling a pledge to ensure diversity on the boards of companies it helps go public. Why it matters: It's the latest corporate rollback of diversity, equity and inclusion initiatives following conservative blowback and a series of court rulings calling certain quotas into question.
Goldman axes diversity rule that has 'served purpose'
The bank ditches a policy that stopped it acting on flotations for firms with an all male, all white board.
Wall Street Talked Endlessly About Diversity. Trump Ended That.
Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial ...
McKinsey champions diversity while rivals abandon targets
McKinsey and Co. pledged to prioritize diversity across its workforce, despite US Trump ordering his government to push ...