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 abandons DEI rule, saying it has ‘served its purpose’
Goldman Sachs has ended a ban on underwriting companies with all-white, all-male boards, becoming the latest corporate giant to scale back a DEI initiative.
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 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.
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 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 ditches diversity rule that excluded white men
The vice chair of Goldman Sachs has announced the bank has axed a diversity rule which excludes white men. As a result of legal challenges and political scrutiny, the bank has dropped its IPO board diversity requirement entirely,
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 ...
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 ...
Which US companies are pulling back on diversity initiatives?
A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that ...
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 ...
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 ...
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 ...