Goldman Sachs to drop race, gender and LGBTQ+ criteria from board evaluations

The move follows pressure from an activist shareholder group seeking end to DEI requirements Goldman Sachs is removing race, gender and other diversity-related considerations when evaluating prospective candidates for its executive board after pressure from an activist shareholder group to remove the criteria. The National Legal and Policy Center (NLPC), a small Goldman shareholder, quietly submitted a request to the company last September asking the bank to eliminate its diversity, equity and inclusion (DEI) board criteria. Continue reading...

By Anna Betts