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Goldman Sachs Eyes Diversity Criteria Overhaul
17 Feb
Summary
- Goldman Sachs may remove diversity factors from board candidate reviews.
- Race and gender identity could be excluded from evaluations.
- The potential change was reported by The Wall Street Journal.
Goldman Sachs is reportedly considering a significant change to its board candidate evaluation process. The financial institution is preparing to remove diversity factors, including race, gender identity, and sexual orientation, from the criteria used to assess potential board members. This development was highlighted in a recent report by The Wall Street Journal, citing individuals familiar with the matter.
The potential revision signals a notable shift in how Goldman Sachs approaches leadership selection. Historically, diversity has been an important consideration in corporate governance. However, the reported internal review suggests a re-evaluation of these priorities, focusing instead on other attributes for board candidates.
This news comes as the corporate world continues to navigate discussions around diversity, equity, and inclusion. The specific implications of Goldman Sachs' potential move on its broader diversity strategies remain to be seen. Reuters could not immediately verify the details of the report.
