Goldman Sachs Board Abolishes DEI Committee, Ending 2021 Initiative
MSMS•
Goldman Sachs board voted to dissolve its diversity, equity and inclusion oversight committee effective immediately, reversing a policy established in 2021. The decision removes a formal mechanism for tracking workforce demographic targets and could alter talent acquisition and retention practices at the firm.
1. Board Eliminates DEI Oversight Committee
Goldman Sachs’ board has voted to disband its diversity, equity and inclusion oversight committee, a group launched in 2021 to monitor executive diversity metrics. The move ends formal oversight of DEI goals and may lead to shifts in the firm’s hiring practices, internal reporting and employee engagement efforts.
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