Goldman Sachs ends IPO diversity policy

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 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 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 ends IPO diversity policy citing legal developments
Goldman Sachs cancelled a four-year-old policy to only take public companies that had two diverse board members, a spokesperson for the bank said on Tuesday, in the latest such move by corporations expecting greater scrutiny on social policies from U.
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 continue encouraging diverse leadership, The Financial Times reports.
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 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 will no longer ban companies with all White boards from IPO services
Goldman Sachs will no longer bar companies with all White boards from receiving IPO services as business after business drops DEI in the wake of Trump's executive orders.
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 Abandons IPO Diversity Pledge With DEI Goals Under Fire
The pledge was made at a time when much of corporate America was swept up in the fervor to champion diversity.
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.
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 ...
The Banker1d
Goldman ends IPO diversity policy; Close Brothers sets aside £165mn for car finance scandal
In March last year, Close Brothers suspended its dividend payments and launched a £400mn capitalisation plan after the FCA began examining the potential for mis-selling in historic car finance ...