Goldman Sachs was one of the many companies in 2025 to roll back their DEI initiatives. The company halted a diversity requirement for companies it takes public, which required companies to have two diverse board members. It also dropped language highlighting “racial equity” and “gender equality” from its “diversity and inclusion” page on its website. And in a filing from February of last year, the bank noted its previously set five-year “aspirational and representation goals” were set to expire in 2025. The company also reportedly scrapped DEI criteria for its board in February.
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