Board Diversity Initiative

 

At Goldman Sachs, we believe that companies with diverse boards of directors are better positioned for stronger financial performance and improved governance.
 

In 2020, we announced that we would only take a company public in the US or Western Europe if it had at least one diverse board member. Starting in July 2021, we are increasing this requirement to two diverse board members, one of which must be a woman. 
 

We are proud to make this commitment—and encouraged to know that this policy is enabling companies to be even more successful.

 

 

 


 

Corporate Board Engagement – Supporting Our Clients and Diverse Talent


Goldman Sachs has a team dedicated to helping clients access diverse pools of board talent. The Corporate Board Engagement team leverages the full breadth of the firm’s network to facilitate connections between clients and exceptional board candidates.

Board diversity is increasingly important to all our clients, from early stage private companies to established public companies, and our Corporate Board Engagement team engages across our entire client franchise to help source board talent. With this offering, we are able to broaden the scale of the initiative for even greater impact on our board diversity efforts.

Since July 2020, when our board diversity policy went into effect, we have worked with hundreds of clients and placed a number of diverse board candidates on corporate boards. We are encouraged by the momentum of our efforts and recognize there is much more progress to be made.