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Corporate Diversity

All articles tagged with #corporate diversity

Goldman Sachs Ends Diversity Investment Program After Meeting $1 Billion Goal

Originally Published 2 years ago — by Fortune

Goldman Sachs has quietly ended its Launch With GS diversity investment program after meeting its $1 billion pledge to fund companies led by women and people of color. The bank has shifted its focus to the One Million Black Women initiative, which aims to provide $10 billion in investment capital and $100 million in philanthropic aid. The decision comes amid a period of change for the bank and corporate diversity programs, with challenges in fundraising for founders and emerging managers, especially women and people of color.

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"Corporate America's Retreat from DEI Commitments Amid Growing Backlash"

Originally Published 2 years ago — by The New York Times

Claudine Gay's resignation as Harvard president has sparked a broader debate on diversity, equity, and inclusion (DEI) policies in academia and the corporate world. While some detractors, like billionaire Bill Ackman, criticize DEI as discriminatory, others, including Mark Cuban, defend its principles as beneficial for business. The controversy highlights a cultural shift and generational change in leadership at top institutions. Meanwhile, other university leaders and corporate figures are also navigating the complexities of DEI initiatives and their implications for governance and business practices.

business business-and-economy business-and-economy claudine-gay corporate-diversity dei-policies harvard-university resignation