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The Guardian - US
The Guardian - US
Business
Lauren Aratani

As Wall Street pulls away from DEI, Goldman Sachs backs Black women: ‘Our commitment is strong’

Goldman Sachs Diversity Fearless Fund
Smiling woman wearing grey suit looks at someone with tables, a computer and chairs in the back
Goldman Sachs also launched a public policy arm of its initiative, aimed at sharing data about the barriers to economic mobility Black women face. Photograph: Thomas Barwick/Getty Images

At a time when conservative legal activists are targeting diversity measures in corporate America, Goldman Sachs has announced it is expanding a component of one of its philanthropic equity programs.

The One Million Black Women initiative, a program the company started in 2021, aims to dedicate $10bn in investment and $100m in philanthropic spending to address racial and gender inequality over the course of 10 years.

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