Say what you will about Goldman Sachs, the company goes with the current. So when it starts to renege on DEI (Diversity, Equality and Inclusion) initiatives, we should, I think, take note. Previously the firm’s policy had been only to take to market companies which had two ethnic minority board members, one of them a woman; now it’s dropping that requirement. One reason, says the company, is that it’s job done; boards are already sufficiently diverse so their diktat isn’t needed to bring about change. It must have been an interesting time to be an ethnic minority female corporate bigwig, being chased by umpteen companies to diversify their boards.
America is joyfully following Donald Trump’s lead. Will the UK follow suit?
