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Fortune

Chris Morris

The company that commissioned Wall Street's 'Fearless Girl' statue radically adjusts diversity policies for its index funds

Diversity Index Fund State Street

(Credit: ANGELA WEISS/AFP via Getty Images)

The financial institution that commissioned the popular Fearless Girl statue is seemingly backing off its diversity requirements. State Street will no longer require companies in its index fund to have women make up 30% of the board. It’s the latest of many companies walking back DEI programs.

The company behind a popular statue that came to stand for gender diversity in the workplace has seemingly retreated from its previous diversity requirements.

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