Banking giant drops policy pushing for board diversity, while major consultant tells staff to ditch pronouns in email

Goldman Sachs and Deloitte have become the latest corporate giants to redraw policies in the face of Donald Trump’s anti-diversity drive.

The banking giant has scrapped a policy meant to encourage diversity on the boards of companies that it takes public. Under the 2020 policy, Goldman had stated that it would only take on a company’s initial public offering if the company had at least one board member from a diverse background.