Amid Widespread DEI Disinvestment Trend Goldman Sachs Ends Black Business Initiative—But It’s Not What You Think

By Jasmine Browley ·Updated January 15, 2024

One of the biggest financial DEI pledges to the Black community is now coming to an end.

Goldman Sachs announced its Launch initiative that focused on a $1 billion commitment to companies led, founded, and owned by women and people of color. Now, six years after it’s advent, the effort is being shuttered to focus on other worthy causes. The reason? They accomplished their goal.

Kimberly Wilson
Author: Kimberly Wilson

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