Goldman's Anadu on Ethnic and Gender Diversity in the Workplace

Goldman Sachs Asset Management emphasizes the importance of board diversity for improved performance and sustainability. They use proxy voting to enforce diversity standards, requiring companies to have diverse board members. This approach has shown positive results, with increased gender and ethnic diversity leading to better financial outcomes. The focus is on performance benefits rather than moral obligations, with evidence supporting higher returns and innovation from diverse teams.

What evidence does Goldman Sachs provide to support the claim that diversity leads to better performance?

What is the significance of Goldman Sachs voting against companies without female board members?

How does Goldman Sachs plan to enhance board diversity in the upcoming year?

In what ways does Goldman Sachs engage with companies regarding their diversity policies?

What are the broader societal benefits of having a diverse management team, according to Goldman Sachs?