Goldman Sachs has dropped 'Black' from its diversity pledge and rebranded 'Black In Business' as a profit initiative.
Goldman Sachs made these changes apparently to minimize exposure amid scrutiny of diversity, equity, and inclusion efforts.
Changes in terminology by Goldman Sachs do not avoid scrutiny as photos and reports still feature Black women.
Goldman Sachs' One Million Black Women initiative has been revised to encompass low- and moderate-income populations and has faced criticism for changes impacting Black nonprofits.