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businessinsider - 19 days ago

Read the memo Goldman Sachs just sent to its employees unveiling a new pronouns initiative

Goldman Sachs unveiled a new pronouns initiative today, giving employees a variety of options to use official bank communications to share their self-identified pronouns. The optional policy was launched in recognition of Transgender Day of Remembrance, according to a memo sent to the firm s 38,000 employees today. See below for the full text of the memo. Click here for more BI Prime stories. Goldman Sachs is embracing the discussion around gender identity with a new initiative that gives employees a choice to identify themselves by their pronouns. The Wall Street bank has enacted a multi-faceted initiative, to be rolled out in one stage beginning immediately and adding elements over time, according to a memo sent to all employees today and viewed by Business Insider. That move is part of broader changes across Goldman. The firm will also update the 14 business principles that have guided it since 1979, add new webpages explaining the use of pronouns and why people should be thinking about gender identity, and create new ways by which employees can proactively share their self-identified pronouns, such as in an e-mail signature. CEO David Solomon has made diversity a key part of his first 13 months in the top job, and the bank has already committed to ensuring that its incoming analyst class for 2021 is evenly split between men and women. The bank s top ranks largely consist, as they do across Wall Street, of white men. Read the full text of the memo below. In recognition of Transgender Day of Remembrance, observed this week around the world, we are pleased to introduce a global initiative focused on increasing awareness of the variety of pronouns by which people identify. Few things are more personal than how people address us, and using a person s self-identified pronouns (e.g., he/his/him, she/her/hers, they/them/their) is an important way to show respect.

Many of you read the recent piece from one of our Goldman Sachs colleagues sharing their gender identity we encourage all of our colleagues to bring their authentic selves to work, and are committed to ensuring that we continue to sustain and enhance our culture of inclusion. As part of the firm s pronouns initiative, we are introducing ways for anyone who wishes to do so to proactively share their pronouns (e.g., e-mail signatures, with additional methods to be made available over time).

We encourage you to learn more about the firm s pronouns initiative to see what small changes you can make in your day-to-day interactions with colleagues to ensure everyone in our community feels welcome and valued.

Please contact the LGBT+ Diversity and Inclusion team liaisons with any questions.
Gwen Libstag and Liz Martin
Co-chairs, Global Diversity Committee SEE ALSO: A new Goldman Sachs tech exec hired from Amazon is taking a page from the Jeff Bezos playbook by urging engineers to ditch PowerPoint and write memos Join the conversation about this story NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here s how the company makes money.


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