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Goldman to Vote Against Directors if Boards Lack Women


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Goldman Sachs Group Inc.’s fund-management unit wants a woman on every corporate board, and the Wall Street firm said it’s now willing to vote that way across the globe.

In a first-of-its-kind global policy, Goldman Sachs Asset Management said it will vote against nominating committees anywhere in the world that fail to include at least one woman on the board. In the U.S., more than 20% of corporate board members are women, so the policy may have a more significant impact in places like Japan where a much smaller percentage of companies have female directors.