Goldman Sachs Group (GS) and MetLife agreed to provide to the public “meaningful disclosure” of the race and gender of their workforce “across major job categories,” according to John Liu, New York City comptroller.
Mr. Liu had requested the companies make the disclosure, acting on behalf the five New York City pension funds for which he is investment adviser, trustee and custodian. The pension funds have aggregate assets of $118.5 billion. The pension funds own a total of 1.24 million shares of Goldman Sachs and 2.34 million shares of MetLife.
“Both companies will provide annual disclosure of their workforce demographics beginning later this spring,” said a news release issued Monday by Mr. Liu. “Goldman Sachs will disclose the data in its upcoming Environmental, Social and Governance Report, which will be available on its website in June, and MetLife will publish the data to the relevant page of its website.”
“We believe that Goldman has made significant strides on improving the diversity of our workforce, and we are committed to doing even better going forward,” Jake Siewert, a Goldman Sachs spokesman, said in Mr. Liu's news release. Mr. Siewert could not be reached for additional comment.
“A diverse and inclusive workforce has been an ongoing focus for MetLife, and we have made steady progress over the years,” Frans Hijkoop, MetLife executive vice president, human resources, said in the release. “We are pleased to support the comptroller in his efforts to create more transparency around this important topic.” Calls to MetLife media representatives were not returned by press time.