CSR Initiatives
Goldman Sachs is actively engaged in several CSR initiatives in India, focusing on areas such as women's empowerment, education, healthcare, and environmental sustainability. Here are some key projects and collaborations:
10,000 Women Initiative:
Objective: Empowering women entrepreneurs by providing them with business education, mentoring, and networking opportunities.
Collaborations: Indian Institute of Management Bangalore (IIM-Bangalore) to deliver the program across various regions.
Impact: Over 1,600 women entrepreneurs in India have benefited from this initiative (Business India).
Community Team Works (CTW):
Objective: Engaging Goldman Sachs employees in volunteering activities to support local communities.
Activities: Virtual volunteering projects during the pandemic, including mentoring small business owners and helping homebound students (Business India).
COVID-19 Relief Efforts:
Objective: Providing critical relief to vulnerable communities during the pandemic.
Collaborations: Akshaya Patra Foundation, Goonj, Pratham, Rotary Bangalore West Trust.
Impact: Distribution of 590,000 cooked meals and 35,500 dry ration kits to migrant laborers and daily-wage earners across several states (Business India).
Environmental Sustainability Initiatives:
Projects: Planting 10,000 trees in Bengaluru to support afforestation and reduce carbon footprint. Introduction of 150 electric vehicles for employee transport and free shuttle bus services to reduce traffic congestion.
Collaborations: Bruhat Bengaluru Mahanagara Palike (BBMP) for maintaining trees around Sadaramangala Lake, Chikkabanahalli Lake, and Hoodi Lake (India CSR).
DEI Initiatives
Goldman Sachs is committed to fostering diversity, equity, and inclusion within its workforce. Here are some notable DEI initiatives:
Women’s Empowerment Programs:
Initiative: Promoting gender diversity through leadership programs and career development opportunities for women.
Collaborations: Partnerships with organizations and internal initiatives to enhance women's representation in leadership roles (Business India).
LGBTQ+ Inclusion:
Policy: Implementing inclusive policies and creating a supportive environment for LGBTQ+ employees.
Programs: Employee resource groups and training sessions to raise awareness and foster inclusivity (Business India).
Disability Inclusion:
Objective: Ensuring workplace accessibility and creating job opportunities for persons with disabilities.
Collaborations: Working with various NGOs and accessibility consultants to implement best practices (Business India).
Cultural and Ethnic Diversity:
Initiative: Promoting a diverse and inclusive work environment through cultural awareness programs and diverse hiring practices.
Programs: Training and workshops to educate employees about cultural sensitivity and inclusivity (Business India).
Gender workforce ratio
Goldman sachs Gender Workforce Ratio:
Women : 42.2
Men : 57.8