Colgate to Maintain Diversity Criteria for Board Selection Amid Industry Changes

Colgate has informed a conservative shareholder group of its commitment to continue using race, gender, and sexual orientation as criteria for selecting future board members. Bloomberg posted on X that this decision comes as other major companies, including Goldman Sachs and American Express, indicate plans to abandon such practices. Colgate's stance highlights its dedication to diversity in leadership, contrasting with the shifting approaches of other industry giants.