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.
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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.