Goldman Sachs is preparing to eliminate race, gender identity, sexual orientation, and other diversity-related factors from the criteria its board uses to assess prospective candidates, The Wall Street Journal reported on Monday,

Goldman Sachs Group Inc. is planning to remove diversity criteria from factors considered in identifying potential board candidates, according to a person familiar with the matter.

The second-largest investment bank in the United States is set to remove race, gender identity, ethnicity and sexual orientation as criteria to weigh applicants.

Goldman Sachs (GS) last year dropped its commitment to enforce board diversity for clients going public, and now, according to the Wall Street Journal, it plans to remove diversity requirements for its board as well.