If there were a mandate to invest in companies with founders who had certain attributes, it would be the most literal possible tokenization of those people, as their companies would be traded among investors as compliance credits. Let me be the first to set up a superpac hedge fund that runs a secondary over the counter market for these shares that takes institutional money in VC firms and puts it into an opaque portfolio of these companies in exchange for a compliance blessing. It's so brilliant, the only real problem I have is what to name the polycule.
Given the investors need exposure to them for their portfolio compliance, it creates the incentive within the company to actually do nothing from a growth and product perspective, and just loot whatever investment money investors were trying to throw at them to achieve their own mandates.
Not only would it reinforce prejudices against people with said attributes because they have been set up to fail and actively rewarded for being corrupt with the investor money, it creates a layer of politically controlled front companies who effectively tax venture portfolios without any accountability for where the money goes. The data is all you need to create a de-facto private tax system with a political party as the beneficiary. This scheme has nothing to do with diversity.