Goldman Sachs
Goldman Sachs Group, Inc., commonly referred to as Goldman Sachs, is a leading global investment banking, securities, and investment management firm headquartered in the United States. Founded in 1869, the firm has established a strong presence in major financial hubs, including New York, London, and Tokyo, serving a diverse clientele ranging from corporations to governments. Goldman Sachs operates primarily in the financial services industry, offering a wide array of products and services, including investment banking, asset management, and securities trading. Its unique approach combines innovative financial solutions with deep market insights, positioning the firm as a trusted advisor in complex financial transactions. With a rich history marked by key milestones, Goldman Sachs has consistently maintained a strong market position, recognised for its expertise and commitment to excellence. The firm’s notable achievements include its role in significant IPOs and mergers, solidifying its reputation as a leader in the global financial landscape.
DitchCarbon Score
How does Goldman Sachs's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Goldman Sachs's score of 38 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Goldman Sachs's reported carbon emissions
In 2023, Goldman Sachs reported total carbon emissions of approximately 103,009,000 kg CO2e. This figure includes 92,000 kg CO2e from Scope 1 emissions and 9,252,000 kg CO2e from Scope 2 emissions, with the majority of emissions stemming from Scope 3, specifically business travel, which accounted for about 79,915,000 kg CO2e. Over the years, Goldman Sachs has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets have not been disclosed. The company has been actively reporting its emissions across various scopes, including Scope 1, 2, and 3, indicating a comprehensive approach to understanding and managing its environmental impact. Despite the absence of formal reduction targets, Goldman Sachs continues to engage in sustainability initiatives aimed at mitigating climate change effects, aligning with industry standards for corporate responsibility. The firm’s emissions intensity metrics, such as those related to revenue and employee occupancy, reflect ongoing efforts to improve efficiency and reduce overall emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,915,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000 | 00,000 |
| Scope 2 | 200,858,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Goldman Sachs is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
