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 44 is higher than 95% 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 10,000,000 kg CO2e from Scope 2 emissions, with the majority of emissions arising 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 reported emissions data consistently, with a notable increase in total emissions from 45,465,000 kg CO2e in 2021 to the current figure in 2023. Goldman Sachs has not established specific science-based targets for emissions reduction, nor have they made formal climate pledges. However, they continue to monitor and report their emissions across Scopes 1, 2, and 3, indicating an awareness of their environmental impact and a commitment to transparency in sustainability reporting. Overall, while the firm has not set explicit reduction targets, its ongoing emissions tracking reflects an engagement with climate-related issues within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 committed to some 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.
