Public Profile

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 New York City. Established in 1869, the company has evolved significantly, marking key milestones such as its initial public offering in 1999 and the expansion of its asset management division. Operating in major financial hubs across North America, Europe, and Asia, Goldman Sachs offers a diverse range of services, including mergers and acquisitions advisory, underwriting, and wealth management. Its unique approach combines innovative financial solutions with deep industry expertise, positioning the firm as a trusted partner for clients worldwide. Recognised for its market leadership, Goldman Sachs consistently ranks among the top investment banks, reflecting its commitment to excellence and client service in the competitive 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.

37

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.

29

Industry Benchmark

Goldman Sachs's score of 37 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Goldman Sachs's reported carbon emissions

In 2023, Goldman Sachs reported total carbon emissions of approximately 103,009 tonnes CO2e. This figure includes about 92 tonnes from Scope 1 emissions, primarily from stationary combustion, and approximately 9,252 tonnes from Scope 2 emissions, which encompass purchased electricity. The company also recorded significant Scope 3 emissions, notably around 79,915 tonnes attributed to business travel. Goldman Sachs has made various climate commitments, although specific reduction targets were not detailed in the provided data. The firm has been actively participating in initiatives to enhance its sustainability practices, as evidenced by its high scores in the CDP (formerly Carbon Disclosure Project) assessments, achieving an "A" rating in recent years. This reflects a strong commitment to transparency and climate action. The company continues to focus on reducing its carbon footprint and improving its sustainability performance, aligning with industry standards and expectations for corporate responsibility in addressing climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
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
00,000,000
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
00,000,000
0,000,000
0,000,000
00,000,000
0,000
0,000,000
Scope 3
-
-
-
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Goldman Sachs's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Goldman Sachs is headquartered in US, which has a rank of medium, indicating medium grid carbon 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers