Goldman Sachs

Goldman Sachs's reported carbon emissions

Goldman Sachs, a US-based financial intermediation services provider, is committed to reducing its environmental impact. For the fiscal year 2024, the company reported Scope 1 and Scope 2 emissions. While specific absolute figures for 2024 are not fully detailed in the provided data, preliminary data indicates Scope 1 emissions were approximately 103,000 kg CO2e and Scope 2 (location-based) emissions were approximately 831,000 kg CO2e. In 2023, Goldman Sachs reported total Scope 1 emissions of approximately 13,842,000 kg CO2e and Scope 2 (market-based) emissions of approximately 9,252,000 kg CO2e. Scope 3 emissions from business travel were approximately 79,915,000 kg CO2e for the same year. The total combined Scope 1 and 2 emissions using the market-based approach were approximately 23,094,000 kg CO2e. Goldman Sachs has set ambitious climate targets, including a commitment to achieve net zero carbon emissions in its operations and supply chain by 2030. Additionally, the company aims to reduce its Scope 1 and Scope 2 emissions by 50% by 2025 from a 2020 baseline. Further, it has a long-term commitment aligned with the Paris Agreement goals, aiming for net zero by 2050. The firm also reported reductions in energy intensity for its facilities. For instance, it targeted a 20% reduction in energy intensity from a 2017 baseline for offices under its operational control by 2025.