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 51 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Goldman Sachs's reported carbon emissions
In 2023, Goldman Sachs reported total carbon emissions of approximately 103,009,000 kg CO2e, with Scope 1 emissions at about 92,000 kg CO2e and Scope 2 emissions at approximately 9,252,000 kg CO2e. The majority of their emissions stem from Scope 3, particularly business travel, which accounted for about 79,915,000 kg CO2e. In 2022, their total emissions were approximately 83,933,000 kg CO2e, indicating a significant increase in emissions year-on-year. Goldman Sachs has set a long-term commitment to achieve net zero carbon emissions by 2050. This ambitious target necessitates a substantial increase in investments, estimated at $2 to $3 trillion annually in low-carbon infrastructure throughout the 2030s. The firm has not disclosed specific short-term reduction targets but is actively working towards its long-term climate goals across all scopes of emissions. Overall, Goldman Sachs's climate commitments reflect a strategic approach to addressing carbon emissions, with a focus on substantial investment in sustainable infrastructure to meet their net zero target.
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 participating in some of the initiatives that 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.
