Goldman Sachs

Goldman Sachs, a US-based financial intermediation services company, reported total Scope 1 and 2 emissions of approximately 934,000 kg CO2e in 2024. In 2023, the firm's Scope 1 emissions were 13,842,000 kg CO2e and its location-based Scope 2 emissions were 155,105,000 kg CO2e. Business travel, a component of Scope 3 emissions, amounted to 79,915,000 kg CO2e in 2023.

Goldman Sachs is committed to achieving net-zero carbon emissions in its operations and supply chain by 2030, with a long-term commitment to aligning its business with a net-zero by 2050 pathway. The company aims to reduce its Scope 1 and Scope 2 emissions by 50% by 2025, using a 2020 baseline. Additionally, the firm targets a 20% reduction in energy intensity across its operationally controlled facilities by 2025, with a 2019 baseline for Scope 1 and Scope 2. In the energy sector, Goldman Sachs aims for a 17-22% reduction in emissions intensity by 2030 from a 2019 baseline. For the power sector, a 48-65% reduction in emissions intensity is targeted by 2030, also from a 2019 baseline. Historically, the company aimed to reduce absolute Scope 1 and 2 office emissions by 7% below a 2005 baseline by 2012.

All reported emissions data and reduction initiatives are directly from Goldman Sachs, with no cascaded information from parent or related organisations.