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 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.

40

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.

26

Industry Benchmark

Goldman Sachs's score of 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

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 9,252,000 kg CO2e from Scope 2 emissions, with the majority of emissions stemming from Scope 3, specifically business travel, which accounted for about 79,915,000 kg CO2e. Goldman Sachs has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, they have committed to sustainability practices and transparency in their emissions reporting. The firm continues to engage in efforts to enhance their sustainability profile, although detailed reduction strategies or targets have not been specified. Overall, Goldman Sachs's emissions data reflects their ongoing commitment to addressing climate change, despite the absence of formal reduction targets.

Unlock detailed emissions data

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

2005200620072008200920102017201820192020202120222023
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

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 low, indicating low 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 not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
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