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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2005 | 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 |
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.