Goldman Sachs

Goldman Sachs, a US-based financial intermediation services company, reported approximately 168,947,000 kg CO2e for Scope 1 and 2 emissions in 2023, utilising the location-based method. Scope 1 emissions for the same year were approximately 13,842,000 kg CO2e, while Scope 3 emissions, specifically business travel, amounted to approximately 79,915,000 kg CO2e.

In 2024, the company's Scope 1 emissions were approximately 103,000 kg CO2e, with Scope 2 emissions totalling approximately 831,000 kg CO2e. Business travel accounted for approximately 3,866,000 kg CO2e in Scope 3 emissions for 2024.

Goldman Sachs is committed to achieving net zero carbon emissions in its operations and supply chain by 2030. Furthermore, the company aims to reduce its Scope 1 and Scope 2 emissions by 50% by 2025 from a 2020 baseline. They also have a long-term commitment to align their business with a net zero pathway by 2050. Earlier targets included a 10% reduction in absolute emissions from a 2013 baseline by 2020. In line with these commitments, they previously aimed to reduce Scope 1 and 2 office emissions by 7% by 2012 from a 2005 baseline. Goldman Sachs also has initiatives to reduce energy and water intensity in its facilities.