Society & Community Sustainable Development Policies & Frameworks Financing for Sustainability

Goldman pledges $750 billion for ‘large opportunities’ in sustainable finance

Financing for Sustainability

Summary

Goldman Sachs plans to spend $750 billion over the next decade financing companies & themes focused on climate transition and inclusive growth.

Perspectives and insights

  • ESG investing (investing that takes into account environmental, social and governance factors) — now accounts for more than $30 trillion worldwide in assets under management.
  • But as momentum builds behind ESG investing, so too do calls for greater clarity over the precise meaning of an ESG mandate.