Browsing tag

goldman sachs climate change

‘No Slowdown’ In Sustainable Finance: Goldman Sachs To Go Net-Zero By 2030

3 Mins Read Goldman Sachs has reaffirmed its sustainability commitments in a new pledge to reach carbon neutrality by the end of the decade. The investment banking giant says it will develop climate data, improve disclosure, and integrate climate-risk considerations throughout its operations in a bold statement penned by its chairman and CEO David Solomon, who said the […]

Goldman Sachs Stops Funding Arctic Oil Drilling Due To The Climate Crisis

3 Mins Read In a new environmental policy announcement, Goldman Sachs has ruled out any future financing for oil drilling or exploration activities in the Arctic, citing the scientific consensus on the climate crisis as their key reason. Currently, the banking industry at large continues to underwrite global warming. Environmentalists are hoping that the move will pressure other […]

Goldman Sachs Report Warns Tokyo, Shanghai & Mumbai To Brace For Climate Crisis

2 Mins Read In a recently released report conducted by Goldman Sachs Global Market Institute, climate change will have devastating impacts on cities across the world, highlighting New York, Tokyo, Lagos and Shanghai amongst some of the worst affected. Not only does the report point to more frequent heatwaves, floods and rising sea levels due to global warming, […]