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goldman sachs

‘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: Livestock Is The Only Other Commodity “As Precarious As Oil”

3 Mins Read Head of commodities research at Goldman Sachs, Jeff Currie, says that the two commodities standing on shaky ground right now are oil and livestock. Speaking to reporters last week, Currie’s forecast comes after weeks of worrying news headlines spotlighting the chaos that the coronavirus has wreaked on the animal meat industry. Food security experts believe […]

Goldman Sachs Forms Joint Venture To Launch Commercial & Industrial Solar Projects

3 Mins Read A partnership between Goldman Sachs and Telos Clean Energy will see a new joint venture to develop, construct, own and operate distributed solar power projects for commercial and industrial customers. With up to US$275 million funded by Goldman Sachs under the new solar project joint venture, the move reflects the pressure for financial institutions to […]

Goldman Sachs Excludes Asia In New Diversity Boardroom Pledge

3 Mins Read Multinational investment bank and financial services giant Goldman Sachs recently announced a diversity rule stipulating that the bank will no longer take companies public unless they have at least one “diverse” board member. Presenting the new pledge at the World Economic Forum (WEF) at Davos, Switzerland last week, CEO David Solomon explained that the push […]

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, […]