Goldman Sachs announced on Thursday that it is setting a new goal to reach a carbon-emission level of net-zero by the year 2030. The commitment comes after the company moved toward incorporating sustainability into its structures to work with clients last year.
David Solomon, Goldman Sachs Chairman and CEO, released a statement on the company’s position on sustainability and future goals, which reads in part, “[I]n 2015, we became the first of our peers in the financial-services sector to reach carbon neutrality in our operations and business travel. Today, we are expanding our operational carbon commitment to include our supply chain, targeting net zero carbon emissions by 2030.”
The firm also formed a new team at the beginning of their climate change initiatives, called the Sustainable Finance Group, to combine sustainability endeavors across the company.
The statement details the progress the company claims it has made in the past, and where it plans to go.
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