Climate Transition and Inclusive Growth
Source: Goldman Sachs Asset Management. As of December 31, 2023. Asset Under Supervision (AUS) figures are for explicit ESG investment strategies only where ESG or sustainability factors are an important component. AUS includes assets under management and other client assets for which Goldman Sachs does not have full discretion. The portfolio risk management process includes an effort to monitor and manage risk but does not imply low risk.
We’re deploying $750 billion across investing, financing and advisory activities by 2030 and bringing our commercial expertise to help our clients support climate transition and advance inclusive growth.
Climate change is a global challenge. We are investing in industries that are transforming their operations and business models, as well as solution providers, to help usher in a low-carbon economy. We focus on five key themes: clean energy, sustainable transport, sustainable food and agriculture, waste and materials, and ecosystem services.
We are supporting under-served populations by leveraging our capabilities to improve access and affordability. We focus on four themes: healthcare, financial inclusion, education, and communities. An increasing number of entrepreneurs and enterprises have leveraged technology, business model innovation, and big data to create businesses that grow by driving better outcomes at lower cost for businesses and governments.
Scaling up Renewable Energy
To create impact, we take a comprehensive approach to investing in the next generation of renewable energy. For over 15 years, we have been building and supporting wind, solar and energy storage facilities, as well as supply chain companies, and service providers. We also continue to invest in the development of new renewable natural gas facilities.
Investing in Climate Transition
As sustainable investing matures and becomes more data-driven, we remain focused on quantifying impact. Our approach involves evaluating and supporting the decarbonization efforts of companies in which we invest across diverse sectors and enabling businesses that can help decarbonize the economy at large.
For instance, we invest across the range of industries critical to the climate transition with the biggest impact not only on carbon emissions, but also on clean transportation, water, ecosystems, and waste generation. We also provide investors with green bond and impact equity solutions that focus on climate transition investment opportunities.
Investing in Communities
We recognize that investors are increasingly seeking both financial returns and positive social outcomes. To create positive social impact, we invest in companies that aim to provide solutions to drive social sustainability. We see opportunities across several themes, including healthcare, education, and financial inclusion.
Whether by closing opportunity gaps in the labor market, addressing pain points within the healthcare value chain, or driving more equitable economic growth, investing in these themes enables our clients to help not only help inequality in underserved populations, but also to reduce costs and drive better outcomes for business and governments.
For illustrative purposes only. Performance results vary depending on the client’s investment goals, objectives, and constraints. There can be no assurance that the same or similar results to those presented above can or will be achieved.
