This company profile is not publicly available
A global leader in mergers and acquisitions advice and securities underwriting. One of the largest private equity investors in the world.
|Goldman Sachs Group Inc.||USA||website|
|Goldman Sachs Group Inc.|
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
[Source 2019][More on Climate Change]
This company is listed on the EPA Green Power Partnership website (USA), as using renewable energy for 100% of its organisation-wide electricity use in the USA.
[Source 2020][More on Climate Change]
The 2018 report "Banking on Climate Change" analyses 36 banks and their financing of tar sands oil, Arctic oil, ultra-deepwater oil, LNG, coal mining, and coal-fired power between 2015 and 2017. This bank invested over US$8.9 billion and received a D+ grade for its policies.
[Source 2018][More on Climate Change]
The 2017 update to the report entitled "Worldwide Investments in Cluster Munitions: a Shared Responsibility" identifies 166 banks and other financial institutions with financial links to cluster munitions producers. This bank is listed in the report's Hall of Shame for having investments in one or more of the 6 cluster munitions producers named in the report between 1 June 2013 to 17 March 2017.
[Source 2017][More on Military]
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$10 billion into 13 of the 20 nuclear weapons producers named in the report.
[Source 2018][More on Nuclear]
Public Eye Awards are given to companies with the worst record in terms of environmental pollution and human rights violations. Goldman Sachs received the award in 2013 for its role in Greece's financial crisis.
[Source 2013][More on Governance]
On 14 January 2016, this company announced an agreement in principle to pay a US$2.39b civil monetary penalty, make US$875m in cash payments and provide US$1.8b in consumer relief. This is to resolve this company's securitisation, underwriting and sale of RMBS's from 2005 to 2007.
[Source 2015][More on Finance]
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This financial institution received a score of 35%.
[Source 2019][More on Forests]
On 11 December 2014, the US Financial Industry Regulatory Authority (FINRA) fined ten companies for allowing their equity research analysts to solicit investment banking business and for offering favourable research coverage in connection with the 2010 planned initial public offering of Toys"R"Us. This company was fined US$5m.
[Source 2014][More on Finance]
This company received a score of 47.3/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2017][More on Sustainability Reporting]
In 2014 Goldman Sachs agreed to pay US$67m to settle a class action lawsuit alleging that this firm and several others major private equity firms colluded to keep rivals from outbidding them on giant buyout deals.
[Source 2014][More on Governance]
This company is on OpenSecrets.org's list of the 100 top donor organisations in US federal-level politics since 1989. Companies on this list lobby and spend big, with large sums sent to candidates, parties and leadership PACs. This company comes in at number 20 on the list, with donations totalling US$59,390,827 between 1989 and 2018.
[Source 2018][More on Politics]
This company received an S&P Global ESG Score of 39/100 in the Diversified Financial Services and Capital Markets category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
[Source 2019][More on Sustainability Reporting]
Nuclear power is a controversial, dangerous, and expensive form of energy generation. In the years 2000-2009 this company provided more than 3.7 billion euros of nuclear funding.
[Source 2009][More on Nuclear]
This Nov 2011 report by a group of NGOs examines the financing of 31 major coal-mining companies and 40 producers of coal-fired electricity by 93 banks since 2005, the year the Kyoto Protocol came into force. This bank appears eleventh on their list of 'Top Twenty Climate Killer Banks'. The NGOs are calling on the banks to shift their portfolios to renewables and energy efficiency and set and implement ambitious CO2 reduction goals for their financed emissions. [Listed under Information due to age of report]
[Source 2011][More on Climate Change]
As You Sow's 2020 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, David Solomon came in at number 72 on the list, having been paid US$20,662,835 in 2019. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
[Source 2020][More on Finance]
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: commit to 100% renewable power.
[Source 2017][More on Climate Change]
This company appears on the 2020 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
[Source 2020][More on Human Rights]
This company was named in the Working Mother 100 Best Companies 2018 for being a mum-friendly employer. Listed companies help working parents succeed at home and at work by providing expanded parental leaves, more flexibility with work hours, assistance for special needs, and opportunities for career development.
[Source 2018][More on Workers Rights]
This bank is a member of the Banking Environment Initiative, which was created in 2010 by the chief executives of some of the world's largest banks. Its stated mission is to lead the banking industry in collectively directing capital towards environmentally and socially sustainable economic development.
[Source 2018][More on Governance]
This bank has endorsed the Green Bond Principles - a set of voluntary guidelines on the development and issuance of green bonds. Green Bonds enable capital-raising and investment for new and existing projects with environmental benefits.
[Source 2014][More on Governance]
This company is listed on the Facing Finance website as a company that manufactures weapons or profits from violations of human rights, pollution, corruption, or international law. Follow link for further details.
BankTrack is a global network of civil society organisations and individuals tracking the operations of the banking sector and the activities they finance. BankTrack aims to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices. Follow the link to see this bank's profile.
The Corporate Research Project's Corporate Rap Sheets are dossiers summarising the most significant crimes, violations and other questionable activities of the world's largest and most controversial companies. Follow link to see this company's Corporate Rap Sheet.
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
|Company Structure||Public company|
|Revenue||US$38.8 billion in 2015|
|# Employees||37,000 in 2015|
|Address||New York, New York, USA|