Global Investment Research
As part of our Global Investment Research division, we integrate environmental, social value and other relevant factors into our fundamental analysis of individual companies and industry sectors. We believe that understanding environmental risks and business opportunities leads to a more complete investment analysis.
Goldman Sachs’ GS SUSTAIN team continues to expand analysis of companies, further helping clients identify ESG outperformers and structural leaders. As of 2015, the GS SUSTAIN framework is applied to cover approximately 3,300 companies on governance factors and 2,200 companies on stakeholder factors (including environmental and social). From its inception in June 2007 through 2014 year-end, the GS SUSTAIN Focus List has outperformed the MSCI All Country World Index by 36%.
Global Clean Energy Research
The Global Clean Energy Research team follows clean energy companies around the world, including producers of solar, biofuels/biochemicals, wind, and technologies focused on energy efficiency. In 2014, innovative financing solutions and attractive policy-support contributed to impressive levels of growth for US solar and European wind manufacturers in particular, with our coverage of both groups experiencing returns north of 30%. For 2015, our Goldman Sachs research team expects momentum to continue for rooftop solar and LED lighting.
Global Markets Institute
The Global Markets Institute (GMI) conducts global macroeconomic research on environmental themes, such as the impact of climate change, energy efficiency, energy policy and the challenges of reconciling environmental protection with economic growth. This research also encompasses demographic themes, such as aging populations, urbanization and the role of women in global economies.