The Framework embodies our commitment to developing effective market-based solutions to address climate change, ecosystem degradation and other critical environmental issues, and to creating new business opportunities that benefit the environment.
Each of our business areas has an important role to play in implementing our commitments under the Environmental Policy Framework (Framework) and contributing to environmental progress. The Environmental Markets Group coordinates and oversees the implementation of our Framework and works closely with each business area to ensure our people, capital and ideas are effectively leveraged.
Goldman Sachs understands that our responsibility to be good stewards of the environment starts with minimizing the impact of our own operations. We have committed to reducing greenhouse gas emissions to zero by 2020 and over 50 percent, or over 5.2 million square feet, of our global real estate portfolio is LEED-certified.
In partnership with the Wildlife Conservation Society, one of the most respected conservation institutions in the world, Goldman Sachs has helped to preserve 735,000 acres of ecologically significant land in Tierra del Fuego, Chile, at the southernmost tip of South America.