Our approach to sustainability is driven through our work with clients, how we manage our firm and how we address market gaps, including through partnerships, engagement and impact.

It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to our broader communities.

Our ongoing commitment is to provide disclosure under the Sustainability Accounting Standards Board (SASB) standards.

We believe in the importance of providing greater transparency on our approach to managing climate-related risks and opportunities across our business and operations.

Our Environmental Policy Framework was established in 2005, making us one of the first financial institutions to acknowledge the scale and urgency of challenges posed by climate change.

Goldman Sachs has policies and procedures governing the political activities of the firm, our political action committee and our employees.

Our respect for human rights is fundamental to and informs our business; it guides us in how we treat and train our employees, and how we work with our clients and our vendors.

This statement sets out the steps we have taken and are taking to assess the risk of modern slavery and human trafficking and to ensure they are not taking place within our business and our supply chain.

Goldman Sachs is committed to combating money laundering, terrorist financing, securities fraud and other financial crimes.

The firm does not tolerate bribery or corruption involving our people, vendors, agents, or other business partners.

At Goldman Sachs Asset Management (GSAM), we believe environmental, social, and governance (ESG) factors are important tools for identifying investment risk and capturing opportunity.

This Code outlines the policies and practices that define who we are and what we stand for as a firm.

More than four decades after they were put down on paper, Goldman Sachs’ 14 Business Principles continue to be elemental to the firm’s identity and the common set of values shared by its employees around the globe.

In May 2010, we created our Business Standards Committee to conduct an extensive review of our business standards and practices. The Committee’s report represents our commitment to communicate the changes we have made – and continue to make – and their impact in making us a better firm.

All vendors engaged in providing products and services to Goldman Sachs are expected to act in accordance with our code of conduct.