2025 ESG and Net Zero Commitments

To ensure the firm remains a leader in implementing sustainability practices, Corporate and Workplace Solutions is committed to minimizing the impact of our operations on the environment through the following 2025 operational goals with a focus on strategic, collaborative partnerships that drive market transformation. To continue setting ambitious targets, we have expanded our operational carbon commitment to include our supply chain, targeting net-zero carbon emissions by 2030.

Carbon, Energy and Business Travel 

  • Achieve Net Zero emissions in our operations and supply chain by 2030
  • Reduce energy intensity by 20% from a 2017 baseline for offices under operational control
  • Extend Scope 3 carbon neutrality commitment for business travel to include hotel night stays
  • Ensure that 80% of renewable energy procurement is from long-term, impactful agreements, such as power purchase agreements or on-site generation
  • Become a signatory to The Climate Group’s EP100 initiative (Energy Productivity)
  • Become a signatory to The Climate Group’s EV100 initiative (Electric Vehicle)
  • Establish a green traveler program for Goldman Sachs employees to minimize the environmental impact of business travel

Water  

  • Achieve 20% reduction in water use for all new construction and major renovation projects
  • Reduce water intensity by 15% from a 2017 baseline for offices under operational control

Plastics

  • Remove 100% of plastic beverage bottles and disposables from on-site cafeterias, micro-markets and vending machines globally
  • Reduce the amount of firm-provided office supplies that contain plastic

Business Waste

  • Reduce internal paper use per-capita by 30% from a 2017 baseline

Events/Hospitality

  • Extend commitment to ISO 20121 certified Sustainable Event Management to include off-site events
  • Procure 100% green cleaning products for on-site cafeterias globally
  • Procure 50% sustainably sourced food for on-site cafeterias globally

Supply Chain

  • Assess 100% of global vendors for ESG risks
  • Increase spend with diverse vendors by 50% from a 2020 baseline