MICROCAPITAL BRIEF: Goldman Sachs Launches Sustainable Finance Group to Offer Advisory Services on Impact Investing

US-based investment bank Goldman, Sachs and Company recently announced the formation of an internal Sustainable Finance Group to provide clients with support on investing, financing, risk management and asset management as they relate to solving community and environmental challenges. John Goldstein, a co-founder of US-based sustainable investing firm Imprint Capital, which Goldman Sachs recently acquired, will head the steering committee appointed to guide the group. In addition to identifying specific goals over the next several months, the Sustainable Finance Group will continue the work of existing company initiatives such as 10,000 Women; 10,000 Small Businesses; Launch With GS and the Urban Investment Group.

Goldman Sachs offers investment banking, investment management and financial advisory services to corporations, financial institutions, governments and retail clients. Founded in 1869, the firm is headquartered in New York and maintains offices in 36 countries. As of 2018, it reports unaudited total assets of USD 933 billion.

By Anna Gravois, Research Associate

Sources and Additional Resources

Sustainable Finance Group press release
https://www.goldmansachs.com/media-relations/press-releases/current/announcement-24-JUL-2019.html

Goldman Sachs homepage
https://www.goldmansachs.com/

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