Goldman Sachs

Assessment year: 2018

Total score 
2 out of 5
Awareness, understanding and intent 
2 out of 5
Commodity 
3 out of 5
Scope 
3 out of 5
Implementation, monitoring and reporting 
1 out of 5

Assessment year: 2017

Total score 
3 out of 5
Awareness, understanding and intent 
2 out of 5
Commodity 
4 out of 5
Scope 
4 out of 5
Implementation, monitoring and reporting 
1 out of 5

Assessment year: 2016

Total score 
4 out of 5
Overall forest policy 
3 out of 5
Policy strength 
4 out of 5
Reporting and transparency 
5 out of 5

Assessment year: 2015

Total score 
3 out of 5
Overall forest policy 
3 out of 5
Policy strength 
3 out of 5
Reporting and transparency 
4 out of 5

Assessment year: 2014

Total score 
3 out of 5
Overall forest policy 
3 out of 5
Policy strength 
3 out of 5
Reporting and transparency 
3 out of 5
Financial institution type 
Asset manager, Bank
HQ 
United States

Collective commitments

Banking Environment Initiative member
Yes
New York Declaration on Forests signatory
No

150 Financial institutions

Investors and lenders need to adopt and implement environmental, social and governance (ESG) criteria that ensure their investments are not funding deforestation. For analysis of how the financial sector is performing click here.

This assessment has been carried out following the assessment methodology developed for the Forest 500 project.

Profile 

Goldman Sachs are a global investment bank and financial services firm headquartered in the US serving private, corporate and institutional clients. Their services include corporate finance, underwriting, investments, securities and wealth management. As of 2017, Goldman Sachs’ total assets amount to more than 900 billion USD, including more than 50 billion USD in loans. Goldman Sachs are among the top 10 lenders to Forest 500 companies, with loans amounting to more than 45 billion USD across a broad range of forest risk sectors. They are also among the top 30 shareholders for Forest 500 companies, with more than 12 billion USD worth of shares.

Other financial institutions

BNP Paribas

Score
3 out of 5

HSBC

Score
3 out of 5

Deutsche Bank

Score
3 out of 5

ING Group

Score
3 out of 5

Royal Bank of Scotland

Score
3 out of 5

Credit Suisse

Score
3 out of 5

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our citation guidance for advice on how to cite data presented here or elsewhere on this site.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.