Finance
Goldman Says ESG Finance to Become ‘Core Part’ of Strategy
- The bank will sell debt under different currencies and labels
- Low-carbon, inclusive economy is ‘imperative’: David Solomon
Photographer: Nicky Loh/Bloomberg
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Goldman Sachs Group Inc. is just getting started in the fast-expanding world of sustainable finance.
The New York-based lender plans to issue more environmental, social, and governance bonds on a regular basis as part of its plans to deploy $750 billion in sustainable financing, investing and advisory activity by 2030, according to Carey Halio, chief executive officer of Goldman Sachs Bank USA. It sold bonds aimed at financing environmentally and socially conscious projects for the first time on Wednesday.