Goldman Triples Asia ESG Investments as Bets Start Paying Off
- Goldman invested $3.5 billion in over 20 Japanese solar deals
- Bank completed almost 15 ESG deals in past two years
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Goldman Sachs Group Inc. has more than tripled environmental, social and governance investments in Asia, stepping up efforts to meet a growing need from clients to limit their greenhouse gas footprints.
The New York-based bank has completed nearly 15 investments based on ESG criteria in the past two years, up from just four during the previous period, people familiar with the matter said, asking not to be identified because the information isn’t public. It’s also in discussions with several major investors and companies in Asia, in an effort to broaden its push into other types of environmental and socially responsible projects.