Goldman Says It’s Met Over Half of $750 Billion ESG Funding Goal

Goldman Sachs Group Inc. says it’s more than halfway toward meeting a goal of putting $750 billion toward sustainable finance by the end of this decade.

The Wall Street firm has dedicated $425 billion to ESG projects across its investing, financing and advisory services, according to its 2022 sustainability report, which measures progress since the target was set in 2019.

“The economic outlook is still unclear, and in such a complicated environment, our clients are facing new questions about how to achieve their sustainability goals,” Chief Executive Officer David Solomon said in the report. “But that’s no reason to ...