Goldman Hits 80% of Sustainable Finance Target Even as DEI Cut

Goldman Sachs Group Inc. said it’s more than 80% of the way to meeting its 2030 goal of putting $750 billion toward supporting the transition to a low-carbon economy, and to advancing what it calls “inclusive growth.”

The Wall Street bank announced its progress in its annual 10K filing on Thursday. In the same document, Goldman removed diversity targets it had previously stated, a move that’s in line with steps taken by several of its US peers. The bank said it can advance sustainability by partnering with its clients, developing new sustainability-linked financing solutions, offering strategic advice or co-investing in ...