Goldman Sachs has launched an internal unit designed to better promote inclusive economic growth and to address climate change, according to a memo seen by Citywire Selector. The newly-formed Sustainable Finance Group was formed earlier this week to help deliver sustainability and impact investing expertise across a broad range of growth themes. It will be led by John Goldstein, who co-founded Imprint Capital, which was acquired by GSAM in 2015. He will spearhead a cross-divisional steering group, made up of senior partners, to coordinate responsible investment efforts. The group is designed to bring common thinking across financing, advisory, risk management, asset management and investing. The company said it will create more specific goals and objectives for the group in coming months. Goldstein recently spoke to Citywire Selector about ESG, and how the idea that it would become integrated to the point that investors no longer requested it as a specialism was untrue.
Goldman Sachs has launched the Climate Finance Group to back economic growth and tackle climate change . Goldman Capital co - founder John Goldstein will head the cross - divisional operation which will coordinate ideas across finance , advisory , wealth management and asset management . The group said more goals and objectives will be announced later in 2019 .