NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, April 23, 2019

By Emily Chasan

Goldman Sachs Group Inc. is finding that it’s not easy being green.

In its annual sustainability report, released Monday, the Wall Street firm reported that dedicated impact investing and environmental, social and governance assets under management rose to $17 billion at the end of 2018, from $11.3 billion a year earlier. Goldman also became the first bank to publish its report in line with Sustainability Accounting Standards Board metrics sought by investors to highlight material environmental issues in the business.