5 Sustainability Report 2021 Introduction INTRODUCTION There’s still a long way to go, but we’ve made good progress: Of our ten-year goal of $750 billion in sustainable finance activity, we’ve achieved approximately $300 billion so far, including $167 billion in climate transition, $50 billion in inclusive growth, and the remainder in multiple themes. Looking ahead, we expect client demand for sustainable solutions to continue to grow. Our clients know that building a more sustainable and inclusive economy is not only the right thing to do, it’s the smart thing to do, especially in a world that’s becoming more competitive. And we’ll be there for them every step of the way. We are, after all, in the midst of a transition. And by taking action now, we can help our clients produce more reliable and affordable energy as well as build a more sustainable and inclusive economy for today’s generation and the next. David Solomon Chairman and Chief Executive Officer It’s the very complexity of the challenge that demands a holistic approach, and what makes ours different is that we’ve integrated sustainability across our business, our operations, and our partnerships with the outside world. One reason our clients turn to us is that we define sustainability broadly, treating climate transition and inclusive growth as two sides of the same coin. Building on our years of work promoting the economic empowerment of women, we’re continuing to make headway with our new initiative, One Million Black Women , and we have a wide range of offerings that advance progress in both climate transition and inclusive growth. For instance, our Asset Management business has invested in a company that is training and hiring unemployed union workers to make buildings more energy efficient and another company that is creating affordable housing options as well as building the world’s most sustainable high-rise apartment building. Every day we are supporting clients as they navigate climate transition and inclusive growth across their portfolios and investments. 5