13 Sustainability Report 2021 Introduction Operationalizing Our Ambition At Goldman Sachs, we have developed a firmwide commercial model that leverages the full breadth and depth of our franchise, with the goal of bringing the best of Goldman Sachs’ offerings to all our sustainable finance-related efforts. We have operationalized our ambition to meet our targets for shareholders, to retain top talent, and to meet the needs of our clients. With this approach, Goldman Sachs can move nimbly, continually improve our offerings, and better respond to today’s challenges for our clients, our partners, and our people. Following the announcement of our 10- year sustainable finance target, we launched dedicated Sustainability Councils within each of our business segments. Within each business, a divisional Sustainability Council of senior leaders provides the capacity to formulate, streamline, and scale innovation and product development. These councils have become a central point of connectivity for our firm and a catalyst for sustainability-related commercial initiatives across our business. INTRODUCTION