Goldman Sachs GS SUSTAIN: ESG of the Future Exhibit 5: Response rates for Scope 1 emissions estimates were the highest for Oil & Gas and Utilities, and vary significantly among regions of coverage — the highest in Europe (53%) and the lowest in Asia (24%), on a weighted average basis Breakdown of response rates for Scope 1 emissions estimates by sector and region of coverage. Airlines 28 Scope 1 Chemicals 94 Construction Materials 23 Mining & Metals 55 Oil & Gas Producers 68 Oil Refiners 30 Steel 36 Utilities - Electric 71 Utilities - Gas 17 Utilities - Multi 17 Utilities - Water 448 9 Total 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Americas Europe Asia Pacific Inputs are counted in the response rate calculation when at least 2 years of estimates have been provided. Vertical dashed lines correspond to the weighted average response rates by region using number of companies in the sector as weights. Source: Goldman Sachs Global Investment Research
GS SUSTAIN: ESG of the Future Page 10 Page 12