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