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