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Goldman Sachs GS SUSTAIN Our GS SUSTAIN ESG Framework - how we can help GS SUSTAIN can provide access to proprietary tools and resources to quantify impact and identify ESG Improvers, enabling greater recognition of underappreciated opportunities across sectors. Our expanded offering of SUSTAIN tools can help investors to answer a myriad of ESG questions at the portfolio and security levels, enabling more systematized and quantitative reporting while providing detailed and transparent data sets for idea generation, security selection and corporate engagement. n Our multi-pronged SUSTAIN scoring framework can help provide greater granularity and objectivity for asset managers in both security selection and reporting. The framework across >7,000 companies includes our recently introduced Product Alignment framework, based on the SDGs, EU Taxonomy and GS analyst views, and can help investors cast a wider net in the search for impact winners aligned to less obvious sustainability themes. Existing pillars detail performance around sector-specific environmental and social operational metrics, governance, and controversies. n Forward-looking estimates. Looking ahead, we believe investment performance will be more driven by future change and have taken our first steps toward incorporating forward-looking estimates in our proprietary industry analyst inputs which now include sustainable product revenue and capex in select industries. Of more than 3,000 companies under GS coverage, 53% saw a change in net E&S scores as a result of our analyst survey inputs. Furthermore, we have taken first steps to offering quantitative forecasts of sustainable product revenue/capex for ~650 companies in 19 industries. We now add Scope 1 and 2 greenhouse gas emissions for a smaller segment of companies in 7 sectors. n EU Taxonomy revenue alignment. We see the EU Taxonomy as one of the most seminal regulatory developments driving standardization in reporting for both corporates and asset managers. Our EU Taxonomy alignment tool maps companies’ revenues to Taxonomy-defined activities to determine potential Taxonomy-eligible and aligned revenue based on technical screening checks where data exist, and “Do No Significant Harm” (DNSH) and “Minimum Social Safegards” (MSS) criteria. n SDG revenue alignment. The UN Sustainable Development Goals (SDGs) have emerged as one of the most commonly used frameworks for taxonomizing impact across a broad set of sustainability challenges. Our SDG alignment tool employs granular revenue data, GS analyst inputs and other company metadata to map alignment, exposure and misalignment to ten of the SDGs we deem to be most investable. o Company mapping for SDG 12: Responsible Consumption & Production: Our SDG 12 screen targets companies advancing the circular economy or reducing the environmental impact of commonly used materials, logistics and shipping businesses, and companies that offer waste management, pollution control, maintenance, recycling, rental or reuse services or the equipment or machinery used in these services. Recycling facilities, 3 May 2022 27

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