Goldman Sachs GS SUSTAIN: ESG of the Future Exhibit 11: Higher-income countries consume much more energy than lower-income countries on a per-capita basis Per-capita electricity consumption by country 20 18 Canada Wh)16 (M14 US capita 12 Australia per 10 Japan ours 8 h OECD Europe tt wa 6 ga China e 4 World M 2 India 0 Source: IEA, Goldman Sachs Global Investment Research