David Solomon, CEO of Goldman Sachs, says the company is targeting $750 billion of financing, investing and advisory activity to areas focused on climate transition and inclusive growth. He also calls for governments to put a price on the cost of carbon.
Mr. Solomon writes, “Looking ahead, the needs of our clients will increasingly be defined by sustainable growth. Our firm’s long-term financial success, the stability of the global economy and society’s overall wellbeing all depend on it.”