Goldman Sachs’ new world headquarters in New York.
about Goldman Sachs
Goldman
Sachs (NYSE: GS) was founded in 1869 and is a leading global financial services firm that is headquartered in New York. It provides an array of financing services, including investment banking, asset management for institutions and high net worth private clients, and investment research.
General BankTrack reaction on policies Goldman Sachs
Goldman
Sachs' Environmental Policy Framework is a
rather general document, describing Goldman Sachs actions with regard to
sustainability practices. It focuses mainly on internal issues, such as
lowering energy and paper use. With regard to customer relations Goldman Sachs
believes "it is important to take the environmental impacts and practices of
our clients and potential clients into consideration as we make business
selection decisions." The requirements apply to project finance and Goldman
Sachs will "seek to apply the general guidelines to debt and equity
underwriting transactions, to the initiation of loans and to investment banking
advisory assignments where the use of proceeds is specified to be used for potentially
environmentally damaging projects and where Goldman Sachs is the lead book
runner or arranger."
Michelle Chan, Friends of the Earth US, United States
Gateway Pacific coal export terminal
United States
The Gateway Pacific Terminal is a proposed coal export terminal at Cherry Point, near Bellingham, Washington. If completed, the terminal would have capacity to export 54…
Mountain top removal (MTR) mining is a form of strip mining in which coal companies use explosives to blast as much as 800 to 1000 feet off the tops of mountains order to…
Dynegy LS Power is currently planning to construct more new coal-fired power plants than any other company in the USA, which will result in very large increases in greenhouse…
Michelle Chan, Friends of the Earth US, United States
BankTrack has identified controversial issues
with the companies listed below that require attention from Goldman Sachs.
Areva
If you imagine the global nuclear industry as a giant web, AREVA is the fat, radioactive spider at its centre, greedily looking for new prey. It has manufacturing facilities…
E.ON is a German electricity company headquartered in Düsseldorf and is one of the big global players in energy production. E.ON operates along the entire value chain…
Like its rival and fellow French multinational AREVA, Électricité de France (EDF) is one of the biggest players in the global energy game. In fact, with more…
As Italy's largest power company and Europe's second largest according to its generating capacity, Enel is another one of the titans of the energy industry. Its interests…
Lockheed Martin is a global security company that is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology…
Europe's second largest electricity generator and one of Europe's five leading gas and electricity companies. Founded in 1898, the company has grown to supply electricity…
Textron is a multi-industry company, consisting of numerous subsidiaries and operating units. One subsidiary is Textron Systems, which is active in the defence, homeland…
Vedanta Resources is a mining company. It produces aluminum, copper, lead and zinc. Vedanta has a strong position in India, where its founder Anil Agarwal was born, but is…
Alliant Techsystems (ATK) is the world's largest manufacturer of ammunition and a leading supplier of precision systems and electronic warfare. The company is also active…
