Monday, May 29, 2006

Goldman Sachs Links Environmental Sustainability to Profit

Goldman Sachs was the first investment bank to adopt a comprehensive environmental plan. You can read about it here and, if you have a subscription to Fast Company, here. According to the Fast Company article, from the June 2006 issue, Goldman's environmental policy, "calls for world governments to tighten restrictions on greenhouse-gas emissions, commits to investing $1 billion in renewable energy, and proposes a Center for Environmental Markets, a research partnership that will explore how the free-market system can solve environmental problems."

As noted in my previous post, this is the type of action will hopefully influence others to follow their lead.

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