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Is Wall Street's 'green is good' motto sustainable? Here's what experts say

Goldman Sachs recently announced a $750 billion, 10-year initiative in nine different areas such as clean energy, affordable education, among others

Topics
Goldman Sachs | finance | Wall Street

Reuters  |  New York 

If you have gone to Goldman Sachs Group Inc's internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe. Visitors are met with a background of lush greenery, along with a banner headline: "Our Commitment to Sustainable Finance." The company recently announced a $750 billion, 10-year initiative in nine different areas such as clean energy, affordable education and accessible healthcare, and overhauled lending policies to exclude ventures like new Arctic drilling. At first glance it might seem ...

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First Published: Mon, January 13 2020. 23:06 IST
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