
At Goldman Sachs, sustainability is an important driver of our engagement with clients and how we conduct our business. We provide the advice and capital companies need to grow, the expertise needed to manage risks, and the information and perspectives our clients must have to make business and investment decisions. Increasingly, all of these activities demand focus on sustainability issues, from the looming impacts of climate change, to health-and safety-associated risks, to credit and investment gaps that limit business opportunities and hamper economic progress in many parts of the world.
Goldman Sachs believes that a healthy environment is necessary for the well-being of society, our people and our business, and is the foundation for a sustainable and strong economy. Our commitment to environmental sustainability encompasses each of our businesses, whether it is deploying capital to expand clean energy solutions, underwriting green bonds or structuring catastrophe-linked securities to help clients manage climate change risks. A prerequisite and necessary complement to these core business activities is a commitment to minimizing our own environmental impact. In 2018, we made tangible progress in this respect, including the completion of many of our 2020 operational impact goals and by surpassing $80 billion in our goal to finance or invest $150 billion in clean energy by 2025.
At Goldman Sachs, we believe that strong communities are the foundation of a prosperous society. Through our Impact Investing initiatives, we find innovative commercial solutions that address social and civic challenges in communities across the United States.
Since 2001, the Goldman Sachs Urban Investment Group has committed $7 billion to underserved American communities. Partnering with local leaders and non-profits, we focus on comprehensive community development that supports the fundamental building blocks of opportunity, including affordable housing, quality education and healthcare, and growth capital for social enterprises and small businesses.