01 December 2005

Goldman Sachs Embraces Its Inner Environmentalist

In a move some say will spur other companies to examine their triple-bottom line ways, Goldman Sachs announced last week that they have adopted a comprehensive environmental policy.

The policy statement begins, "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."

Get the skinny at CNN Money or download the full policy at Goldman.

According to the New York Times, Hank Paulson, chairman of the investment banking firm, also announced the creation of a Center for Environmental Markets to develop and study free-market solutions to environmental problems.

(In the interest of full disclosure, I work for an organization that is associated with Mr. Paulson.)

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