Working with Investors

The video discusses Goldman Sachs Asset Management's response to the SEC's new climate rules, emphasizing the importance of emissions disclosure and climate risk as material investment considerations. The firm has engaged with numerous companies to improve their disclosure practices, using frameworks like SASB and TCFD. Goldman Sachs is committed to voting against directors of companies that fail to make progress in climate-related disclosures. The video also provides advice for companies on reporting and highlights the role of the stewardship team in promoting ESG practices.

What is the primary focus of the SEC's new climate rules discussed in the video?

• Increasing fossil fuel production

• Promoting renewable energy

• Enhancing emissions disclosures

• Reducing carbon taxes

How many companies did Goldman Sachs Asset Management engage with regarding emissions disclosure by October 2020?

• 150

• 350

• 500

• 271

What percentage of companies improved their disclosures after engagement with Goldman Sachs Asset Management?

• 75%

• 60%

• 42%

• 25%

What action does Goldman Sachs Asset Management take against companies that fail to improve their emissions disclosures?

• Increase investment

• Vote against directors

• Provide financial incentives

• Offer consulting services

What is one key piece of advice given to companies regarding their sustainability reporting?

• Limit access to reports

• Be consistent in messaging

• Use complex language

• Focus only on financial data

What is the role of the stewardship team at Goldman Sachs Asset Management?

• To oversee marketing strategies

• To develop new investment products

• To unlock shareholder value through ESG practices

• To manage client accounts

How many meetings did the stewardship team conduct with companies last year?

• 1000

• 800

• 511

• 200

What is the primary goal of Goldman Sachs Asset Management's engagement with companies?

• To advocate for positive change

• To expand market share

• To reduce operational costs

• To increase short-term profits

Which framework is more focused on climate-specific disclosures?

• CDP

• TCFD

• SASB

• GRI

What is a significant challenge mentioned in the video regarding sustainability reporting?

• High costs of data collection

• Excessive government regulation

• Difficulty in accessing reports

• Lack of interest from investors