In 2013, Goldman Sachs accepted the NYC Carbon Challenge, pledging to cut its greenhouse gas emissions intensity by 40% from 2006 levels. With smart planning and energy efficiency upgrades, Goldman was able to achieve a 42% reduction in carbon emissions per square foot in 2015.
In meeting the 40% reduction goal, Goldman Sachs:
- Consolidated office space from a number of older, less efficient facilities into one Leadership in Energy and Environmental Design (LEED®) Gold certified facility at 200 West Street
- Installed variable frequency drives (VFDs) on chillers and controls to operate the system based on occupancy at 200 West Street
- Upgraded lighting fixtures to LEDs and installed occupancy sensors at 200 West Street
Highlight: New York City Campus Consolidation
In 2009, Goldman Sachs consolidated space from a number of neighboring facilities in New York City into its LEED Gold certified 200 West Street facility, a 2.1 million square foot, 43-story office tower located on the west side of Lower Manhattan. The consolidation reduced Goldman Sachs’ office space by approximately one million square feet resulting in a more efficient, and more sustainable state of the art office building. The energy efficient building systems result in significant cost and energy savings for the firm. Its innovative under-floor air conditioning system employs unique strategies for heat transfer and air circulation to enhance air quality and allows each person to adjust the air flow around their desk. Floor-to-ceiling windows provide natural light and reduce the need for artificial lighting, which is complemented by the building’s automatic daylight dimming system, motorized shading system and advanced lighting controls.
“The NYC Carbon Challenge is a natural extension of Goldman Sachs’ environmental commitments. The Challenge aligns with our global 2020 commitments to reduce our absolute energy consumption by 10%. We are excited to be an early achiever of the 40% reduction in greenhouse gas emissions per square foot at our global headquarters at 200 West Street and look forward to continuing our reduction efforts.”
— Anthony Cammarata Jr., Managing Director, Corporate Services and Real Estate
Learn more about Goldman Sachs’ sustainability initiatives here.