Historic Earthquake and Tsunami Devastate Japan’s Pacific Coast
In 2011, the largest earthquake in recorded history to hit the country strikes off the coast of Japan, unleashing a tsunami that cripples a nuclear power plant, displaces nearly half a million people, and causes widespread devastation.
Globalization
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Service
Goldman Sachs Gives Epitomizes Culture of Giving Back
In 2007, Goldman Sachs launches a donor advised fund, Goldman Sachs Gives, to which partners recommend nonprofit organizations to receive grants.
Service
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Culture
Firm Helps to Rebuild US Communities Following Hurricane Sandy
Hurricane Sandy floods the streets of New York City in October 2012, disrupting markets and damaging surrounding communities. Goldman Sachs responds with US$10 million in support of recovery efforts and the work of more than 1,200 of its people through the firm’s Community TeamWorks initiative.
Globalization
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Service
September 11, 2001 Terrorist Attacks Stun the World and Jolt Global Financial Markets
On September 11, 2001, coordinated terrorist attacks against the United States using hijacked planes hit New York’s World Trade Center towers, the Pentagon building and a remote field in Pennsylvania. While global markets are disrupted and temporarily shut down, the attacks trigger worldwide outpouring of support, an international quest for justice and a pledge to rebuild Lower Manhattan.
Globalization
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Service
Goldman Sachs Foundation Invests in Global Education and Entrepreneurship
In 1999, the firm establishes the Goldman Sachs Foundation, a global philanthropic organization aimed at improving the academic performance and lifelong productivity of young people worldwide. Over time, its focus is refined to target local economic growth and opportunity through investing in entrepreneurship globally.
Service
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Culture
10,000 Small Businesses Fuels Innovation and Productivity Gains in the United Kingdom
Goldman Sachs launches 10,000 Small Businesses UK in 2010, seeking to boost lagging productivity by energizing small business growth and creating jobs in the United Kingdom.
Service
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Culture
IFFIm Bonds: Financial Innovation Funds Immunization in More than 60 Countries
As lead advisors to the International Finance Facility for Immunisation (IFFIm), Goldman Sachs helps to launch in 2006 a US$1 billion bond to protect children against disease by improving health systems and increasing access to immunization.
Service
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Innovation
First US Social Impact Bond Financed by Goldman Sachs
In 2012, in partnership with the City of New York and Bloomberg Philanthropies, Goldman Sachs finances the first social impact bond in the United States, a US$9.6 million loan aimed at reducing the rate of recidivism among adolescents incarcerated on Rikers Island.
Service
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Innovation
With 10,000 Small Businesses, Goldman Sachs Helps to Fuel the Engines of Job Creation and Spark Innovation
Goldman Sachs announces a US$500 million initiative in 2009 to help small businesses create jobs and drive economic growth through greater access to education, financial capital and business support services.
Service
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Culture
Sidney Weinberg Serves on War Production Board
Sidney Weinberg takes a leave of absence from the firm to serve on the War Production Board during World War II.
Leadership
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Service
Goldman Sachs and IFC Introduce Landmark Credit Facility for Women Entrepreneurs
The Goldman Sachs Foundation and the International Finance Corporation create the Women Entrepreneurs Opportunity Facility in 2014 to provide much-needed financing to female entrepreneurs around the globe.
Service
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Clients
Sidney J. Weinberg Begins Decades-Long Tenure With Business Advisory and Planning Council
Sidney Weinberg helps launch the Business Advisory and Planning Council in 1933, creating an enduring source of insight for CEOs and government.
Leadership
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Service
Goldman Sachs Launches Community TeamWorks, Its Signature Volunteer Program
Community TeamWorks, the firm’s flagship volunteering initiative, is launched in 1997. The program gives employees a day off from work to participate in team-based projects with nonprofit organizations in the community.
Service
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Culture
Landmark Partnership Preserves Pristine Wilderness in Tierra del Fuego
In 2004, the firm entered into a landmark public-private partnership with the Wildlife Conservation Society to establish the Karukinka Natural Park on the island of Tierra del Fuego, Chile.
Service
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Culture
New Program Harnesses the Power of Education for Women Entrepreneurs Around the World
Goldman Sachs launches 10,000 Women in 2008, a program dedicated to providing women in underserved communities around the world with a business and management education.
Service
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Culture
Analyst Impact Fund Taps Junior Talent's Competitive Spirit to Generate Grants for Nonprofits
Goldman Sachs launches the Analyst Impact Fund in 2016, providing a creative, collaborative opportunity for the firm’s junior talent to compete with their peers for grants to benefit the nonprofit organizations of their choice.
Service
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Culture