Goldman Sachs Rotten Score Breakdown
Corporate Misconduct
60.0ptsRotten to the core
Avg Rating: 5.00Ratings: 1Severity Score: 12.00Evidence Count: 2Contribution: 60.0 pts
Misconduct: low 0 · medium 0 · high 2
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Goldman Sachs paid more than $5 billion over misleading mortgage-backed securities
DOJ and federal and state partners reached a settlement exceeding $5 billion with Goldman Sachs over residential mortgage-backed securities issued between 2005 and 2007. Goldman acknowledged that mortgage pools included loans it knew did not comply with originators' underwriting guidelines and that it failed to disclose important information about risky loans and aggressive lending practices. Source: https://www.justice.gov/usao-edca/page/file/840391/dl
Goldman Sachs paid more than $2.9 billion in 1MDB foreign-bribery resolution
Goldman Sachs entered a deferred prosecution agreement and its Malaysian subsidiary pleaded guilty in the 1MDB foreign-bribery case. DOJ reported a global monetary amount of about $2.92 billion in connection with the resolution. Source: https://www.justice.gov/criminal/criminal-fraud/file/1370171/dl
Human Rights & Exploitation
0.0ptsCommunity concern only
Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.
Avg Rating: 5.00Ratings: 1Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Fraud & Corruption
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Deceptive Practices
0.0ptsCommunity concern only
Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.
Avg Rating: 4.00Ratings: 1Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Environmental Harm
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Sustainability Deception
30.0ptsGreenwashing deluxe
Avg Rating: 5.00Ratings: 2Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Greenwashing investigation
Investigations into ESG claims
Potential misleading sustainability practices
Workplace Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Financial Misconduct
0.0ptsCommunity concern only
Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.
Avg Rating: 2.00Ratings: 1Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts