Blackrock
BlackRock, Inc., a leading global investment management corporation, is headquartered in the United States and operates extensively across major financial markets worldwide. Founded in 1988, BlackRock has established itself as a pioneer in the asset management industry, focusing on investment management, risk management, and advisory services. The firm is renowned for its innovative technology platform, Aladdin, which integrates risk analytics and portfolio management. BlackRock's diverse range of products includes mutual funds, exchange-traded funds (ETFs), and alternative investments, catering to a broad spectrum of clients from individual investors to large institutions. With over $9 trillion in assets under management, BlackRock is recognised as the largest asset manager globally, consistently achieving significant milestones in sustainable investing and financial technology. Its commitment to responsible investing and client-centric solutions solidifies its position as a trusted leader in the financial services sector.
DitchCarbon Score
How does Blackrock's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Blackrock's score of 46 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Blackrock's reported carbon emissions
In 2023, BlackRock reported total greenhouse gas emissions of approximately 82,570,000 kg CO2e, which includes 6,689,000 kg CO2e from Scope 1, 1,568,000 kg CO2e from Scope 2, and a significant 74,313,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions were primarily driven by purchased goods and services (234,645,000 kg CO2e) and business travel (46,720,000 kg CO2e). In the previous year, 2022, BlackRock's total emissions were about 87,830,000 kg CO2e, with Scope 1 emissions at 6,401,000 kg CO2e, Scope 2 emissions at 2,382,000 kg CO2e, and Scope 3 emissions reaching 78,000,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Despite these figures, BlackRock has not set specific reduction targets or initiatives as part of their climate commitments. The company has disclosed its emissions data but lacks documented reduction targets or pledges, indicating a need for further action in addressing its carbon footprint. Overall, BlackRock's emissions profile highlights the significant impact of Scope 3 emissions, particularly from purchased goods and services, underscoring the importance of supply chain management in their climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,756,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,409,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Blackrock is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
