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 44 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Blackrock's reported carbon emissions
In 2023, BlackRock reported total carbon emissions of approximately 30,189,000 kg CO2e, comprising 90,000 kg CO2e from Scope 1, 15,680,000 kg CO2e from Scope 2, and 23,464,500 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from capital goods (34,620,000 kg CO2e) and business travel (46,720,000 kg CO2e). Over the years, BlackRock has demonstrated a commitment to addressing climate change, although specific reduction targets have not been disclosed. The company has reported emissions data across various scopes, including Scope 1 and 2 emissions of approximately 33,165,000 kg CO2e in 2014, which indicates a focus on transparency in their carbon footprint. Despite the absence of formal reduction targets or initiatives, BlackRock's ongoing emissions reporting reflects an awareness of their environmental impact and a commitment to sustainability. The company continues to engage with climate-related disclosures, aligning with industry standards to enhance accountability in their climate commitments.
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 | 00,000,000 |
| 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 committed to any reduction initiatives 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.
