Blackrock

Blackrock's reported carbon emissions

BlackRock's carbon emissions reporting details for fiscal year 2023 show a total Scope 1 emission of approximately 269.4 billion kg CO2e and Scope 2 emissions (market-based) of approximately 8.26 million kg CO2e. Scope 3 emissions for the same year were approximately 2.18 trillion kg CO2e, with significant contributions from purchased goods and services (about 234.6 billion kg CO2e) and capital goods (about 34.6 billion kg CO2e). The combined Scope 1 and 2 emissions (market-based) for 2023 were approximately 8.27 million kg CO2e. For fiscal year 2024, the reported Scope 3 emissions stand at approximately 47.7 million kg CO2e, and Scope 1 and 2 emissions combined are approximately 7.93 million kg CO2e. BlackRock has set ambitious climate commitments. The company aims to achieve near-zero Scope 1 and Scope 2 emissions by 2025. Furthermore, BlackRock has established science-aligned targets, aiming for a 67% reduction in Scope 1 and 2 emissions by 2030, using a 2019 baseline. They also have a target to reduce Scope 1 emissions by 20% and Scope 2 emissions by 20% from a 2019 baseline by 2025. BlackRock also aims to achieve net zero emissions across its operations by 2030. The company is also committed to achieving net zero emissions by 2050, evidenced by their philanthropic commitment to Breakthrough Energy’s Catalyst Program. BlackRock's HQ is located in the US.