BlackRock Financial Management, Inc., commonly known as BlackRock, is a leading global investment management firm headquartered in the United States. Founded in 1988, BlackRock has established itself as a powerhouse in the financial services industry, with a strong presence in major operational regions including North America, Europe, and Asia-Pacific. Specialising in asset management, risk management, and advisory services, BlackRock offers a diverse range of products, including mutual funds, exchange-traded funds (ETFs), and alternative investments. Its innovative approach to investment technology, particularly through its Aladdin platform, sets it apart in the competitive landscape. With over $9 trillion in assets under management, BlackRock is recognised as the world's largest asset manager, consistently achieving notable milestones in sustainable investing and client service excellence.
How does BlackRock Financial Management, Inc'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.
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.
BlackRock Financial Management, Inc's score of 43 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest reporting, BlackRock Financial Management, Inc. does not have specific carbon emissions data available, indicating a lack of disclosed emissions figures for the most recent year. The company is a current subsidiary of BlackRock, Inc., which may influence its climate-related initiatives and commitments. While no specific reduction targets or achievements are listed for BlackRock Financial Management, Inc., it is important to note that emissions data may be cascaded from its parent company, BlackRock, Inc. This relationship suggests that any climate commitments or performance metrics may align with those of the parent organisation. BlackRock, Inc. has been active in various climate initiatives, including participation in the Carbon Disclosure Project (CDP), which may provide insights into broader corporate climate strategies. However, without specific emissions data or reduction targets from BlackRock Financial Management, Inc., it is challenging to assess its individual impact or commitments in the context of climate change. In summary, while BlackRock Financial Management, Inc. currently lacks detailed emissions data and specific reduction initiatives, its affiliation with BlackRock, Inc. may play a role in shaping its climate commitments and strategies moving forward.
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 | 000,000,000,000 |
| 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 | 0,000,000,000,000 |
BlackRock Financial Management, Inc's Scope 3 emissions, which increased significantly last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BlackRock Financial Management, Inc has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.