BlackRock Real Estate, a division of BlackRock, Inc., is a leading player in the global real estate investment sector, headquartered in Great Britain. Founded in 1988, BlackRock has grown to become one of the largest asset management firms worldwide, with a significant presence in key markets across Europe, North America, and Asia. Specialising in a diverse range of real estate investment strategies, BlackRock Real Estate offers unique products and services, including direct property investments, real estate securities, and private equity real estate. The firm is renowned for its data-driven approach and innovative investment solutions, which set it apart in a competitive landscape. With a strong market position, BlackRock Real Estate has achieved notable milestones, including substantial assets under management and recognition for its commitment to sustainability and responsible investing.
How does BlackRock Real Estate'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 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 Real Estate's score of 7 is lower than 100% 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 Real Estate does not have specific carbon emissions data available, indicating a lack of disclosed emissions figures for the most recent year. The organisation is a current subsidiary of BlackRock, Inc., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or specific climate pledges from BlackRock Real Estate, it is important to note that emissions data and performance metrics may be inherited from its parent company, BlackRock, Inc. This relationship suggests that any climate commitments or emissions reductions may align with the broader strategies of BlackRock, Inc., which is actively engaged in sustainability initiatives. BlackRock, Inc. has been involved in various climate-related initiatives, including participation in the Carbon Disclosure Project (CDP), which may provide insights into their overall emissions performance and climate strategy. However, specific details regarding reduction targets or achievements for BlackRock Real Estate remain unspecified. In summary, while BlackRock Real Estate currently lacks specific emissions data and reduction targets, its affiliation with BlackRock, Inc. may play a significant role in shaping its climate commitments and sustainability efforts in the future.
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 |
BlackRock Real Estate's Scope 3 emissions, which decreased by 2% last year and increased by approximately 578% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 70% of Scope 3 emissions.
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 Real Estate 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.