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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 key player in the financial intermediation services sector, specifically focusing on investment management and risk management solutions.
The firm offers a diverse range of products and services, including mutual funds, exchange-traded funds (ETFs), and alternative investments, distinguished by its innovative use of technology and data analytics. BlackRock's proprietary Aladdin platform sets it apart, providing clients with comprehensive risk assessment and portfolio management tools.
With a strong market position, BlackRock is recognised for its significant assets under management, making it one of the largest investment firms globally. Its commitment to sustainability and responsible investing further enhances its reputation in the financial industry.
+17 vs industry average
Blackrock’s score of 54 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
BlackRock's latest disclosed emissions data for 2024 shows total reported emissions of approximately 2,668 billion kg CO2e. This includes Scope 1 emissions of approximately 296 billion kg CO2e, Scope 2 emissions of approximately 63 billion kg CO2e, and Scope 3 emissions of approximately 2,302 billion kg CO2e. In 2023, BlackRock's total reported emissions were approximately 2,509.3 billion kg CO2e, comprising Scope 1 emissions of approximately 269.4 billion kg CO2e, Scope 2 emissions of approximately 61.1 billion kg CO2e, and Scope 3 emissions of approximately 2,178.8 billion kg CO2e.
BlackRock has several climate commitments. They aim to reduce their Scope 1 and Scope 2 emissions by 67% by 2030, using a 2019 baseline. Furthermore, BlackRock aims to reduce its Scope 1 emissions by 20% and Scope 2 emissions by 20% from a 2019 baseline by 2025. They also have a target to achieve net-zero emissions across their operations by 2030. In 2021, The BlackRock Foundation committed $100 million to Breakthrough Energy’s Catalyst Program to help accelerate climate solutions for achieving net-zero emissions by 2050.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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