Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
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.
54
DitchCarbon score
+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.
Part of the Sustainability team at Blackrock?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Blackrock's reported carbon emissions
BlackRock's latest disclosed emissions data indicates a total of approximately 2.658 trillion kg CO2e for 2024. This includes about 296 billion kg CO2e from Scope 1 emissions, 63 billion kg CO2e from Scope 2 emissions, and 2.302 trillion kg CO2e from Scope 3 emissions.
In 2023, BlackRock reported total emissions of approximately 2.509 trillion kg CO2e. This comprised around 269.4 billion kg CO2e for Scope 1, 61.1 billion kg CO2e for Scope 2, and 2.178 trillion kg CO2e for Scope 3 emissions.
BlackRock has several climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions by 67% by 2030, using a 2019 baseline. Furthermore, BlackRock intends to reduce its Scope 1 and Scope 2 emissions by 20% from a 2019 baseline by 2025. The company also states an aim to achieve near-zero Scope 1 and Scope 2 emissions by 2025. Additionally, BlackRock aims for net-zero emissions across its operations by 2030 for both Scope 1 and Scope 2. BlackRock has also committed to accelerating the development of climate solutions to achieve net-zero emissions by 2050 through its philanthropic commitments.
Assessing Blackrock as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Blackrock and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
Blackrock’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Blackrock3 months ago
54
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more