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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, a financial intermediation services firm headquartered in the US, has reported its carbon emissions for several years. In 2024, their total emissions were approximately 320 billion kg CO2e. For 2023, total emissions were about 2.5 billion kg CO2e, comprising approximately 269.4 billion kg CO2e for Scope 1, 61.1 billion kg CO2e for Scope 2 (market-based), and 2.18 trillion kg CO2e for Scope 3.
The company has established several emissions reduction targets. BlackRock aims to achieve near-zero Scope 2 emissions by 2025. They also target a 20% reduction in Scope 1 emissions and a 20% reduction in Scope 2 emissions from a 2019 baseline by 2025. Additionally, BlackRock has set a science-aligned target to reduce Scope 1 and 2 emissions by 67% by 2030, using 2019 as the baseline year. A long-term goal includes achieving net-zero emissions across operations by 2030. In 2021, BlackRock committed $100 million to accelerate the development of climate solutions to achieve net-zero emissions by 2050.
Access structured emission data, company specific factors and auditable source documents
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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