BlackRock Inc

Common Name
BlackRock
Country
United States
Sector
Financial Services
Industry
Asset Management
Employees
22,600
Ticker
BLK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
BlackRock Inc. is a global investment management corporation renowned for its comprehensive array of investment and advisory services. Founded in 1988, the firm has emerged as one of the world's large...

BlackRock's Climate Target Data Preview

As of 2023, BlackRock has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into BlackRock ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into BlackRock's Greenhouse Gas Emissions Pathways

As of 2023, BlackRock has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does BlackRock have a target to reduce the emissions from its operations?

As of 2023, BlackRock has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

BlackRock's most ambitious operational target is to reduce these emissions by 67% by 2030, compared to a baseline of 9,133 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, BlackRock is lagging behind on its operational emissions reduction target, having achieved 14.31% of the planned reduction.

BlackRock's Operational (Scope 1+2) Emissions Pathway

20192023203002.5 k5 k7.5 k10 kCurrent (-10%)Target 2030 (-67%)

Does BlackRock have a target to reduce the emissions from its value chain?

As of 2023, BlackRock has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

BlackRock's most ambitious value chain target is to reduce these emissions by 40% by 2030, compared to a baseline of 47,246 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, BlackRock is lagging behind on its value chain emissions reduction target, having achieved 2.78% of the planned reduction.

BlackRock's Value Chain (Scope 3) Emissions Pathway

201920232030015 k30 k45 k60 kCurrent (-1%)Target 2030 (-40%)
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