In 2022, BlackRock disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
BlackRock disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
However, BlackRock did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2022, BlackRock consumed a total of 272,736 Gigajoules of energy across its operations. Of this total, 100% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 0% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2022, BlackRock consumed a total of 272,736 Gigajoules of energy, of which 100% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This high level of renewable energy use suggests that BlackRock has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Since 2019, BlackRock's total energy consumption increased by 7.3%, including a 15.46% increase in 2022, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in BlackRock's mix has remained stable both in the long term and in 2022, indicating consistency in renewable sourcing with limited change.
Overall, BlackRockās energy demand is increasing, yet its renewable energy share has remained flat. This suggests limited progress in decarbonizing its energy mix despite higher energy usage.