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 Energy Data Preview

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)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

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.

BlackRock's Energy Renewability Rate

100%

How much of BlackRock's energy consumed is renewable?

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.

Are BlackRock's energy practices becoming more sustainable?

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, BlackRock’s 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.

BlackRock's Renewable vs Non-renewable Energy Over Time

300.01 k100.01 k99.99 k300.01 kGigajoules (GJ)2019202020212022100%100%100%100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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