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SUSTAINABILITY AT BLACKROCK

Our 2020 sustainability actions

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This past January, BlackRock wrote to clients outlining our conviction that sustainability risk – and climate risk in particular – is investment risk. We committed to making sustainability a key component of the way BlackRock manages risk, constructs portfolios, designs products, and engages with companies. Here are a few highlights from this year:

  • Integrating ESG

    The firm delivered on its goal of having 100% of our approximately 5,600 active and advisory BlackRock strategies ESG integrated – covering U.S.$2.7 trillion in assets 1 .

  • Increasing access

    BlackRock introduced 93 new sustainable solutions in 2020, helping clients allocate U.S.$39 billion to sustainable investment strategies, which helped increase our sustainable assets by 41% from December 31, 2019.

  • New climate risk tools

    Aladdin Climate launched, setting a new standard for assessing environmental risks across asset classes in investment portfolios.

  • Improving ESG data

    BlackRock added 1,200 sustainability metrics to Aladdin and established data partnerships with Sustainalytics, Refinitiv and Rhodium to understand ESG and physical climate risks.

  • Pioneering sustainability

    BlackRock pioneered new sustainable strategies with the first dedicated ESG solution in Mexico and, in the U.S., the first index-based target-date ESG funds, and the first suite of single-ticker ESG asset allocation ETFs.

  • Intensifying engagement and transparency

    244 companies risk voting action in 2021 absent significant progress on climate; more than 50 Vote Bulletins improved our transparency on high-profile votes.
Our sustainability survey
This past year we extended a sustainability survey to 425 clients across 27 countries representing an estimated U.S.$25 trillion in assets under management. These clients shared with us their insights, expectations, and outlook for the future of sustainable investing.
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