SUSTAINABILITY AT BLACKROCK

From ambition to action - the path to net zero

We are asking bigger questions to spark new ideas and innovations together on the road to net zero. We’re committed to an inclusive, equitable, and prosperous transition for all.

Capital at risk. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.

The impact of climate change poses not only environmental risk but investment risk. (Capital at Risk)

This year, we’ve taken steps globally to mitigate those risks and help the world transition to net zero including:

The BlackRock Foundation is giving $100 million to the Breakthrough Energy Catalyst programme to fund innovation in clean energy and combat climate change

We’re building partnerships with companies that can accelerate the transition.

We’re helping developing countries build green energy infrastructure, and putting our clients’ money to work in renewable power sources.

The transition to a net zero world is the shared responsibility of every citizen, corporation and government. We all have a role to play.

To learn more about how we’re advancing sustainability, visit blackrock.com/sustainability

The action we’re taking

We believe that the transition to a net zero world is the shared responsibility of every citizen, corporation, and government. Learn about the steps we’re taking to mitigate the risks of climate change and help the world transition to net zero.

Why is net zero important?

Climate risk is investment risk
Climate risk will fundamentally reshape finance and drive a significant reallocation of capital.
The transition creates opportunity
The net zero transition will create risks, but also a historic investment opportunity.
A successful transition benefits the world
We believe a successful and orderly net zero transition is in the financial interest of both our clients and the economy as a whole.

To lead the change, we have to keep changing

In January 2021, we committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner – and announced a number of steps to help our clients navigate the transition. Explore our commitments, and read the latest letter from BlackRock Chairman and CEO, Larry Fink.

What are we doing to advance sustainability at BlackRock ?

Innovating with our products and technology

* This is inclusive of multiple different implementations across various vehicles and jurisdictions.

Engaging with companies 

By developing expert research and insights

Leading by example through our business and philanthropy

Our partners on the path to net zero 

  • We attended the UN Climate Change Conference (COP26) in November 2021 to help accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change. Listen to our main takeaways.

  • We are a founding member of the Task Force on Climate-Related Financial Disclosure (TCFD) and a member of the Taskforce on Nature-related Financial Disclosures (TNFD) because we believe that consistent, high quality, and material data are critical to assessing sustainability risks and opportunities and transitioning to net zero.

  • As a signatory of the Net Zero Asset Managers Initiative, we are one of 100+ asset managers committed to aligning the financial sector and supporting the goals of the Paris Agreement. 

  • As a member of the Glasgow Financial Alliance for Net Zero, we are working with over 160 financial firms to accelerate the transition to net zero and are co-leading GFANZ’s work on sectoral decarbonization pathways.

  • We have joined Climate Action 100+ to help ensure the world’s largest greenhouse gas emitters take necessary action on climate change.