In operating its own business, BlackRock pursues a sustainability strategy that is focused on reducing GHG emissions associated with its facilities, data centers, and upstream value chain, and addressing emissions it cannot yet reduce through market solutions such as renewable energy, Sustainable Aviation Fuel (“SAF”), and carbon credits.
In 2025, BlackRock continued to drive progress in its operational sustainability strategy by employing energy efficiency strategies, achieving its 100% renewable electricity match goal,1 and expanding its SAF, carbon credit, and Supplier Sustainability programs.
Underpinning BlackRock’s operational sustainability strategy, the firm is working towards the following science-aligned emissions reduction goals (relative to a 2019 baseline) which are currently under review: (i) 67% reduction of Scope 1 and 2 emissions by 2030; (ii) 40% reduction in Scope 3 business travel emissions by 2030; and (iii) engagement of suppliers representing 67% of the firm’s emissions (estimated based on spend) to set science-aligned goals by 2025.
