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.
Photo of BlackRock's CEO, Larry Fink
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As part of helping our clients to align their investments to Net Zero, we are proud to invest in sustainable infrastructure across the UK; from wind farms in Grimsby to solar power production in Pembrokeshire, which power 1.8 million British homes each year.

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Sarah Melvin Head of UK and Ireland

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 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.

Every great idea,
Every breakthrough,
Started with a question
Someone asked the why
Poked holes in the way things are,
To see what they could become.
And right now, the world is facing some big questions.
About how to push forward without leaving people behind.
How to break with the past and create a better future.
So on behalf of more and more people,
BlackRock is asking bigger questions.
Bolder questions.
Questions that challenge convention
And give rise to new thinking.
Questions like:
How can valuing workers more lead to greater company value?
How can the economy go green, without putting communities in the red?
Because the bigger questions we ask, the bigger actions we can take.
Helping us tackle the biggest question of them all:
How can we all prosper?
BlackRock.
Ask Bigger Questions

These actions are just a start.

There’s a long and complex journey ahead. That’s why we will continue to ask bigger questions – of ourselves, our industry, and society at large. Because the bigger the questions we ask now, the bigger the actions we can take - together.