BlackRock

Asset Management & Custody Banks
BLK
$ 738 0.2
Share price
$ 111 bn
Market Cap
$ 114 bn
Enterprise Value

Carbon footprint

0.06 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2021
How is this calculated?
+20%
YOY change in GHG emissions
Stronger than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

BlackRock aims to reduce Scope 1 + 2 by 67% by 2035 from a base year 2019


This target has not been verified as science based according to SBTi
BlackRock's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

BlackRock's GHG emissions (market-based) (Kt of CO2e)
BlackRock's Carbon intensity (Tons per 1 USDm)

BlackRock's carbon footprint

BlackRock reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 6.6 Kt (+1.1/+20% y-o-y). Carbon intensity also remained flat at 0.3 t.

BlackRock's Scope 3 emissions grew to 286 Kt (+53/+23% y-o-y). The growth rate declined vs. the previous periods (CAGR +43% since 4Q'17).

The company is committed to reducing Scope 1 + 2 by 67% by 2035 from a base year 2019, which translates into the estimated reduction of -0.24 Kt per annum over the period of FY2022 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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