BlackRock Inc

Investment Banking & Investment Services

Company Summary

BlackRock, a global investment management firm, has made significant commitments to ESG principles, focusing on sustainable investment and corporate governance. The company has pledged to achieve net-zero emissions across its investment portfolio by 2050 and is a leader in promoting climate-conscious investments. BlackRock’s ESG rating reflects its substantial investments in green bonds and sustainable energy projects. However, BlackRock has faced criticism for its previous investments in fossil fuel companies and its influence on corporate governance, raising concerns about the depth of its commitment to sustainable business practices. While the company has taken steps toward improving diversity and transparency, its ESG score reveals that it must continue to address the criticisms surrounding its investment choices. For further insights into BlackRock’s sustainability efforts, review the latest BlackRock ESG report, which outlines its achievements and areas of improvement.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

18.2
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Diversified Financials144 out of 875
Universe
Global Universe3377 out of 15104

Overall ESG Rating :

77
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E95S79G70

Overall ESG Rating :

A
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

Blackrock is average among 30 companies in the asset management & custody banks industry.

Temperature Rise :

1.5℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned

News from BlackRock Inc

FAQ

What is BlackRock's ESG rating?

BlackRock holds an MSCI ESG rating of "AA," underscoring its leadership in responsible investment practices.

How does BlackRock integrate ESG factors into its investments?

What are BlackRock's ESG investment products?