BlackRock

Asset Managers

BLK

$ 648 3.7

Share price

$ 98 bn

Market Cap

$ 102 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2021

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

GHG emissions and Carbon intensity

BlackRock reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 4.3 Kt (-1.3 /-23.3% y-o-y).

BlackRock's Scope 3 emissions surged to 233 Kt (+183/+365% y-o-y). There has been no clear trend lately.

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 -0.16 Kt per annum over the period of FY2021 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	4.3	3.3	1	233
2019Q4	5.6	5.6	0	50
2018Q4	9.6	4.8	4.8	56
2017Q4	10	5.1	5.4	47
2016Q4	20	4.3	15
2015Q4	28	4.8	23

BlackRock

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

BlackRock's carbon footprint

Company environmental metrics