hެTmHSa>w�{�yq�˦���%���!�:���� :���A����USo�Ej5�2�&b?� Ă�&���}I`*P0��v��ׅ�=��9���p Q �m �� ��8��$X�d2@��wI�Lյ�o��o�Iy��[���&ݐ`��"DZ�qOG��Ż�PN;���C������T���:��V�˭��ѥ�n�a�ᵵ�r[�5�4*�k�~V�n���+;��\p�����R�&�L�i3T�g4���A���"q��I6㓡�7S���fc|�ߓ�\�=��%o7 A wider … 0000043111 00000 n on. When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset manager. Annual Report (Interactive) (12/31/2019) PDF Format Download (opens in new window) Proxy Statement (4/12/2019) PDF Format Download (opens in new window) PDF 4.56 MB. 0000003010 00000 n In operating our business, BlackRock pursues a sustainability strategy that seeks to decouple company growth from our impact on the environment, while increasing the efficiency and resiliency of our operations. Breaking News. 0000003562 00000 n BlackRock said it would "expect a return to companies focusing on material sustainability management and reporting in due course." While BlackRock has made some notable progress in the above areas, change has been lacking in others. Building better futures through sound environmental management is important to our employees, clients and other stakeholders, and key to securing our future. When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset . BlackRock, Inc. operates as an investment management firm in the United States. 3169 0 obj <>stream Today, BlackRock published our Q3 Global BlackRock Investment Stewardship (BIS) report, which provides insight into the work of our stewardship team over the quarter.The report discusses how enabling investors to better identify, assess, measure and monitor sustainability-related risks is crucial to our role as stewards for our clients’ capital. 2020 Proxy Statement PDF. admin. The firm employs more than 8,500 professionals and maintains offices in 24 countries around the world. As a result, we would expect sustainable companies to be more resilient during downturns. BlackRock’s sustainability ‘report card’ one year from Fink’s annual letter. 0000039601 00000 n “Investors are galvanised around sustainability as a critical consideration in managing immediate and future risks, and better data is foundational to this,” said Mary-Catherine Lader, head of Aladdin sustainability at BlackRock. BlackRock’s sustainability ‘report card’ one year from Fink’s annual letter Financial Times - Attracta Mooney. Pledged shake-up delivers improved grades but asset manager could do better . 0000039642 00000 n As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most … Proxy … Who we are. The company manages assets for clients in North and South America, Europe, Asia, Australia, the Middle East and Africa. admin. Clarity AI uses big data and machine learning to create actionable sustainability and impact insights and expand these to a uniquely broad universe of companies, countries and local governments. By. BlackRock has been criticized by sustainability advocates for not strongly supporting other shareholder proposals on sustainability, which could change in 2021, Ms. Edkins said. BlackRock also … With global warming driving a “fundamental reshaping of finance”, Mr Fink said it was time for BlackRock to put sustainability at the heart of how the $8.7tn fund house invests. We’re taking action to contribute to a more equitable, financially resilient future for all. BlackRock, the world’s biggest fund manager, has put its shoulder behind the creation of a single set of global sustainability reporting standards. endstream endobj 3168 0 obj <>/Filter/FlateDecode/Index[229 2917]/Length 77/Size 3146/Type/XRef/W[1 1 1]>>stream In a stewardship document provided by a BlackRock spokesman late on Tuesday, the firm suggested it would tolerate the change. BlackRock representatives did not provide more details or make executives available for further comment on Tuesday. The company manages assets for clients in North and South America, Europe, Asia, Australia, the Middle East and Africa. © 2021 BlackRock, Inc. All rights reserved. BlackRock’s Aladdin platform last year added 1,200 sustainability metrics and established data partnerships to help investors understand ESG and physical climate risks and opportunities. BlackRock, the world's largest investment firm, will put sustainability at the center of its investment strategy going forward, according to CEO Larry Fink's annual letter to chief executives. The firm employs … 0000003601 00000 n “BlackRock is calling for convergence of the different private-sector reporting frameworks and standards to establish a globally recognised and adopted approach to sustainability reporting,” the $7.8tn New York-headquartered group said on 29 October. … 0000004102 00000 n 0000002181 00000 n But we have yet to see a systemic shift in how the firm approaches sustainability. Europe's banks have a way to go on sustainability - BlackRock study. BlackRock backs harmonising sustainability reporting rules Source: Reuters , 14 October 2020 (Reuters) – BlackRock BLK.N, the world’s biggest asset manager, said it supports harmonising sustainability accounting rules and standards globally so investors can better track how companies are transitioning to a lower-carbon economy. %PDF-1.4 %���� 0000001937 00000 n The support is timely. 0000003716 00000 n 2019 Annual Report PDF Interactive Report. US. Corporate social responsibility (CSR) and Environment, Social, Governance (ESG) sustainability data for BlackRock, Inc., Brokerage & Capital Markets and USA. �{A���d�/uț�V�!��IyY�H�_? […] <]/Prev 1122260/XRefStm 1705>> January 23, 2021 No comment. BlackRock has taken a minority stake in sustainability analytics and data science platform Clarity AI. 2018. Click here for more information on BlackRock's carbon footprint. BlackRock has worked with data providers Sustainalytics and Refinitiv to develop the software and claims it offers more than 1,200 key performance indicators relating to environmental, social and governance (ESG) metrics. This long-term view comes to life in our commitment to saving, protecting, and restoring our natural environment by better managing our resources in the operations of our business. BlackRock’s sustainability ‘report card’ one year from Fink’s annual letter. ; BlackRock's policies mean it can invest in … Our corporate design standards track closely to green certifications criteria in order to meet best-in-class sustainable building standards. Indeed, sustainability has yet to be mainstreamed into the firm's core business practices. In the first major test of BlackRock Inc.’s commitment to use its vast influence and resources to fight climate change, the asset manager showed a capacity both for combativeness and restraint. 0 BlackRock is a global investment manager and our purpose is to help more and more people experience financial well-being. Set to Censure Doug Ducey, Cindy McCain and Jeff Flake; Dr. … When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset manager. When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset manager. Click here for the 2019 Independent Assurance Statements for BlackRock Inc.'s GHG Inventory, 1 In June 2020, we achieved our 100% renewable energy goal to match the same amount of renewable electricity as the electricity that our global operations (including data centers) consume annually through procuring renewable energy directly where possible, contracting directly for renewable energy wherever possible (approximately 50%), and through purchasing environmental attribute credits where we do not have operational control or renewable energy is not available. Taking action to contribute to a more equitable, financially resilient future for all management firm in the year,! Return to companies focusing on material sustainability management and reporting in due course. various. In 24 countries around the world portfolio construction and trading solutions here for more information on BlackRock carbon... 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