BlackRock – Interim Target A

Emissions reduction target
by
2030
Description of Interim Target

BlackRock recently announced that 75% of its assets will be ‘net-zero aligned’ by 2030, this is a projection rather than a target (https://www.blackrock.com/corporate/about-us/our-2021-sustainability-update/2030-net-zero-statement). The interim target remains at 50% reduction by 2030, as required by the NZAMI (https://www.netzeroassetmanagers.org/commitment/), which they’re a part of. Note that the NZAMI target is worded as ‘consistent with a fair share of the 50% global reduction in CO2’, so the target isn’t necessarily 50%, but it’s most likely to be interpreted as such. Other interim targets include: – Reduce emissions per employee by 45% by 2020 – 100% renewable energy globally by 2020 – Offset 100% of travel-related emissions by 2020

  • Interim Target Baseline Year: 2020
% reductions committed to
50
Interim Target
Emissions reduction target
Baseline Emissions