BlackRock

Profile In-Progress
Target year
2050
Alignment with target-setting standards
UNFCCC Race to Zero
Target Status
Formally Adopted
Terminology Tags
  • Net-Zero Pledge
  • Interim Targets
  • Pathways
  • About
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Interim Targets

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

About

Profile in-progress

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Southern Company Services

0% Progress
Target year: 2050
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Target year: 2050
Type of Pledge: Net-Zero
Scope emissions: Scope 1, Scope 2, Scope 3