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Corporate sustainability

BlackRock’s purpose is to help more and more people experience financial well-being. In pursuit of our purpose, we focus on the long-term sustainability of BlackRock so we can continue to deliver value to our shareholders, employees, communities and clients.

Below you will find information on how we deliver value to our shareholders, employees and communities.

To gain further insights into how we invest on our clients’ behalf to help them meet their investment objectives, delve deeper into our fiduciary approach by exploring it here

We are committed to transparency 

BlackRock is committed to providing meaningful information to stakeholders, including information related to sustainability. Effective disclosure can lead to a better understanding of how companies are managed for the benefit of all stakeholders. See BlackRock's Corporate Sustainability disclosures in the Shareholders tab.

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We implement effective corporate governance

BlackRock believes that a strong corporate governance framework is critical for running a sustainable business. Our corporate governance framework is a set of principles, guidelines and practices that support consistent financial performance and long-term value creation for our shareholders.

Corporate governance



Corporate sustainability disclosures

TCFD Report

2022 Sustainability Disclosure (SASB-aligned)

Other disclosures

2023 Operating Principles for Impact Management Disclosures

2022 Proxy statement

SFDR Principal Adverse Sustainability Impact Statement - BAMIL

SFDR Sustainability Risk Statement

BlackRock’s Supplier Code of Conduct & Ethics

Spotlight on Board diversity at BlackRock

BlackRock and its Board of Directors believe diversity in the boardroom is critical to the success of BlackRock and its ability to create long-term value for our shareholders. In our experience, greater diversity in the boardroom contributes to more robust discussions and more innovative and resilient decisions. Over time, greater diversity in the boardroom can also promote greater diversity and resilience in the leadership team, and the workforce more broadly. Highly qualified, engaged directors with professional characteristics relevant to our business enhance the ability of the Board to add value and be the voice of shareholders in Board discussions. The Board has and will continue to take into consideration diversity in gender, race/ethnicity, age, career experience, sexual orientation and nationality – as well as diversity of mind when considering Director candidates. The diverse backgrounds of our individual Directors help the Board better oversee BlackRock’s management and operations and assess risk and opportunities for the Company’s business model from a variety of perspectives. BlackRock’s commitment to Board diversity enhances the Board’s involvement in our Company’s multi-faceted long-term strategy and inspires deeper engagement with management, employees and clients around the world.

Board diversity at BlackRock

We are committed to delivering long-term financial performance

By focusing on the key elements of our business that we can control, we look to generate differentiated and sustainable organic growth, and demonstrate the benefits of scale through operating leverage while re-investing in our business for future growth. In addition, we are committed to returning excess cash to shareholders through a consistent capital management strategy.

Total return since BlackRock’s IPO

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Source: S&P Global. The performance graph is not necessarily indicative of future investment performance.

Over the past five years, we delivered 57% in total return for shareholders. And we delivered 7,700% since we went public in 1999.

We prioritize human capital

As an asset manager, the long-term sustainability of our firm is heavily dependent on our most important investment – the one we make in our people. That’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive. We are committed to protecting the human rights of our employees through policies that seek to provide equal treatment. We are also dedicated to providing a safe and healthy working environment for all employees.

Human capital

Health and safety

We work as One BlackRock

Our philosophy of working as One BlackRock is at the core of our commitment to diversity, equity, and inclusion (DEI). A diverse workforce is indispensable to our creativity and success. It’s how we answer the biggest questions and solve the toughest problems. An inclusive, equitable environment makes us thrive. It enables us to draw on expertise and unique experiences from across the firm and bring out the best in each other.

Inclusion and diversity

Our commitment in action

In the US, we disclose our consolidated EEO-1 reports for the US workforce.

In the UK, we disclose our gender pay gap. In accordance with UK government requirements, all organizations with 250+ employees must report their gender pay data. In our report, we outline the steps we are taking to increase the number of women in our senior-most ranks, and across the firm in general.

2021 Consolidated EEO-1 Reports

Female Employees
Female New Hires in 2022
Female Senior1 Leaders
Female Senior1 Leader New Hires in 2022
Ethnic Minority New Hires in 2022 in the US
(Using the ‘plus’ methodology)2

Hiring and representation data as of January 1, 2023.

1. Defined as Director and above. 

2. The “plus” system methodology allows for employees to be represented in multiple racial/ethnic groups and thus, the sum total is greater than 100%.

We support our employees’ well-being

We care about our employees’ physical, emotional and financial well-being and design our benefits to support employees across many aspects of their lives. To help employees stay energized, engaged and inspired, we offer a wide range of benefits including, where applicable, a strong retirement plan, support for working parents and Flexible Time Off (FTO).

Rewards and benefits

We provide learning and development opportunities

Our learning and development goals center around our investment in our employees, where we are focused on deepening a culture of learning through personalized, intuitive, and inclusive employee experiences to drive career and business impact. Our human capital management practices are designed to provide opportunities for our employees to grow and thrive at every stage of their career: as they join, as they grow, as they need, and as they advance. From in-person and virtual experiences to self-paced digital learning for all employees, through to more selective leadership development programs, our culture of learning helps us identify and grow our leaders from within. Supporting our employees' development is key to our mission to help more and more people experience financial well-being.

Learning and development

We lead with ethics and integrity

Our reputation is one of our most important assets. We hold ourselves to standards that not only meet those required by the laws and regulations that apply to us, but also match our principles, which are rooted in exceeding our clients’ expectations.

Ethics and integrity

As a Participant of the United Nations Global Compact, BlackRock considers methods to implement practices that align its corporate operations with the universal principles on human rights, labor, environment and anti-corruption.

We create positive social impact by serving our communities

We partner with nonprofits through the BlackRock Foundation to help more people build financial security and benefit from the transition to a low-carbon future. And we support employee engagement programs to help our colleagues access the tools and opportunities they need to be drivers of local impact in their own communities. 
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We manage the environmental impact of our own operations

BlackRock pursues a corporate sustainability strategy that is focused on reducing greenhouse gas (GHG) emissions of BlackRock’s operations and increasing the efficiency of BlackRock’s operations, where possible. The firm will continue to focus on finding ways to leverage low-carbon solutions, such as renewable electricity to power its operations and using sustainable aviation fuel, where possible.

Environmental sustainability

We work with diverse and sustainable vendors

BlackRock's expectations of our suppliers and global providers are outlined in its Supplier Code of Conduct and Ethics ("Code"). We have aligned our Code with our broader sustainability and diversity & inclusion commitments and have a set of recommendations for all vendors to consider as business practices.

Doing business with BlackRock