BlackRock
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Reliance on self-reported data to questionnaires and industry bodies
- Inconsistent collection, management, and distribution of ESG data
- Disparate approaches to measure and report ESG information to investors
Mitigation Strategies
- Encourage standard ESG factor disclosure by companies within a consistent global reporting framework
- Establish safe harbor provisions that ensure that companies which initiate ESG factor reporting do not face retrospective litigation
- Monitor to ensure that, where regulation is in place, it is designed and implemented to achieve the actual prescribed policy objectives
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Principles for Responsible Investment (PRI), CDP (formerly the Carbon Disclosure Project), Global Reporting Initiative (GRI), International Integrated Reporting Council (IIRC), Global Impact Investing Rating System (GIIRS), Sustainability Accounting Standards Board (SASB)