BlackRockilta Aladdin Climate -työkalu ilmastoriskien arvioimiseen

BlackRock Unveils New Offering to Power Investors’ Transition to Net Zero Emissions

“Aladdin Climate" Sets New Standard in Providing Investors Actionable Security-Level Data on Climate Risk 

New Partnerships with Sustainalytics and Refinitiv Add to ESG Data Indicators Available Through Aladdin 

December 1, 2020, New York, NY – Building on BlackRock’s strength in risk management through the Aladdin platform, BlackRock today announced it has created Aladdin Climate, to meet the urgent need among financial institutions and investors to quantify climate risk in their portfolios as the physical toll of climate change mounts and the global transition to net zero emissions accelerates.

Aladdin Climate is the first tool to offer investors measures of both the physical risk of climate change and the transition risk to a low-carbon economy with climate-adjusted security valuations and risk metrics. Using Aladdin Climate, investors can now analyze climate risk and opportunities at the security level, and measure the impact of policy changes, technology and energy supply on specific investments. Aladdin Climate is initially available as an add-on for existing Aladdin clients globally, with coverage of U.S. real estate, mortgage-backed securities, and municipal bonds. Coverage will expand across asset classes and geographies over time.

“There is no single issue that clients ask us more about than the impact of climate risk on their portfolio,” said Rob Goldstein, Chief Operating Officer at BlackRock, and Head of BlackRock Solutions. “Yet, while lots of people are talking about climate risk today, what investors need to make informed decisions is data tied to specific securities in their portfolio. Aladdin Climate is a dramatic step forward, providing investors a tool to begin filling the information gap necessary to build truly sustainable portfolios.”

Evolution of ESG Data

Investors have long highlighted the need for improved ESG data to increase sustainable investing strategies. Now, the dramatic growth in relevant corporate disclosures and unstructured data has created unprecedented opportunities to enhance climate analytics. Today, more than 85% of S&P 500 companies disclose ESG data, compared to 20% ten years ago. And since BlackRock’s January letter to CEOs urged companies to report under the Sustainability Accounting Standards Board’s (SASB) framework, SASB disclosures have increased more than 400%.  

More and more organizations seek to report on climate risk, whether for mandatory stress tests or voluntary disclosures such as the Task Force on Climate-related Financial Disclosures (TCFD), but have lacked tools that quantify climate risk. Aladdin Climate will help clients stress test investments to estimate how they might perform in different climate scenarios like those outlined in the Paris Agreement.

“We are building on BlackRock’s strength in financial modeling and risk management to set a standard for climate risk analytics,” said Mary-Catherine Lader, Head of Aladdin Sustainability at BlackRock. “Aladdin Climate analyzes climate risk alongside traditional risk metrics, for a holistic view of risk across the investment process, integrated in existing Aladdin workflows. Investors can now analyze tough questions about rising sea levels’ potential impact on their portfolios, or how a rapid shift to low-carbon policies could affect specific companies.”

Partnerships with Refinitiv and Sustainalytics

BlackRock has also expanded access to ESG data through new partnerships with leading data providers Sustainalytics and Refinitiv.  Aladdin now offers more than 1,600 key performance indicators to help portfolio and risk managers identify sustainability-related risks in their exposures and make informed asset allocation decisions. By providing all Aladdin clients a set of free ESG scores across a broad universe of companies, BlackRock is making it easier for investors to incorporate ESG in their investment process.

About Aladdin

Aladdin is BlackRock’s end-to-end investment management and operations platform used by institutional investors including asset managers, pension funds, insurers and corporate treasurers. It combines sophisticated risk analytics with comprehensive portfolio management, trading and operations tools on a single, unified platform. Also customized for wealth managers, Aladdin provides a common language across the investment lifecycle and enables a culture of risk transparency among users.