BlackRock partners with Baringa to boost climate change analytics technology

BlackRock hopes the move will improve its Aladdin risk management system

clock • 2 min read
Aladdin is an increasingly important revenue driver for BlackRock

Aladdin is an increasingly important revenue driver for BlackRock

BlackRock has strengthened its climate change analytics technology by agreeing to buy and integrate Baringa’s Climate Change Scenario Model (CCSM).

A new long-term partnership will see the firms collaborate to set the standard for modelling the impacts of climate change and the transition to a low carbon economy on financial assets for investors, banks and clients. BlackRock hopes the move will improve Aladdin Climate, which is part of its flagship portfolio management platform. It identifies climate risk in portfolios - by measuring impacts of physical risks, extreme weather events, and transition risks such as policy changes, new technology, and energy supply - so investors can take action to reduce their exposure. BlackRock la...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on ESG

Janine Hofer-Wittwer CFA, SIX

MiFID II meets ESG and EU regulation

Tight time frame

Janine Hofer-Wittwer
clock 09 August 2022 • 3 min read
Analysts warn of ESG investment risk in fashion brands

'Boohoo's risks are already priced in': Fashion on the wrong side of ESG

25% of greenwashing complaints

clock 08 August 2022 • 4 min read
Investors look away from energy intensive sectors such as chemicals, metals and manufacturing.

'An investor's worst nightmare': Energy rationing spells greater chaos for supply chains

Business confidence falls

clock 05 August 2022 • 5 min read