We aim to cultivate and advance diversity in all forms because we believe a wide range of perspectives and talent is crucial to creating a richer experience for our employees and better outcomes for our diversified global client base.
Our steadfast commitment and actions to accelerate DEI are not only meant to attract and retain talented employees from all backgrounds, but also allow them to flourish, feel safe, supported and have a true sense of belonging. To do that, we are building a culture where all voices – not just the loudest or the most familiar – can contribute to help our clients achieve their goals. This approach creates room for each employee to bring their whole self to every conversation.
We hold our businesses accountable for progress in diversity, equity and inclusion. During our Quarterly Business Reviews, we have focused conversations with each business about their plans and progress. We also report our progress against our DEI initiatives regularly to our Board of Directors.
In 2021, we were determined to increase overall representation of Black and Latinx employees by 30% in the U.S., to doubling the number of Black and Latinx senior leaders in the U.S. and to increasing senior female representation to 32.5% by 2024 globally. We are encouraged by the progress made since announcing our representation goals but recognize much work remains.
Our 2022 DEI priorities focus on:
- Representation and advancement
- Inclusive and equitable experience
- Accountability
- Partnerships across BlackRock
- Partnerships with client teams to respond to client requests and needs around DEI governance models
In 2023, BlackRock remains committed to these priorities. We expanded our Returnship Program from Europe to the US in hopes of attracting more talent from non-traditional backgrounds to the firm. To learn more about our Returnship Program, click here.
BlackRock is a global asset manager. We help investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. Our founding mission was to establish a firm that thinks differently about managing investment risks to best serve our clients, and this is still at our core today. We challenge businesses to reach higher standards. We use technology to think beyond what’s possible. We provide investment solutions for every need. We aim to simplify a complex world. We help chart paths towards financial health. We are BlackRock, and we are invested in your financial well-being.
BlackRock is committed to helping build a better, fairer society, starting within our own organization. We believe that a strong culture, in which inclusion and belonging are paramount, creates room for all employees to drive our purpose of helping more and more people experience financial well-being. We have long focused on the importance of
cultivating and advancing diversity in all forms in our workforce and leadership team as well as holding our senior leaders accountable for progress on inclusion and diversity objectives.
We seek to hire diverse teams and believe diverse teams lead to better decision-making, especially in complex, changing environments. We regularly review job postings for potentially biased language and actively engage in outreach and recruitment efforts for our open positions to ensure candidate slates are diverse across gender, race, ethnicity,
disability, veteran status and beyond. We have designed a recruitment process to manage bias, with an intention of driving more diverse hiring.
