As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Since 1999, we’ve been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals. We rely on our principles to guide how we interact with each other, our clients, the communities in which we operate, and all of our other stakeholders. These principles represent our core values, our aspirations, and our cultural language – lived and embraced by every employee at our firm.
In pursuit of our purpose, we focus on the transparent and long-term sustainability of BlackRock so we can continue to deliver value to our shareholders, employees, communities and clients. BlackRock’s Board of Directors believes diversity on the Board is critical to the success of BlackRock and the company’s ability to create long-term value for its shareholders. 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 multifaceted long-term strategy and inspires deeper engagement with management, employees and clients around the world. Our current Board consists of 16 members, 14 of whom are independent. The Board includes five women and six Directors who are non-U.S. or dual citizens. Three of our 14 independent directors self-identify as racially/ethnically diverse, with one as Black/African American, one as Hispanic/Latin American and one as Middle Eastern/North African. Several of our Board members live and work overseas in countries and regions that are key areas of growth and investment for BlackRock, including Canada, Mexico, the Middle East and Europe.
BlackRock also believes leading institutions achieve optimal performance by incorporating diversity and sustainability within its business practices – including developing relationships with diverse-owned businesses within its supply base. As such, BlackRock is committed to fostering the growth and development of veteran, minority and women-owned businesses in the communities in which it operates.