BlackRock Invests in Clarity AI

Posted on 01/15/2021

Demand for sustainable investing accelerated rapidly in 2020. BlackRock Inc. made a minority investment in Clarity AI Inc., a sustainability analytics and data science platform, as the firm continues to invest in delivering sustainable investing analytics and software for clients. BlackRock will integrate Clarity AI’s capabilities with Aladdin, BlackRock’s end-to-end operating system for investment professionals. Clarity AI builds on the existing sustainability dataset in the Aladdin platform with additional forward-looking sustainability analytics and models, generated from data about companies. These insights complement traditional corporate ESG disclosures. BlackRock will join existing investors including Deutsche Börse, Kibo Ventures, Mundi Ventures, Seaya Ventures, and Founders Fund.

Clarity AI was founded in Madrid in 2017 by Rebeca Minguela.

BlackRock also recently unveiled Aladdin Climate, which helps investors understand and act on climate risk.

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