BlackRock to Acquire Baringa Partners’ Climate Change Scenario Model Through New Long-Term Partnership

LONDON--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) and Baringa Partners today announced their entry into a definitive agreement for BlackRock to acquire and integrate Baringa’s industry-leading Climate Change Scenario Model into BlackRock’s Aladdin Climate technology. The new long-term partnership is a significant milestone for both firms, as they collaborate to set the standard for modelling the impacts of climate change and the transition to a low carbon economy on financial assets for inve