As one of the world’s largest alternative asset managers, we are uniquely positioned to make a positive impact through our investments and to strengthen the communities in which we live and work.
We believe it is not only possible to do good while doing well – it’s imperative.
Changing the Status Quo
We are always seeking a better approach – from better tools to better services – to the challenges that face our clients, our people and the communities we serve. A good company challenges the status quo; a great company changes it for the better.
Integrating ESG
Environmental, Social and Governance principles have been integral to Blackstone’s corporate strategy since our founding. We are committed to responsible investing practices and incorporate them into everything we do.
Empowering Our People
It is not enough to help others in need. Social responsibility starts right at home with the thousands of people at Blackstone who are committed to giving back. That’s why we’re so dedicated to our people. The more we do for them, the more they can do for their communities.
ESG principles have always been at the core of our business – we’ve spent years promoting sustainability across our portfolio, prioritizing our people, and practicing good governance. By factoring ESG into every facet of our operations and investment process, we can continue to have a positive impact on our companies and the communities where we live and work.
Reducing Environmental Impact
We have a responsibility to leave the world a better place for future generations. Our approach to environmental sustainability focuses on measurable operational interventions to reduce resource usage across our portfolio and investments in large-scale renewable energy opportunities around the world.
Building on our existing sustainability initiatives, we have set a goal to reduce carbon emissions by 15% across all new control investments where we regulate the energy use.
EXPANDING SOLAR CAPACITY
Delivering clean energy to New York City
At NYC’s Stuyvesant Town-Peter Cooper Village, we oversaw the installation of over 9,600 solar panels, the largest in the rooftop solar array in the U.S.
MAKING OFFICES GREENER
Reducing energy use at Blackstone HQ
Where similar energy efficiency interventions have been implemented at our HQ, we’ve been able to achieve savings of over 50% in our lighting energy consumption.
“Every place that you focus your efforts can see a change. Your passion can be used for good. People are going to benefit from all that you do – so go out and do it.”
JON GRAY
PRESIDENT AND CHIEF OPERATING OFFICER
“Every place that you focus your efforts can see a change. Your passion can be used for good. People are going to benefit from all that you do – so go out and do it.”
JON GRAY
PRESIDENT AND CHIEF OPERATING OFFICER
Fostering Social Responsibility
It takes more than capital to build great companies – it takes great people. We believe that when companies take care of their employees and the people in their communities, the benefits are immense.
Blackstone’s Women’s Initiative plays a critical role in how we attract and retain women, helping us build a stronger, more diverse and more inclusive workforce.
Supporting the Hiring of Veterans
Dedicated to hiring 100,000 veterans across our portfolio
In 2016, Blackstone celebrated passing its goal of hiring 50,000 veterans through our Veterans Initiative across our portfolios – and doubled down with a commitment to hire 50,000 more. As of 2019, we are more than halfway there, with over 80,000 veteran and veteran spouse hires.
Improving Healthcare Across Our Portfolio
Helping our portfolio companies navigate the healthcare landscape
We founded Equity Healthcare to help deliver smarter, more cost-efficient healthcare to employees across the Blackstone portfolio.
Promoting Economic Development
Providing resources and networks to empower entrepreneurs
The Blackstone Charitable Foundation creates programs that empower entrepreneurs to make a lasting economic impact.
“It is our duty and honor to support American veterans and their families. These motivated men and women deserve our respect and gratitude—and their unique experiences and perspectives help make our portfolio companies stronger.”
STEPHEN A. SCHWARZMAN
CHAIRMAN, CEO & CO-FOUNDER
“It is our duty and honor to support American veterans and their families. These motivated men and women deserve our respect and gratitude—and their unique experiences and perspectives help make our portfolio companies stronger.”
STEPHEN A. SCHWARZMAN
CHAIRMAN, CEO & CO-FOUNDER
Partner Organizations
Professionals across Blackstone are leaders in organizations committed to ESG principles, serving as board members, establishing nonprofits for social responsibility and good governance and authoring material on transparency and impact investing.
Partner organizations include:
Blackstone professionals have helped found:
“We incorporate responsible investment practices into everything we do, but our number one priority remains driving returns. We prioritize our initiatives based on the value they create for the firm, our portfolio companies, our funds and our LPs. We see ESG incorporation as a way of driving value.”
ALISON FENTON-WILLOCK
GLOBAL HEAD OF ESG
“We incorporate responsible investment practices into everything we do, but our number one priority remains driving returns. We prioritize our initiatives based on the value they create for the firm, our portfolio companies, our funds and our LPs. We see ESG incorporation as a way of driving value.”
