BlackRock’s Emergency Savings Initiative (ESI) has reached 10 million people with an emergency savings solution and has helped create $2 billion in liquid savings since 2019. Today, we are at a tipping point. BlackRock’s ESI, with leading partner Commonwealth, is focused on increasing the scale of emergency savings solutions to help all American workers build greater financial security.
In the latest Impact and Learnings Report (2019-2022):
Led by the BlackRock Social Impact team, BlackRock’s ESI is a $50-million philanthropic commitment to drive innovation that enables people to establish a stronger financial safety net.
The path to financial resilience starts with emergency savings.
The solution requires a multi-sector approach in collaboration with our Partners and Industry Experts.
The key to turning intention into action requires the use of research-based strategies.