Since 2019, BlackRock’s Emergency Savings Initiative (ESI), in partnership with Commonwealth, has launched more than 60 emergency savings projects designed to help workers and families build greater financial security.

Today, ESI has helped connect more than 22 million Americans to emergency savings solutions and supported the creation of nearly $8 billion in new liquid savings. Since 2022, the initiative has nearly quadrupled its impact, growing from $2 billion to nearly $8 billion in net new savings and demonstrating what is possible when emergency savings solutions are integrated into the financial systems people already use every day.

In the latest Impact and Learnings Report (2019-2026):

• Learn how ESI helped expand access to emergency savings solutions for more than 22 million Americans
• Explore evidence connecting emergency savings to retirement participation, long-term investing, and financial resilience
• See how employers, financial institutions, recordkeepers, and policymakers are embedding emergency savings into existing financial systems
• Discover the partnerships and implementation approaches helping move emergency savings from an emerging idea to a growing pillar of financial security