BlackRock's Emergency Savings Initiative: Impact and Learnings 2019-2022

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Scaling Savings With Proven Tactics

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):

  • Read case studies with large employers such as Best Buy, UPS, and others with details on creating savings solutions for employees who are both in- and out-of-plan
  • Review research establishing the positive relationship between short-term savings and long-term retirement savings
  • Get insights into the turnkey solutions from ADP and Voya that employers can use to provide emergency savings easily to their employees at low cost and at scale

 

Who We Are

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.

Who We Are
We Believe

We Believe

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.

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Our Industry Experts


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