The partnership's consortium of ten investors included the governments of France, Germany, Japan, and other philanthropies and institutional investors, BlackRock added
Yields on longer-dated U.S. Treasuries fell for a fourth straight day, with the benchmark 10-year yield hitting a fresh two-week low of 1.564pc and helping to ease inflation worries.
The company's net income rose to $1.2 billion, or $7.77 per share, in the three months ended March 31, from $1.03 billion, or $6.60 per share, a year earlier.
BlackRock's assets under management grew to a record $9 trillion in the quarter, compared with $6.47 trillion a year earlier.
As part of the commitment, the bank said it would escalate activities such as green-bond financing and financing companies that support clean technology and renewable energy.
As investor interest surges in environmental, social and governance (ESG) issues, a fleet of companies have taken steps to improve their performance on this front.
"If large private companies are not held to the same level of scrutiny as public companies, we will create an unintended incentive to shift carbon-intensive assets to markets with less transparency and, often, less regulation," Fink wrote.
Fink's language was more specific than in a January memo in which he said climate disclosures "should be embraced" by large private companies.