By Amazon Watch and Friends of the Earth US (February 7, 2020) Just weeks after releasing a new set of policies on climate change and sustainability, BlackRock, the world’s largest asset manager, quietly published this week a new statement on its approach to engagement with agribusiness — the second leading driver of the climate crisis […]
Recent analysis from our partner Urgewald shows Larry Fink’s sustainability strategy ignores the part of the coal industry that causes the highest amount of carbon emissions. Read the release on the Urgewald website or below. On January 14th 2020, BlackRock’s CEO Larry Fink announced that the company would put sustainability at the center of its […]
Today, after more than a year of increasing pressure from climate activists, investors, legislators, and thought leaders, BlackRock CEO Larry Fink, in his highly-anticipated annual letter, announced a sweeping new set of policies which aim to put climate change and sustainability at the center of BlackRock’s business model. BlackRock is the world’s largest asset manager […]
Today, after more than a year of increasing pressure from climate activists, investors, legislators, and thought leaders, BlackRock CEO Larry Fink, in his highly-anticipated annual letter to CEOs and to clients, announced a sweeping new set of policies which aim to put climate change and sustainability at the center of BlackRock’s business model. BlackRock is […]
As we embark on 2020 with the fight against climate change taking center stage, 17 youth climate groups and representatives from Mothers Out Front released two letters (Youth letter here, Mothers letter here) to Larry Fink, BlackRock’s CEO. BlackRock is the world’s largest asset manager and the world’s largest investor in coal, oil, gas, and […]
As we embark on 2020 with the fight against climate change taking center stage, 17 youth climate groups and representatives from Mothers Out Front released two letters (Youth letter here, Mothers letter here) to Larry Fink, BlackRock’s CEO. BlackRock is the world’s largest asset manager and the world’s largest investor in coal, oil, gas, and […]
We know you share our overwhelming concern for the future of our children, our grandchildren, and children around the world. We write to you today, ahead of your 2020 Annual Letter to CEOs, to ask you to commit to actions that will ensure a livable world now and into the future. What you say sets […]
Dear Laurence D. Fink, You have been married to your wife, Lori Fink, since the 70s, when you would have been around my age. You have three sons. Your mother was an English professor, your father owned a shoe store. You attended UCLA with a Bachelor of Arts in Political Science. You’re from California, like […]
Today, BlackRock announced that it will be joining Climate Action 100+. In response to the decision, members of the BlackRock’s Big Problem network issued the following statements: Eli Kasargod-Staub, Majority Action Executive Director: “BlackRock is finally recognizing that its go-it-alone approach has been counterproductive. BlackRock’s voting last year significantly undermined Climate Action 100+ efforts, and […]
You might the above statement about asset managers must have come from one of our campaign partners, right? Nope. The narrative that BlackRock is both a) a major player in making the climate crisis worse, and b) could do something about it without much struggle is spreading all over. Former Vice President and co-founder of […]
In the wake of another failure of the world’s governments to agree on a plan to save our future from the climate crisis, you may have missed a quieter story. The last few weeks have seen a string of announcements from major financial institutions making moves to get out of the worst fossil fuels such […]
As the US saw student-led climate strikes again cross the country, many actions stopped or started at the world’s biggest investor in fossil fuels. In New York, a sub-group of the Sunrise Movement called “Sunrise Kids”, supported by many others, held a Play-In for Climate Justice in front of BlackRock’s main headquarters. Kids spoke out […]
Reposted from the XR Global website: Today in London, activists gathered out front of the worlds biggest investment firm BlackRock to engage in a dramatic, creative and nonviolent protest to challenge BlackRock as a main player driving the climate crisis and deforestation around the world. Activists dumped a pile of wood ashes (waste collected from […]
New data reveals that large institutional investors in the US are stalling progress to tackle the social and economic risks of climate change, despite committing publicly to climate action. This is compared to investors in Europe who are more prepared to hold the worst polluters accountable. Analysis by ShareAction, the responsible investment campaign group, reveals […]
Oct. 29, 2019 – Protests against BlackRock escalated this morning as the company continues to come under pressure for being the world’s top investor in fossil fuels and companies driving deforestation, the leading causes of the climate crisis. 10 people with New York Communities for Change (NYCC) and Sunrise Movement, as well as activists associated […]
Climate activists as part of the global Extinction Rebellion movement targeted BlackRock in the City of London Monday morning. They glued themselves to the doors while others staged a mock dinner party with rolled up banknotes on their plates, in front of a powerful statement from American Indigenous Chief Seattle. Those participating included a former […]
The month of September, 2019 gave much of the world hope, as an unprecedented amount of climate solutions activism circled the planet, culminating in the world’s (and many individual country’s) biggest ever climate rallies during the Climate Strike. But it’s safe to say the issues management folks at BlackRock did not have a great time. […]
On Friday a record 4,000,000 + were out in the streets in nearly every country on earth demanding urgent action on the climate emergency. Marches in Sydney, Germany, London broke new records for turnout, and thousands of other cities and towns participated as part of the Global #ClimateStrike. In San Francisco, a crowd estimated to […]
During a busy Climate Week in New York City, a delegation of Indigenous peoples delivered 260,000 petition signatures to BlackRock demanding they stop funding Amazon deforestation and climate destruction. None other than BlackRock’s CEO Larry Fink had to make his way through the protesters to get to work this morning. Our message: We’ll keep coming […]
We wouldn’t want to be BlackRock’s PR advisor this past month as the company continues to get hit with bad news from all sides. Bill McKibben this week let the world in on our strategy to fight climate chaos by disrupting the biggest sources of fossil finance. In “Money is the Oxygen on Which the […]