In response to BlackRock and Rhodium Group’s report on climate risk, the BlackRock’s Big Problem Campaign released the following statement: This report confirms what we’ve known for years and what was recently highlighted by the San Francisco Federal Reserve: climate change is having financial consequences now on securities, investors are underestimating these impacts, and unless significant changes are made, climate […]
Today, BlackRock CEO Larry Fink published his annual letter to CEOs. In this year’s letter, he describes an “increasingly fragile” global landscape and a need for corporations to be leaders and “address pressing social and economic issues.” Fink failed to mention climate change at all in the letter, despite the urgent need to take action […]
A letter to BlackRock’s CEO from a group of investors and shareholder advocacy groups made headlines including in the Financial Times and NYT DealBook. Today, a letter written to BlackRock CEO Larry Fink from a group of investors and NGOs made headlines- getting a lengthy write up in the Financial Times and a shout out […]