BIG NEWS on climate today as the world’s biggest investor continues to move towards real climate action. BlackRock’s progress is welcome, yet it has much more to do to stop fueling the climate emergency. Let’s celebrate, and then take action. Today the CEO of the world’s biggest investor Larry Fink sent his annual – and […]
BlackRock’s words sound good. There are five pages of them, including “just” and “equitable” as well as “resilient” and “sustainable.” But, yet again, there is no mention of companies engaging in tar sands destruction, oil expansion, fracking, or deforestation. BlackRock says it “may” vote for climate-friendly shareholder proposals, and it “may” vote against company board […]
BlackRock sends a number of mixed signals with today’s memo. On the one hand, it communicates an important and necessary message about the need for greenhouse gas (GHG) emissions reductions, writing that companies “should strive to limit warming to 1.5° C to achieve an ultimate goal of net zero GHG emissions by mid-century in order […]
On January 26, Larry Fink released his annual letter to CEOs alongside a letter to clients signed by BlackRock’s Global Executive Team. Similar to last year, both letters are dedicated to BlackRock’s plans to address the urgent, systemic climate crisis and its plan for operating within our changing world. Some of the key things BlackRock […]
UPDATE: Watch the full action webinar here. Studies have shown that Indigenous peoples are critical players in the fight to protect the world’s forests and halt global temperature increases. In 2020 BlackRock hinted it would take new holistic approaches on deforestation and biodiversity in 2021, and yet, its newly announced net zero commitments failed to […]
German translation available here On January 26, Larry Fink released his annual letter to CEOs alongside a letter to clients signed by BlackRock’s Global Executive Team. Similar to last year, both letters are dedicated to BlackRock’s plans to address the urgent, systemic climate crisis and its plan for operating within our changing world. In this […]
BIG NEWS on climate today as the world’s biggest investor continues to move towards real climate action. BlackRock’s progress is welcome, yet it has much more to do to stop fueling the climate emergency. Let’s celebrate, and then take action. Today the CEO of the world’s biggest investor Larry Fink sent his annual – and […]
Commentary by Pete Sikora, Climate & Inequality Campaigns Director at our partner New York Communities for Change On January 12, BlackRock announced it would pause campaign donations to all politicians while it conducts a “thorough review of the events” and considers how it will make future contributions. Never mind that those “events” were a violent […]
On January 14th, 2020 BlackRock and its CEO Larry Fink made a series of declarations on climate change and its potential impact on our global economy and the finance sector. Fink’s 2020 letters to CEOs and BlackRock’s own shareholders were filled with all the right language alongside a few exciting, if initial, steps that BlackRock […]