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BlackRock continues steps in the right direction, but falls short of the visionary leadership needed: Our response to the letters that @BlackRock CEO Larry Fink issued today to CEOs and clients:
blackrocksbigproblem.com/larrys-letter/
blackrocksbigproblem.com/larrys-letter/
With nearly $9 trillion in managed assets, @BlackRock has the power and responsibility to push for a sustainable future. These letters indicate some steps in the right direction for the financial giant, but fall short of the visionary leadership the world needs right now.
It’s important that the largest financial institution in history is acknowledging the urgent, moral, and financial imperative to address runaway climate change. This is progress from the @BlackRock of 2 years ago...
REPORT: #BlackRock is part of a group of financiers keeping EU’s #coal industry on life support, investing €12 B directly, & €9.8 B in loans & underwriting, in under 18 months.
Read more 👉beyond-coal.eu/2020/07/15/foo…
#BLKBigProblem #ClimateCrisis #BeyondCoal #ClimateAction
Read more 👉beyond-coal.eu/2020/07/15/foo…
#BLKBigProblem #ClimateCrisis #BeyondCoal #ClimateAction
#BlackRock is the biggest shareholder of the world’s most significant lignite coal miner, Europe’s biggest CO2 emitter, #RWE ⛏️
AND #BLK is a critical funder of dirty coal in EU.
#BlackRocksBigProblem
Report → beyond-coal.eu/2020/07/15/foo…
#BLKBigProblem #Climate #BeyondCoal
AND #BLK is a critical funder of dirty coal in EU.
#BlackRocksBigProblem
Report → beyond-coal.eu/2020/07/15/foo…
#BLKBigProblem #Climate #BeyondCoal
#BLK's 2020 #coal policy doesn't address these gaps - when will they get serious about #ClimateCrisis?
The @UNFCCC & @IPCC_CH have warned for years that we have to get out of coal, fast, but #BlackRock just keeps pumping $$ into it.
#BLKBigProblem #BeyondCoal #ClimateCrisis
The @UNFCCC & @IPCC_CH have warned for years that we have to get out of coal, fast, but #BlackRock just keeps pumping $$ into it.
#BLKBigProblem #BeyondCoal #ClimateCrisis
