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Commentary from BlackRock’s Big Problem campaign. Pushing BlackRock to stop funding fossil fuels and deforestation (not affiliated with @BlackRock).
Jan 26, 2021 14 tweets 8 min read
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: 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.
Jul 15, 2020 6 tweets 9 min read
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.
#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.

Report →…

#BLKBigProblem #Climate #BeyondCoal
Jan 16, 2020 24 tweets 8 min read
By now you've seen the news: BlackRock made a major climate announcement this week.

But what does it mean?

What's the good, the meh, and the missing for #ClimateAction and our work to #StopTheMoneyPipeline?

We lay out out here ->…

& in this🧵1/ tl;dr: It's a major shift for BlackRock, which previously had failed to take meaningful action on climate, and is a very important step in the right direction as the world faces increasing risk from climate change.

And BLK still has to do more cuz we're in a #climatecrisis! 2/