BlackRock -- the world’s largest investor in fossil fuels -- says it wants
to address the climate crisis.
Next week is BlackRock's biggest meeting of investors for the whole year.
Call on the Wall Street giant to divest its trillions in managed assets
from the fossil fuels driving climate disaster.
[ [link removed] ] Sign the petition
John,
The biggest driver of climate destruction on the planet is a name you
might not have heard before -- BlackRock.
BlackRock is a giant investment firm that has funnelled unrivalled
billions into the companies making the climate crisis worse. It is the
world's largest investor in fossil fuels, including new coal plants, and
is a key obstacle between us and a safe and inhabitable planet.
But thanks to mounting pressure from activists around the world,
BlackRock’s CEO, Larry Fink, finally issued a letter saying it would act
on climate. The letter sent shockwaves through the business community. But
since the letter, there has been almost no action from BlackRock. In
short, it looks like BlackRock is full of hot air.
BlackRock's annual meeting is next week, and now is the time to turn up
pressure to push BlackRock’s $6 trillion in assets into our best weapon in
the fight against climate change.
[ [link removed] ]Tell BlackRock CEO Larry Fink to follow his words with action on the
climate disaster.
It's simple: BlackRock’s investments are killing the planet. The world's
largest asset manager has reserves in the fossil fuel industry that
contributed to a whopping 30 percent of all energy-related carbon
emissions from 2017.
The good news is we’ve taken on BlackRock before -- and won. BlackRock
divested from an Eritrean mining company using forced conscripted labor
under pressure from our SumOfUs members like you. Larry Fink issued his
very public letter on the need to transform finance in the face of the
climate emergency a few months ago, so we know that we can win this fight.
But only if we keep pushing.
Before the BlackRock's biggest meeting of the year next week, we need to
call on BlackRock to make its words real and take bold climate action --
before it’s too late.
[ [link removed] ]Will you add your name now to pressure BlackRock to divest from
companies driving climate change before the “tipping point” of disaster?
[ [link removed] ] Sign the petition
Thanks for all that you do,
Angus, Amelia, and the team at SumOfUs
More information:
[ [link removed] ]BlackRock's Big Problem
[ [link removed] ]BlackRock's 'Greenwashing' threatens to undermine climate action, The
American Prospect, February 26 2019
[ [link removed] ]Activists circulate hoax BlackRock letter about climate change, New
York Post, January 16 2019
SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.
Please help keep SumOfUs strong by chipping in $3. [link removed]