As Amazon Watch supporters know, BlackRock is a major investor in the industries driving deforestation and indigenous rights violations in the Amazon. BlackRock's continued silence on this crisis is alarming.
That's why, as the Amazon fires crisis escalated through late summer, we joined with allies at Rainforest Action Network, Greenpeace USA, and Friends of the Earth US to contact BlackRock directly about the meaningful steps the company should take in addressing its role in the growing crisis.
Today, the executive directors of our organizations sent a joint letter to BlackRock's CEO, Larry Fink. The actions we propose to BlackRock are first steps in what should be an extensive process of aligning its socially-conscious rhetoric with its actions on climate change and human rights.
Given its lack of response to us to date, however, we're guessing that some more pressure on BlackRock will be necessary! The good news is that so many climate activists around the world are understanding BlackRock's role in financing the Amazon deforestation and climate crises and are taking action.
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