*[Enwl-eng] BlackRock

ENWL enwl.bellona at gmail.com
Thu May 14 01:18:55 MSK 2020





                        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.

                         Sign the petition


            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.

            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.

            Will you add your name now to pressure BlackRock to divest from 
companies driving climate change before the “tipping point” of disaster?


             Sign the petition
            Thanks for all that you do,
            Angus and the team at SumOfUs



            More information:

            BlackRock's Big Problem
            BlackRock's 'Greenwashing' threatens to undermine climate 
action, The American Prospect, February 26 2019
            Activists circulate hoax BlackRock letter about climate change, 
New York Post, January 16 2019









--------------------------------------------------------------------------------
            SumOfUs is a community of people from around the world committed 
to curbing the growing power of corporations. We want to buy from, work for 
and invest in companies that respect the environment, treat their workers 
well and respect democracy. And we’re not afraid to stand up to them when 
they don’t.

            Please help keep SumOfUs strong by chipping in $3



                  Chip in $3


            From: Angus Wong, SumOfUs
            Sent: Wednesday, May 13, 2020 10:49 PM
            Subject: BlackRock






 
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