BlackRock Has a BIG Climate Justice Problem

BlackRock has a big climate justice problem. It’s the world’s largest backer of fossil fuels and the biggest investor in agribusiness companies violating Indigenous rights and territories and destroying vulnerable rainforest ecosystems.

Earlier this year, BlackRock’s CEO Larry Fink announced a set of policies intended to put climate change and sustainability at the center of the company’s business model.

With fires choking the West Coast and the Amazon, the time is NOW for BlackRock to take real action on climate and stop forest destruction and stop funding the fossil fuels that are killing the planet.   

 

Company leadership has felt the heat and directly responded to grassroots pressure - so we upped our game.

We held a series of distributed actions on the ground and online in September,  then on October 2 we cohosted "Stop Funding Tar Sands: A Day of Action in Solidarity with Frontline Communities".  We rallied online and took digital action together while activists in NYC and London delivered the Swarm's best action photos and messages to BlackRock.

Swarm Actions were held at BlackRock offices in:

Stop Funding Coal

Stop Funding Coal

BlackRock needs to expand its coal policy and make coal free funds the default option for all of its investments.

Respect Indigenous Rights

Respect Indigenous Rights

BlackRock must adopt a policy recognizing the rights of Indigenous People that applies to all extractive industries, and hold the companies it invests in to these standards of conduct.

Stop Forest Destruction

Stop Forest Destruction

BlackRock must adopt a comprehensive deforestation policy and push the companies that it invests in to stop destroying our forests in the name of big business.

Stop Funding Tar Sands and Arctic Oil

Stop Funding Tar Sands and Arctic Oil

BlackRock must expand its coal exclusion policy to become a fossil fuel policy that includes tar sands and Arctic oil, and it must make that the default option for all of its investments.

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