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BlackRock's Big Problem Responds to Larry Fink's 2021 Letters - Friends of the Earth


BlackRock’s Big Problem Responds to Larry Fink’s 2021 Letters
BlackRock’s Big Problem Responds to Larry Fink’s 2021 Letters
January 26, 2021
BlackRock continues steps in the right direction, but falls short of the visionary leadership needed
WASHINGTON- Today, BlackRock released CEO Larry Fink’s annual letter to CEOs as well as a letter to its clients. The letters spelled out the next steps the world’s largest asset manager will be taking to address the climate crisis. With close to $9 trillion in assets under management, BlackRock has expansive power and responsibility to push for a sustainable future. While today’s letters indicated several steps in the right direction for the financial giant, it falls short of the visionary financial leadership that is needed to meet the scale and urgency of the climate crisis. ....

New York , United States , Tim Buckley , David Arkush , Moira Birss , Larry Fink , Jeff Conant , Katrin Ganswindt , Mary Cerulli , Ben Cushing , Pete Sikora , Ronald Ohanley , Action Center On Race , Senior Campaign Representative , Sierra Club , Climate Program , Environmental Justice Campaign , International Forests Program , Friends Of The Earth , Union Investment Or Allianz , Big Problem Responds , Big Problem , Senior Strategist , Sunrise Project , Climate Director , New York Communities ,