BlackRock is the world’s leading investor in fossil fuels.
With over $6 trillion in capital under management (as of March 2020), BlackRock is the world’s leading investor in fossil fuels, providing the companies most responsible for the climate crisis continued investment capital to grow.
Due to its scale, BlackRock is usually the largest or second-largest single shareholder in many of the biggest companies making the climate crisis worse. A company that claims to be a sustainable investment leader should not be investing in these climate and human rights disasters.
From pipelines to coal mines, Arctic drilling to Amazon forest destruction, behind most of the biggest climate fights on the planet today, you will usually find BlackRock as one of the key backers.