Top Tweets for #BlksBigProblem
Hey @BlackRock , it's 2022. There aren't two sides to climate action. There's the side of science, and the side of continued destruction. Pick one; you can't have both. #BLKsBigProblem #BlackRockBackslide
Our demand is pretty darn simple and doable: stop pushing clients into new oil, gas and coal investments. Steer them away. Follow the science to stave off global catastrophe: no new fossil fuel infrastructure. #StopTheMoneyPipeline #BlksBigProblem
Hey @BlackRock hmm 🤔 A company like $BLK that claims to put sustainability at the center of business decisions can't also be placating fossil fuel interests... #BlackRockBackslide #BLKsBigProblem
Hey @BlackRock, it's 2022. There aren't two sides to climate action. There's the side of science and the side of continued destruction. Pick one; you can't have both and you cant have a viable business without a viable planet, right? Right. #BLKsBigProblem #BlackRockBackslide
Backsliding is not an acceptable option, @BlackRock.
You know that:
1) the energy transition is already underway
2) climate risk = economic risk
3) you have a fiduciary duty to protect clients from risk
Time to #MindTheGap & live up to your climate commitments.
#BLKsBigProblem
"There's a big gap between what asset managers like @BlackRock are committed to on climate action & #netzero -- and what they're doing in reality," @NYCComptroller
More here: https://t.co/MoGJRAWbz9
🧵on the importance of @NYCComptroller's statements about @BlackRock needing to meet their climate commitments
Other blue city and blue state treasurers - join the movement! Stop the money to coal, oil, and gas, and you can stop the torching of the planet!
#BLKsBigProblem
A breaking thread: Just got off an important web call with @NYCComptroller @bradlander, the NYC comptroller. He made it clear that if @BlackRock and other financial partners don't start meeting their commitments to climate action, NYC won't be able to meet its own pledges.
At what point would NYC consider pulling funds from @BlackRock? "We may have to ask that question" if they don't take real steps toward greenhouse gas emissions reductions, says @NYCComptroller.
#BLKsBigProblem
.@billmckibben and @NYCComptroller agree: no more financing for fossil fuel expansion! That's why the comptroller says, 'We’re going to look at all our business relationships through the lens of, 'Are they consistent with our net zero commitments?'" #BLKsBigProblem
HAPPENING NOW: climate action hero @billmckibben and @NYCComptrollerBrad Lander are live for an exciting conversation about BlackRock and other Wall Street behemoths financing of oil, gas and coal! It's not too late to join: https://t.co/ztU1AaubvI #BLKsBigProblem
No matter what you call it, @BlackRock, without increasing your “sustainable” fund's alignment with a 1.5°C pathway this is just another example of #greenwashing.
#BLKsBigProblem
https://t.co/Bg3fWo685p
“@BlackRock’s voting record sends a troubling signal it is not willing to truly hold companies accountable to manage climate risk.”
#BLKsBigProblem
https://t.co/M02SeuVywy
.@BlackRock's full report on how it voted this AGM season showcases critical gaps between the firm's climate commitments and its engagement with heavy emitters & their backers.
Read #BLKsBigProblem network partner @SierraClub's full response here: https://t.co/wZUKXHxTNi
We knew it was coming...
Check out the #BLKsBigProblem network response when this news first broke in the thread below ⤵️
TL;DR @BlackRock needs to meet the moment. Escalated climate risk requires escalated engagement, and BLK balked this AGM season.
https://t.co/lG4HCaeAWm
BREAKING: @BlackRock Investment Stewardship (BIS) released a new memo justifying why the firm won’t be voting for key climate shareholder proposals this proxy season. This is a disappointing step backward from a self-proclaimed climate leader.
Hey, @BlackRock.
@AdaniOnline account for nearly 3% of the ENTIRE world’s coal-related emissions and it's not slowing down — 58% increase in mining production last year alone.
Now's the time to step up on managing climate risk, BlackRock. We're watching you 👁️
#BLKsBigProblem
.@BlackRock said it was worried about the environmental and social risks of @AdaniOnline’s Carmichael coal mine in Australia, and should be held accountable for the risks.
.@BlackRock, a firm that claims to be a leader in the energy transition, quietly submitted comments to the SEC that would allow itself and other Wall Street titans to conceal the MASSIVE risks posed by their fossil fuel investments.
#BLKsBigProblem
https://t.co/fc1sKuy7TW
Just a reminder that @BlackRock is one of the world's largest investors in fossil fuels.
#BLKsBigProblem
https://t.co/VENGPbTAmm
WATCH: @BlackRock CEO Larry Fink has adjusted his framing to appease climate deniers. 🙄
There's no middle ground on addressing the climate crisis; BLK will never capitulate enough to please the right.
Will you lead or be led, Larry?
#BlackRockBackSlide #BLKsBigProblem
BlackRock voted in favour of five climate resolutions filled at #OilMajors🛢️ requesting Scope 3 (product) emissions reductions in 2021. Watch the video below and find out why the world’s largest asset manager voted against Scope 3 targets this year.
#ClimateAction #ClimateCrisis
.@BlackRock’s comments to the SEC call for gaping loopholes that will allow Wall Street giants to conceal the enormous risks posed by continuing to finance fossil fuel industry expansion.
Read the #BLKsBigProblem network in-depth analysis here:
https://t.co/fc1sKuy7TW
.@BlackRock and CEO Larry Fink lie so much! Here, they’re opposing even simple transparency requirements, which he’s blabbered about for years as basic. BlackRock’s controls $10 TRILLION. It’s pouring huge new $$$ into oil, gas & coal. #BlksBigProblem
https://t.co/WtKN4gGhMo
The updated #RaceToZero criteria significantly raise the bar on members.
What does that mean for @BlackRock? Read the #BLKsBigProblem breakdown for the details ⬇️
TL;DR BlackRock must not only come up to the new starting line, it can and should lead.
https://t.co/sJvRJX9427
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