These moms want the world’s largest money manager to divest from coal. So they’re protesting outside the CEO’s house.
On a narrow dirt path in Westchester County, four small children dressed as superheroes in a rainbow of satiny capes and masks picked dandelions on the grassy roadside. As they giggled and chanted for ice cream, their mothers, carrying babies in their arms or sporting baby bumps, unfurled a black and yellow banner that read:The message was intended for the man living across the dusty lane behind a white picket fence and a neatly clipped lawn, CEO of BlackRock Larry Fink,.
BlackRock is the ultimate decision maker for the largest global bond and shareholder in the coal industry. According to a February analysis released by Urgewald, a German-based environmental group that tracks investments in the fossil fuel industry, BlackRockThea Prince has her cape adjusted while she tries out her wand.had only $84 billion in coal investments
“When the big funds decide to move [divest], they pack a wallop,” Sanzillo added. “If there was a move by BlackRock [to divest from fossil fuels], it would send a shock through the markets, and it would push the fossil fuels sector to innovate at a faster rate, and that would be a major change.”that it plans to continue investing in coal for the long term. The company is openly opposed to divestment of fossil fuels, even while it increases investments in sustainable projects.
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