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Bild von Moritz Schröder-Therre
Moritz Schröder-Therre
Communications Director DACH Region
moritz@urgewald.org
+49 152 21579977
Ognyan Seizov
Dr. Ognyan Seizov
International Communications Director
ognyan.seizov@urgewald.org
+49 (0)30 863 2922-61
Press Release

BlackRock Net-Zero Commitment Under Scrutiny

New York, Berlin, January 26, 2021
  • BlackRock CEO Larry Fink today published his annual letter to its clients, focusing for the second year in a row on climate announcements, including a request for all companies to adopt “net zero” compatible business plans
Press Release

One Year On: BlackRock’s Fossil Fuel Addiction

Paris, Berlin, January 13, 2021
  • New report reveals BlackRock’s high levels of coal exposure and climate inaction - with $85bn worth of assets managed by BlackRock invested in coal companies
  • Findings come on anniversary of BlackRock CEO Larry Fink’s commitment to sustainability, and just days before Fink’s annual letter for 2021
  • BlackRock coal policy affects just 17% of industry
  • The policy applies to less than a third of BlackRock’s assets under management, as it ignores passive management
Press Release

Five Years Lost - How the Finance Industry is Blowing the Paris Carbon Budget

Paris, December 10, 2020
  • NGO report highlights companies pushing forward 12 new fossil fuel mega-projects 
  • Affiliated emissions would use up most of the remaining carbon budget
  • Financiers provided $1.6 trillion in loans and underwriting to these companies since January 2016
  • As of August 2020, investors owned $1.1 trillion in bonds and shares in these companies

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