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Sierra Club Response to Larry Fink’s Annual Letter to CEOs

“Will this be yet another missed opportunity for BlackRock or will it finally hold polluters and laggards accountable?”
WASHINGTON -

Tonight, BlackRock CEO Larry Fink released his annual letter to CEOs

In response, Ben Cushing, Fossil-Free Finance Campaign Manager with the Sierra Club, released the following statement:

“There’s not much to see here other than more hot air from a would-be climate leader. Larry Fink’s latest letter to CEOs is just another rehashing of the same vague rhetoric, without any meaningful new commitment to actually help lead the necessary transition to a climate-safe future. Fink is insisting on continuing to prop up dirty fuels like fracked gas and peddling the outdated and dangerous view that gas has a place in the energy transition, despite the scientific consensus that we need to stop expanding fossil fuels immediately. Will this be yet another missed opportunity for BlackRock or will it finally hold polluters and laggards accountable?”

 

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The Sierra Club is the most enduring and influential grassroots environmental organization in the United States. We amplify the power of our 3.8 million members and supporters to defend everyone’s right to a healthy world.

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