Gabby Brown, gabby.brown@sierraclub.org
New York, NY – 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 Fink is insisting on continuing to prop up dirty fuels like fracked gas and peddling the outdated and dangerous view that gas has a place in the energy transition, despite the scientific consensus that we need to stop expanding fossil fuels immediately.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?”
About the Sierra Club
The Sierra Club is America’s largest and most influential grassroots environmental organization, with millions of members and supporters. In addition to protecting every person's right to get outdoors and access the healing power of nature, the Sierra Club works to promote clean energy, safeguard the health of our communities, protect wildlife, and preserve our remaining wild places through grassroots activism, public education, lobbying, and legal action. For more information, visit www.sierraclub.org.