Tell BlackRock to defund deforestation and human rights violations! >>

Once great forests with towering trees are being replaced with vast monoculture plantations – all for corporate profit. This destruction is sponsored by BlackRock.

Indigenous Peoples are being forced off the land they’ve stewarded for generations. These crimes are sponsored by BlackRock.

Deforestation is spewing climate-warming emissions into the air, driving intensifying natural disasters around the world. This crisis is sponsored by BlackRock.

Here’s the bottom line: BlackRock is investing BILLIONS into companies responsible for destroying rainforests, violating human rights, and accelerating the climate crisis. But you can help stop them!

We need 2,392 more signatures before midnight to help us reach our goal and send BlackRock a powerful message: DEFUND DEFORESTATION!

Comments

Dear Michelle Edkins,

These are challenging and confusing times for ESG, and BlackRock is right at the center of these challenges. On the one hand, your firm has positioned itself as a leader in advancing a “social purpose” and recognizing that climate risk is investment risk. On the other hand, while BlackRock has demonstrated increased stewardship around the issue of deforestation, this increased stewardship has not resulted in decreased exposure to risk or to resolving the root issues. In fact, the opposite is true – BlackRock has INCREASED its holdings in forest-risk commodities.

Perhaps if BlackRock had a clear threshold for exclusion based on human rights and environmental criteria, the course of action would be clear. Don’t you think it's time BlackRock developed a policy to categorically address human rights, Indigenous Peoples’ rights, and deforestation risk in your portfolios?

Leading responsible investment firms are developing comprehensive policies to address deforestation risk, and BlackRock should do the same.

Sincerely,

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