- $85 billion of assets managed by BlackRock are still invested in the coal industry, and $25 billion in coal companies that have expansion plans
- BlackRock’s coal policy covers just 17% of the coal industry and covers less than a third of its total assets
- Findings come on anniversary date of Larry Fink’s commitment to invest more sustainably
Take action
Share the report: One year on – BlackRock still addicted to fossil fuels
New report by Reclaim Finance and Urgewald shows that despite BlackRock CEO Larry Fink’s “sustainable commitments”, BlackRock’ still invests massively in coal companies:
RETWEET about the report:
📣 New report Alert – One Year On: @Blackrock still addicted to fossil fuels .
With @Urgewald, we are publishing a report showing that @Blackrock‘s sustainability commitment is just an other word for #Greenwashing 🎻

Read ▶️ https://t.co/p8MUK0iKY2#BlackRockCoalAddict pic.twitter.com/CSE6lLyhjc— Reclaim Finance (@ReclaimFinance) January 13, 2021
![](https://beyondfossilfuels.org/wp-content/uploads/2020/04/website_take_action_tweet_2.jpg)
Take action
Read & share the report
$85 billion of assets managed by BlackRock are still invested in the coal industry, and $25 billion in coal companies that have expansion plans.
Click here![](https://beyondfossilfuels.org/wp-content/uploads/2020/09/Rogowiec_Elektrownia_Belchatów_-_fotopolska.eu_262556-700x393.jpg)
PREVIOUS ACTION
Support the #iCO2dalej campaign against Bełchatów
![By No machine-readable author provided. Adrienne93~commonswiki assumed (based on copyright claims). - No machine-readable source provided. Own work assumed (based on copyright claims)., CC BY 2.5, https://commons.wikimedia.org/w/index.php?curid=1417741](https://beyondfossilfuels.org/wp-content/uploads/2021/01/Façade_principale_BDF-700x924.jpg)
NEXT ACTION