BlackRock is reported to be a major investor in the all most all of the largest companies burning the Amazon. It might be an embarrassment for the city of Dallas to be giving P/R opportunities to Larry Fink who has low credibility on this issue. A number of institutions and investors are divesting from BlackRock because of their environmental policies.
BlackRock's holdings in these sectors have increased by more than half a billion dollars since 2014. "BlackRock's investments are directly causing the forest fires in the Amazon and deforestation around the globe," said Jeff Conant, senior international forest program manager with Friends of the Earth U.S., the report's lead author.