1.0Reclaim Financehttps://reclaimfinance.org/siterich600338<blockquote class="wp-embedded-content" data-secret="cMhXzHoxJ3"><a href="https://reclaimfinance.org/site/en/2022/01/18/blackrock-ceo-defends-fossil-gas/">BlackRock CEO defends fossil gas</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://reclaimfinance.org/site/en/2022/01/18/blackrock-ceo-defends-fossil-gas/embed/#?secret=cMhXzHoxJ3" width="600" height="338" title="« BlackRock CEO defends fossil gas » — Reclaim Finance" data-secret="cMhXzHoxJ3" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://reclaimfinance.org/site/wp-content/uploads/2022/01/1.-BANNER-SITEWEB-3.png900400BlackRock CEO Larry Fink today released his keenly-awaited annual letter to CEOs for 2022, defending ESG investing as not ‘woke’ or ‘ideological’. This continues a focus on climate issues in recent years, including a net-zero 2050 commitment last year - but campaigners today slammed (1) ‘a failure to tackle the elephant in the room’, with no new announcements made regarding BlackRock’s enormous fossil fuel holdings, which are among the highest in the world of any global institutional investor. Indeed, Fink even praised the role of fossil gas in the transition, arguing that “we need to pass through shades of brown to shades of green”, while also criticizing divestment.