Activist investors blast BlackRock’s ‘hypocrisy’ on sustainability, call for CEO ouster
Summary by The Hill
An activist investment firm is calling on BlackRock’s chief executive to resign over his “apparent hypocrisy” in the use of sustainability goals.
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The Guardian
BlackRock CEO faces call to step down amid claims of hypocrisy
Larry Fink, the chief executive of BlackRock, the world’s largest asset manager and one of the most vocal supporters of environmental, social and corporate governance (ESG) investment principles, is facing pressure from an activist hedge fund to step down amid claims of hypocrisy.
Bullish Investor Bluebell Demands BlackRock CEO Resignation
[6th Reuters] - Two executives of Bluebell Capital Partners, a small-scale, London-based investor, sent a letter to Chief Executive Officer Larry Fink (CEO) of US BlackRock, which is the world's largest asset management company, on November 10, demanding his resignation. In a state where BlackRock's emphasis on environment/social/governance (ESG) investment may actually fall into greenwash (pretense), Mr. Fink criticizes that he is the person wh…
Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’
BlackRock CEO Larry Fink is facing calls to step down from activist investor Bluebell Capital over the company's alleged "hypocrisy" in its ESG messaging.
BlackRock CEO Pressured To Resign By Investor For Not Being Green Enough
Bluebell Capital called for BlackRock CEO Larry Fink to step down, citing the company’s alleged “hypocrisy” on its environmental, social and governance investments.