UK activist investor Bluebell Capital has called on BlackRock to replace CEO Larry Fink over his failures to move the money management firm beyond investments in fossil fuels.
Over the last week, BlackRock has come under fire from both Republican anti-ESG crusaders in the US Congressfor taking too much action on climate change, and from an activist investor in the firmfor taking too little.
A Times investigation revealed a coordinated effort by state treasurers to use government muscle and public funds to punish companies trying to reduce greenhouse gases.
