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BlackRock CEO Larry Fink: #DivestFromWar

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Dear Mr. Fink,

BlackRock must divest from defense contractors that profit from child detention and weapons manufacturers, which produce the tools and weapons for war and violence in Palestine, Syria, Yemen, Iraq, Afghanistan, and countless other areas where the U.S. is active in conflict. The result is the loss of innocent lives and turmoil around the world.

The sale of U.S. weapons to oppressive regimes like Saudi Arabia is a shining example of how the products made by these companies are not responsible or beneficial to the global community. As you surely know, the country of Yemen is on the edge of famine brought on by the brutal assault from the Saudi regime, a country who recently purchased billions in arms from U.S. weapon manufacturers.

We also see these weapons at home. You have recognized the danger of civilian firearms by creating funds that exclude those manufacturers, yet BlackRock remains silent on the weapons used in global conflict. Those same weapons are given to police forces in our communities and turned against Americans. The violence BlackRock profits from is in our streets, and the streets of the world.

You recently made a statement that BlackRock will hold companies accountable to be good global citizens. Obviously, a statement is not enough, when BlackRock continues to invest in companies engaging in war and conflict, which results in the deaths of innocent civilians and destruction of sovereign nations. There should be no profit from war. There should be no profit from child detention. The stakes are too high to be driven by profit margins.

BlackRock must divest from, and stop investing in, companies that sell weapons used in war and violence around the world and at home. BlackRock must divest from defense contractors that profit from child detention.

Finally, BlackRock must stop funding the Enbridge Line 3, which is destroying Indigenous land.

Yours Sincerely,

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Showing 30 reactions

  • S Jahangeer
    signed 2021-06-01 21:57:46 -0400
  • Al Rsoufi
    signed 2021-06-01 21:04:14 -0400
    President elect Mr Biden base on His campgaign promises, to the 50 states voters, must for the seek world peace and major reform in the US states, where millions live and die on the street due to lack good governing which causes poverty and homelessness. It’s almost six month since Mr Biden took the office, slow phase in taking actions, on Palestian Homeland which in 1948 UN members failed to legalized by mandate from UN members vote, while Isreali state accepted the two states soultion, in May 1948 Zionist declaration of Independence was sign due to British hand over of Palestine to UN, it proves since Jewish leaders didn’t fellow the UN mandate the whole issue was disregarded, British monarchy are responsible, foe this than and now, plus few Arab states whom chosed confilect leading to wars, US has been in the dark since Zionist lobbies in FDR era.
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    Stop the killing of people in Gaza.
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