Campaigners: Climate and Group

campaigners: The letter was a hoax, carried out by the Yes Men, a group of pranksters with a history of embarrassing big companies, according to The Guardian. But while the message was fake, the concern behind it was not environmental campaigners see Black Rock as a key obstacle to progress on meeting climate crisis goals. The media jumped on the announcement, which appeared to herald a new era of finance facing up to the perils of the climate emergency. Now they are stepping up the pressure on the world's biggest asset manager which faces its shareholders at its annual meeting on Thursday to use its influence on some of the world's biggest polluters, as it has done previously on issues such as executive pay. Since then, New York-based Black Rock has risen to become an investing behemoth, controlling 6.5tn in assets a value more than twice the annual output of the UK economy. Fink, who was paid 24m 18.8m in 2018, began Black Rock as part of Blackstone, the world's largest private equity group, and spun it out in 1995. (news.financializer.com). As reported in the news.