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Use the information below to get in touch.":1,"#Privacy Contact":1,"#— GDPR Article 7":1,"#Each controller shall maintain a record of processing activities and shall make the record available to the supervisory authority on request.":1,"#This site supports your right to privacy and transparency. To comply with rights afforded to you under the latest data protection laws, this site maintains a record of your consent and allows you to exercise your rights as a data subject through the Privacy Contact section below.":1,"#— GDPR Recital 43":1,"#Consent is presumed not to be freely given if it does not allow separate consent to be given to different personal data processing operations.":1,"#To comply with the latest data protection laws, this site asks you for consent per purpose category, which gives you control over which 3rd parties have access to your data (through cookies or other tracking technologies).":1,"#Know your rights":1,"#Higher levels of access enable a better browsing experience for you, and may also help support this site through advertising revenues.":1,"#Your data access level represents your consent to allow this site to access your data. Different access levels benefit you in different ways. The lowest level of access is required to ensure the site works properly and is secure. The second level of access can make your experience more convenient by allowing this site to remember your preferences and suggest new products and services based on what you like. The highest level of access can make your experience more personalised by helping this site suggest new products and services from this site and other sites, which may be more relevant to your personal interests.":1,"#Benefits of data sharing":1,"#Personal data can be used to build a profile about you on this and other websites, who may use it to identify you.":1,"#Pseudonymous data can be used to track you as a UniqueID or UID that is not tied directly to your personal information.":1,"#Anonymous data is data that cannot be used to identify you like device type, browser version, and referer or affiliate URL.":1,"#Here’s a summary of the data types we may collect about you, and the ways that data can be used.":1,"#Your Data Types":1,"#Higher levels of access mean that you trust this website to use your data responsibly.":1,"#Accepts all access and gives you the highest level of personalisation.":1,"#Accepts some access and gives you a balanced experience.":1,"#Rejects all access and gives you highest level of privacy.":1,"#You choose the level of data access you want to give to this website, whether you want the highest level of privacy, or the highest level of personalisation.":1,"#Your Data Access Level":1,"#Learn more about how we promote privacy and respect your right to control your data as your property.":1,"#Privacy Paper":1,"#Just a few examples: Flint’s water crisis stemmed from the undemocratic emergency management of the city, which ran the government like a business. Education is increasingly becoming a commodity sold to “consumers,” to the detriment of low-income families and families of color in particular. And industry-backed proponents of carbon market “solutions” insist we can tackle climate change as a market problem, thereby completely circumventing the need to address the root cause: extracting and burning fossil fuels.":1,"#The implementation of this plan has made a handful of people extremely wealthy and has given corporations enormous power. Deeply intertwined with structural racism, it explicitly targets the lives and well-being of Black people, Indigenous people, people of color, immigrants, women, LGBTQ people, people with disabilities, people with little to no money, and those at the intersections of these identities. And it has sought to take away people’s sense of agency by positioning us as consumers first and as civic participants last.":1,"#No wonder that for so many of us the world feels chaotic and threatening in this moment. Today’s White House and its active dismantling of democracy and the protections people and the environment once had are no accident. Nor is the current administration the root of the problem. As celebrated author Nancy MacLean documents in “Democracy in Chains,” this is all the result of a decades-long plan to discredit and deconstruct governmental institutions in favor of unbridled markets.":1,"#But here in the U.S., we are up against almost half a century of a systematized dismantling of our democracy. This has come, in part, in the form of the aggressive positioning of corporations and the private sector as best suited to provide services, manage our shared resources, and even solve social problems. And it has been assisted by the promotion of a pervasive worldview that denigrates the ideals of the common good and dismisses the role of democratic institutions as protectors and advancers of the common good.":1,"#Systemic plans to destroy democracy":1,"#We must believe in and empower transparent, equitable, and responsive democratic governments to help create significant change.":1,"#Our conversations revolve around a world where every person—no matter where they are born, their race or gender, or their family’s economic situation—has the opportunity to reach their full human potential. A world rooted in justice and equity, where respect, cooperation, and mutual care are the basis for our social interactions and institutions. To bring such a world into being, we must see ourselves as actors and agents in a democracy that we can shape.":1,"#In order to build a world where every person has the opportunity to reach their full human potential, we must see ourselves as actors and agents in a democracy we can shape. Join us in forging our way toward a new and truly just democracy.":1,"#A vital part of the movement challenging corporate power - Corporate Accountability":1,"#Corporate accountability rally for just democracy":1,"#But I can feel the ground shifting. I feel tremendous energy of change all around us. And I see the vision we have articulated together—a world where we collectively care for each other and this planet that supports us—drawing into focus as we work with allies and members like you. Together we are writing the story of our time as we reclaim the ideals of the common good and forge our way toward a new and truly just democracy.":1,"#Your partnership enables us to play a vital role in a growing movement to reclaim and fundamentally transform the democratic systems that have failed us. I am under no illusion that this will be an easy 11th-hour-save: We are up against tremendous power. And every day there are new challenges.":1,"#Some of the most exciting conversations I have with members like you are the ones in which we think together about the world we are building.":1,"#Which means we have always worked from a systemic perspective. We expose and challenge corporate power at the heart of our society’s deep and life-threatening injustices. We mobilize people to secure policies and safeguards—like the global tobacco treaty—that promote just and democratic governance and the common good. And we move people from thinking of themselves primarily as “consumers,” “customers,” or even “clients” of the systems and institutions we rely on to instead seeing themselves as actors and agents in a democracy that we can—and must— shape together.":1,"#And we are not simply interested in putting out fires; we are also determined to keep matches out of the hands of arsonists.":1,"#For more than 40 years, Corporate Accountability, in partnership with allies and members like you, has been challenging unchecked corporate power and holding corporations accountable for the harms they cause.":1,"#Foundational transformation":1,"#I believe this too. We are part of a growing movement organizing to ultimately advance our democracy.":1,"#For MacLean, this means that it’s not too late. She believes the story of our time will end not with the ultimate dismantling of our democratic institutions. Rather, she believes it will conclude with successful 11th-hour organizing to stymie Koch’s plans.":1,"#And as we organize with people around the U.S., we are seeing a new and increased readiness to take back that power. In fact, when MacLean recently visited our campaign headquarters, she told us she too sees encouraging signs. In her travels around the country, speaking with thousands of people and organizations, she sees how we are broadening our connections, working across differences and issues, and identifying entrenched corporate power and its underpinnings of systemic racism as roots of our broken systems.":1,"#Great thinkers and writers are exposing the deep roots and hidden agendas behind the ideology that advances corporate power. Nancy MacLean’s “Democracy in Chains,” for example, is a thoroughly researched exposé of how Charles Koch engineered what is essentially a corporate takeover of government. A recent report from the Roosevelt Institute describes, and suggests policies to address, the “one-two punch” that has entrenched corporate power and weakened what they term “public power.”":1,"#But over the past few years, we have experienced a slow, steady shift. Organizers and scholars, artists and teachers, writers and workers—we are learning more about and exposing this decades-long, intentional dismantling of government.":1,"#The ground is shifting":1,"#A vital part of the movement challenging corporate power":1,"#May 24, 2019":1,"#That’s why Keltie, who interned at Corporate Accountability before joining the Campaigns team, felt drawn to the organization’s global approach, and the ways that it challenges not only giant, transnational corporations, but also the vast networks of governments and institutions that so often do their bidding. She joined the team full time as campaigns coordinator, where she helped plan and implement tactics from pressuring corporations at annual shareholders meetings to producing hard-hitting reports. In her current role, Keltie supports her team members in creating and implementing foundations fundraising strategy, grant writing, and building relationships with funders. She also is the director of the <a ljsid-1=\"\">Fondo de Solidaridad del Movimiento</a>, Corporate Accountability’s grant-making program, which has raised and redistributed more than $2 million to fund Corporate Accountability’s strategic campaign partners across the Global South.":1,"#Ari Belathar, Executive Director - Corporate Accountability":1,"#Ari Belathar, executive director of Corporate Accountability, also serves on the organization's board of directors.":1,"#As Corporate Accountability’s executive director and the assistant secretary of the board of directors, Ari builds the organization’s strength, resources, and power toward winning campaigns and accomplishing our mission. They lead the organization’s work in strengthening partnerships with Global South communities, elevating the leadership, voices, and experiences of those on the ground. And they nurture Corporate Accountability’s role as a leader and collaborator—linking movements, fostering solidarity, and driving collective action for meaningful change.":1,"#During the student strike, they helped establish Mexico’s first community radio station. Their work on a daily news show as the only openly queer radio host in Latin America at that time made them a target of the Mexican army. They faced persecution, and were forced to flee Mexico as a refugee.":1,"#Pronouns: they/them":1,"#Vimeo":1,"#Pronouns: he/him/his “It all comes down to a deep sense of unfairness,” Taylor says when explaining what drives him to challenge corporate abuse. Motivated by a desire to seek justice, Taylor employs innovative and tried-and-true practices to ensure people know about, feel connected to, and engage with Corporate Accountability’s work and mission in the digital ...":1,"#África hoy sobre la privatización del agua en África con Shayda Naficy y Bode Olufemi”":1,"#El agua, un bien de lujo":1,"#Activistas se unen para detener la privatización del agua y el desarrollo urbano en la India":1,"#Crisis del agua en Lagos: Hoja de ruta alternativa para el sector público del agua":1,"#discharged in areas around Plymouth between December 2015 and January 2016.":1,"#10 million gallons of raw untreated sewage":1,"#Under Veolia’s operation of the city’s wastewater treatment system, over":1,"#“widespread supply cuts, bill irregularities, environmental hazards, and unkept commitments” under Veolia’s management, and ultimately the State decided to discontinue its contract with the Veolia-controlled utility.":1,"#alleged":1,"#managed the water utility. Government officials also":1,"#a Veolia subsidiary":1,"#, during the time":1,"#in 2004":1,"#A typhoid outbreak occurred":1,"#Gabon:":1,"#to a cheaper alternative, without the required state approval, and miscalculation related to chemicals used potentially led to a crisis that soon followed.":1,"#switched a corrosion control chemical":1,"#Under Veolia’s management, the city’s water authority":1,"#, where residents sued Veolia for alleged improper wastewater treatment. But some of the worst cases include:":1,"#Southwest San Diego County":1,"#, where residents sued the corporation and the city for violating constitutional rights by depriving customers of fluoridated drinking water, and in":1,"#In recent years, Veolia has faced lawsuits in":1,"#in revenue that it raked from its business across the globe last year. Without accounting for attorneys’ fees, this settlement would amount to about $2,000 per claimant from the corporation. Veolia also refused any legal admission of wrongdoing, noting in a press release that “[t]his final settlement is in no way an admission of responsibility…” This means there’s hardly anything barring it from doing the same to other communities.":1,"#nearly $50 billion":1,"#And Nayyirah’s right: the financial compensation does not make up for Veolia’s failure to sound the alarm about Flint’s water. Though the settlement amount may seem significant, Veolia is actually paying a meager amount – only about 0.1% of the":1,"#: “The fact that our community members could force Veolia to settle is a testament to their determination and the strength of their case. However, this settlement cannot undo Veolia’s abuses in Flint.”":1,"#put it succinctly":1,"#Reflecting on the outcome of the lawsuits, Nayyirah Shariff, Executive Director of Flint Rising,":1,"#, and beyond.":1,"#facing water injustices, and connected the dots between Veolia’s actions in Flint to":1,"#communities":1,"#to advocate for infrastructure funding and updated environmental regulations, organized in solidarity with other":1,"#federal action":1,"#actors that played a role in this crisis. And Flint Rising, a local grassroots group, has called for":1,"#corporate":1,"#government":1,"#For years, Flint residents have sued the":1,"#with about 26,000 Flint residents for $53 million. In exchange, the state agreed to drop its separate case against Veolia.":1,"#settlement":1,"#Eleven years on, the legal battles have started to come to a close. In February 2025, Veolia announced a":1,"#to distort and distract from the accusations related to its role in the crisis.":1,"#efforts":1,"#In the years since, Veolia has poured money into dubious":1,"#with the city.":1,"#chased other lucrative contracts":1,"#to drink. All the while, Veolia":1,"#told Flint residents their water was safe":1,"#the potential for lead contamination over email (which Corporate Accountability helped bring to light by digging through troves of court documents), Veolia":1,"#Veolia was brought in early during the crisis to assess Flint’s water system and failed to sound the alarm. After internally":1,"#higher risk of death from cardiovascular disease":1,"#early on-set dementia":1,"#. In general, lead exposure is also linked to the potential for":1,"#experience learning delays":1,"#still haven’t seen a penny of compensation from the legal settlements. Flint residents are still dealing with the long-term health impacts of the water contamination. Studies show that children who were exposed to lead during the crisis are more likely to":1,"#majority of residents":1,"#– and a":1,"#reliable access to clean, drinking water":1,"#To this day, Flint lacks":1,"#. What followed was a series of government failures and corporate abuse that exacerbated this public health and human rights disaster.":1,"#the switch of Flint’s water supply, which occurred":1,"#allowed":1,"#On April 25, 2014, Flint’s state-appointed emergency manager":1,"#First, Flint residents must receive their settlement funds swiftly so they can get the resources they need to deal with the impacts of the crisis. A vast <a ljsid-1=\"\">mayoría</a> still haven’t received a penny of settlement funds so far, including from the state of Michigan’s landmark $626 million settlement with residents. Recent reporting <a ljsid-3=\"\">suggests</a> that most residents will receive settlement checks this summer – over eleven years since the start of the crisis – with the highest payments going to child claimants who were aged 6 or under during the crisis and susceptible to developmental delays due to lead exposure.":1,"#after Veolia’s settlement announcement, “With billionaire CEOs at the highest levels of government, it’s more important than ever that we safeguard our most precious resource, and keep our communities’ water under community control.”":1,"#shared with reporters":1,"#As our Water Campaign Director, Neil Gupta,":1,"#, and around the world like":1,"#by mobilizing a group of residents, environmental activists, and labor leaders, who called attention to the dangerous track record of the private water industry and voiced opposition to these plans at City Council. And by building powerful coalitions, public water advocates have won similar victories in cities across the U.S. like":1,"#stopped a major water privatization threat":1,"#And it really is possible. Last year, we and our allies in Houston":1,"#to the state of Michigan:":1,"#three demands":1,"#legally accountable for their role in the crisis, the state can take steps to rectify its mistakes by addressing community needs, including Flint Rising’s":1,"#corporations":1,"#, such as Former Governor Rick Snyder, or":1,"#government actors":1,"#Second, we must listen to and mobilize to meet the needs of Flint residents. While Michigan has failed to meaningfully hold any of the":1,"#that most residents will receive settlement checks this summer – over eleven years since the start of the crisis – with the highest payments going to child claimants who were aged 6 or under during the crisis and susceptible to developmental delays due to lead exposure.":1,"#suggests":1,"#still haven’t received a penny of settlement funds so far, including from the state of Michigan’s landmark $626 million settlement with residents. Recent reporting":1,"#First, Flint residents must receive their settlement funds swiftly so they can get the resources they need to deal with the impacts of the crisis. A vast":1,"#unaffordable water bills, job losses, and poorer quality service":1,"#to privatize water systems. And while private water corporations line their coffers with public dollars, all too often, communities pay the price through":1,"#target cash-strapped cities":1,"#Across the globe, Veolia’s dangerous schemes have risked public access to clean and affordable water, one of our most essential resources. This story rings familiar for far too many. It is no coincidence that private water corporations often":1,"#Finally, as if BlackRock could use more arguments to win the 2022 Hall of Shame award, the company is also a beneficial shareholder for the large majority of other U.S. based Hall of Shame nominees. For example, BlackRock owns 6.9% of <a ljsid-1=\"\">Facebook</a>, 6.45% of <a ljsid-3=\"\">Coca Cola</a>, 5.7% of <a ljsid-5=\"\">Amazonas</a>, 6.4% of <a ljsid-7=\"\">LockHeed Martin</a>, 6% of <a ljsid-9=\"\">Philip Morris</a>, and 6.5% of <a ljsid-11=\"\">Cheurón.</a>":1,"#While we’ve only examined a few areas of the shameful impacts of BlackRock’s business operations, there are many more examples we could look at, ranging from <a ljsid-1=\"\">Big Tech hate profiteers</a> a <a ljsid-3=\"\">union-busting corporations</a> and much, much more. Where there is corporate-driven harm going on, you’ll almost always find BlackRock.":1,"#<strong ljsid-0=\"\">Industrias Presto Nacionales</strong>, which owns <a ljsid-2=\"\">AMTEC</a>, the “largest volume producer of 40mm Grenade Ammunition and Fuzing in the world” along with several other explosives manufacturers. BlackRock <a ljsid-4=\"\">owns</a> 12.52% of National Presto, a $67.9 million stake at the time of the most recent filing.":1,"#<strong ljsid-0=\"\">Corporación Olin</strong>, a manufacturer of ammunition and chemical products that also owns <a ljsid-2=\"\">Winchester Ammunition</a>, the largest manufacturer for small caliber ammunition for the United States military. BlackRock <a ljsid-4=\"\">owns</a> 10.4% of Olin, an $825.8 million stake at the time of the most recent filing.":1,"#BlackRock’s investments in weapons manufacturers also equip and profit from war machines across the world that create massive refugee crises. In yet another attempt to distance itself from the harm tied to its business operations, BlackRock just <a ljsid-1=\"\">announced</a> a new partnership with the International Rescue Committee (IRC) to help refugees displaced by war in Ukraine and Afghanistan. However, as <em ljsid-3=\"\">Código rosa</em> <a ljsid-5=\"\">reports</a>, BlackRock maintains sizable investments in some of the largest weapons manufacturers in the world who are directly profiting from arms sales tied to many of the wars that are creating refugee crises.":1,"#BlackRock’s support of police power in the United States extends far beyond just New York City. As <em ljsid-1=\"\">Código rosa </em>has <a ljsid-3=\"\">reported</a>, BlackRock is the largest shareholder in Axon, a nationwide supplier of tasers, body cameras, and surveillance software to police departments around the country. BlackRock holds <a ljsid-5=\"\">10.4%</a> of Axon’s stock, which currently amounts to over $600 million invested in the company. In addition to being the largest shareholder, former Chief Investment Officer at BlackRock, Matthew McBrady, has <a ljsid-7=\"\">served</a> on the board of Axon since 2016.":1,"#To start, BlackRock oversees one of the <a ljsid-1=\"\">world’s biggest</a> fossil fuel portfolios. It is a top owner of the world’s most powerful and <a ljsid-3=\"\">most polluting</a> oil and gas corporations – from <a ljsid-5=\"\">ExxonMobil</a> a <a ljsid-7=\"\">Cheurón</a> and from <a ljsid-9=\"\">ConocoPhillips</a> a <a ljsid-11=\"\">Marathon Petroleum</a>. It recently led a consortium of investors that plowed <a ljsid-13=\"\">$15.5 billion</a> into Aramco, Saudi Arabia’s state-owned oil and gas company – and one of the world’s dirtiest fossil fuel companies.":1,"#BlackRock, the world’s biggest asset management firm, has been nominated for the 2022 Corporate <a ljsid-1=\"\">Salón de la Vergüenza</a> by our friends at <a ljsid-3=\"\">Responsabilidad Corporativa</a>.":1,"#Lea el informe breve para saber más.":1,"#Entonces, ¿por qué el mercado de carbono sigue siendo tan popular, a pesar de la creciente evidencia de que está fallando y presenta graves deficiencias?":1,"#El informe muestra que Brasil es solo un ejemplo de cómo las compensaciones de carbono y el mercado de carbono no constituyen una vía comprobada, significativa ni permanente para reducir las emisiones globales.":1,"#Esta investigación amplía el informe de Corporate Accountability <strong ljsid-1=\"\">“</strong><a ljsid-2=\"\"><strong ljsid-2-0=\"\">¿</strong>Diseñados para Fallar?</a>”, que reveló que, a pesar de las continuas “reformas” del MVC, más de 47,7 millones de créditos de compensación problemáticos fueron retirados a través de 43 de los mayores proyectos de compensación del mundo en 2024. Este volumen representa casi una cuarta parte de todo el mercado voluntario de carbono en 2024.":1,"#Muchos de los mayores proyectos de compensación en Brasil figuran entre los más grandes del Mercado Voluntario de Carbono (MVC)) a nivel global, incluido Pacajai REDD, clasificado como el séptimo proyecto más grande del mundo por créditos retirados en 2024.":1,"#Grandes corporaciones internacionales, incluidas BlackRock, Shell, Philip Morris y EY, retiraron créditos problemáticos asociados a estos proyectos en Brasil entre enero de 2024 y junio de 2025.":1,"#Verra, el mayor actor de la industria de compensaciones de carbono del mundo, alberga la mayoría de estos proyectos problemáticos en Brasil, representando 12,8 millones de compensaciones de carbono retiradas en este período.":1,"#Casi el 75% de los créditos provenientes de los 50 mayores proyectos de compensación de carbono retirados en Brasil entre enero de 2024 y junio de 2025 son “problemáticos” y no deberían considerarse confiables para lograr reducciones de emisiones.":1,"#Nuevos hallazgos examinan la naturaleza problemática de los mayores proyectos de compensación de carbono basados en Brasil, país anfitrión de las recientes negociaciones del tratado climático de la ONU de 2025 (COP30). La investigación sugiere que existe poca evidencia de que estos proyectos probablemente logren las reducciones de emisiones prometidas. Entre los hallazgos clave se ...":1,"#INFORME: Más del 70% de todos los créditos de carbono retirados recientemente en Brasil son problemáticos - Corporate Accountability":1,"#”, que reveló que, a pesar de las continuas “reformas” del MVC, más de 47,7 millones de créditos de compensación problemáticos fueron retirados a través de 43 de los mayores proyectos de compensación del mundo en 2024. Este volumen representa casi una cuarta parte de todo el mercado voluntario de carbono en 2024.":1,"#Diseñados para Fallar?":1,"#<strong ljsid-0=\"\">¿</strong>Diseñados para Fallar?":1,"#Esta investigación amplía el informe de Corporate Accountability":1,"#Entre los hallazgos clave se incluyen:":1,"#Nuevos hallazgos examinan la naturaleza problemática de los mayores proyectos de compensación de carbono basados en Brasil, país anfitrión de las recientes negociaciones del tratado climático de la ONU de 2025 (COP30). La investigación sugiere que existe poca evidencia de que estos proyectos probablemente logren las reducciones de emisiones prometidas.":1,"#Not mariaelena? <a ljsid-1=\"\">Click here</a>.":1,"#Welcome back, mariaelena!":1,"#CORPORATE ACCOUNTABILITY ANNUAL MEMBER SURVEY - Corporate Accountability":1,"#CORPORATE ACCOUNTABILITY ANNUAL MEMBER SURVEY":1,"#Esta investigación amplía el informe de Corporate Accountability “ <a ljsid-1=\"\">“Construido para fallar”,</a> que reveló que a pesar de las “reformas” en curso del VCM, más de 47,7 millones de créditos de compensación problemáticos se retiraron a través de 43 de los proyectos de compensación más grandes del mundo en 2024. Este volumen representa casi una cuarta parte de todo el VCM en 2024. Muestra que Brasil es solo un ejemplo de cómo las compensaciones de carbono y el mercado de carbono no son una vía probada, significativa y permanente para la reducción de las emisiones globales.":1,"#LETTER FROM THE<br ljsid-1=\"\">Director ejecutivo":1,"#de Vrinda Manglik":1,"#Pronouns: She/her or they/them":1,"#Google Analytics":1,"#Lidy Nacpil is an activist working on economic, environmental, social and gender justice issues in national, regional, and global campaigns. She is the coordinator of the Asian Peoples’ Movement on Debt and Development, co-coordinator of the Global Campaign to Demand Climate Justice, and member of the global Coordinating Committee of the Global Alliance on Tax ...":1,"#Lidy Nacpil - Corporate Accountability":1,"#Lidy Nacpil is an activist working on economic, environmental, social and gender justice issues in national, regional, and global campaigns. She is the coordinator of the Asian Peoples’ Movement on Debt and Development, co-coordinator of the Global Campaign to Demand Climate Justice, and member of the global Coordinating Committee of the Global Alliance on Tax Justice. She also serves as the convener of the Philippine Movement for Climate Justice and vice president of the Freedom from Debt Coalition.":1,"#AU":1,"#Google Fonts":1,"#<strong ljsid-1=\"\">Spotlight:</strong> Colectivo Negro":1,"#Fiscal year 2022 Annual Report - Corporate Accountability":1,"#See how Corporate Accountability's campaigns this year advanced systems change that puts people—not corporate interests—first.":1,"#FY 2022 Annual Report - Corporate Accountability":1,"#We go deep to go far.":1,"#Explore the FY22 Annual Report":1,"#Fiscal Year 22 Annual Report":1,"#What you made possible this year":1,"#In the years since, Veolia has poured money into dubious <a ljsid-1=\"\">relaciones públicas</a> <a ljsid-3=\"\">efforts</a> to distort and distract from the accusations related to its role in the crisis.":1,"#votes with management in the “climate-critical” industries it invests in. Between 2015 and 2019, BlackRock actively":1,"#According to the shareholder advocacy group Majority Action, BlackRock":1,"#in Australia, which over 100 companies have ruled out investing in due to public pressure. Not BlackRock, though!":1,"#BlackRock invested in Adani Group’s dirty":1,"#invested in the industry. This includes the":1,"#into companies developing new coal assets. BlackRock remains the single largest institutional investor in coal, with around":1,"#BlackRock has recently plunged more than":1,"#in the coal industry. While insurance and investment for the coal industry":1,"#BlackRock also remains one of the world’s":1,"#to the New York City Police Foundation, which supplies equipment and surveillance technology to a New York Police Department that has targeted Black and Brown communities in New York for decades.":1,"#invested in military weapons’ companies. Larry Fink has been a":1,"#invested in civilian gun manufacturers and retailers and an astounding":1,"#in investments in corporations that are propelling our climate catastrophe. It has":1,"#, and public health. However, BlackRock’s investment activity and governance practices drive business operations that directly harm Black and Indigenous communities and people of color around the world. The firm props up the fossil fuel industry to the tune of":1,"#to brand the firm as sensitive to global challenges like climate change, structural":1,"#BlackRock’s Founder, Chairman and CEO, Larry Fink, has":1,"#for the United States and China. BlackRock is a top shareholder across a wide range of global industries that include oil and gas, technology, retail, big banks, healthcare, weapons manufacturing, and much more. All this makes BlackRock one of the most powerful corporate actors on the planet, whose influence touches every aspect of our daily lives.":1,"#in assets under management. That’s more than the GDP of every country in the world":1,"#BlackRock has nearly":1,"#For all these reasons and more, we believe BlackRock is an excellent candidate to enter Corporate Accountability’s Corporate Hall of Shame in 2022.":1,"#and much, much more. Where there is corporate-driven harm going on, you’ll almost always find BlackRock.":1,"#While we’ve only examined a few areas of the shameful impacts of BlackRock’s business operations, there are many more examples we could look at, ranging from":1,"#) and Sportsman Warehouse Holdings (":1,"#BlackRock is also a top owner of major gun and ammunition retailers like Big 5 Sporting Goods (":1,"#12.52% of National Presto, a $67.9 million stake at the time of the most recent filing.":1,"#, the “largest volume producer of 40mm Grenade Ammunition and Fuzing in the world” along with several other explosives manufacturers. BlackRock":1,"#, which owns":1,"#11.26% of Ammo, a $27.4 million stake at the time of the most recent filing.":1,"#manufacturer of armor piercing bullets. BlackRock":1,"#ammunition to the US military and the police and is a":1,"#, which":1,"#10.4% of Olin, an $825.8 million stake at the time of the most recent filing.":1,"#, the largest manufacturer for small caliber ammunition for the United States military. BlackRock":1,"#, a manufacturer of ammunition and chemical products that also owns":1,"#owner of Vista, a $307.7 million stake at the time of the most recent filing.":1,"#ammunition, primers, and powder directly to consumers in addition to law enforcement and the military. BlackRock is a":1,"#of BlackRock’s Fixed Income Mutual Funds.":1,"#(6.6%). BlackRock executives and governors also have interlocking roles with these defense manufacturers. For example, Boeing director Stayce D. Harris is":1,"#(5.5%), and":1,"#BlackRock has tens of billions invested in the top military contractors in the United States. It is a top beneficial owner of":1,"#, BlackRock maintains sizable investments in some of the largest weapons manufacturers in the world who are directly profiting from arms sales tied to many of the wars that are creating refugee crises.":1,"#a new partnership with the International Rescue Committee (IRC) to help refugees displaced by war in Ukraine and Afghanistan. However, as":1,"#BlackRock’s investments in weapons manufacturers also equip and profit from war machines across the world that create massive refugee crises. In yet another attempt to distance itself from the harm tied to its business operations, BlackRock just":1,"#that announced an internal policy change to allow clients to choose not to invest in gun manufacturers or retailers, as well as a statement claiming that it would “[engage] with firearms manufacturers and retailers in which our clients are invested regarding business policies and practices.”":1,"#a Smith & Wesson rifle, BlackRock issued a":1,"#In the past, BlackRock has tried to distance itself from the gun industry and the violence it perpetuates. For example, in response to the Parkland mass shooting in 2018, where the shooter":1,"#of shares, worth nearly $200 million. According to reports out of Palestine, the gun used to kill Al-Jazeera journalist Shireen Abu Akleh was a Sturm Ruger Mini-semi automatic 14 rifle.":1,"#earlier this month, BlackRock is the largest shareholder in weapons manufacturer Sturm, Ruger, & Company, owning":1,"#As we":1,"#. The company also makes assault weapons and restraints marketed and sold to police departments.":1,"#in the police departments in New York City, Los Angeles, Houston, Detroit, and":1,"#in the company. Smith & Wesson guns or ammunition are":1,"#BlackRock is also the largest investor in gun manufacturer Smith & Wesson, with an":1,"#in the last five years.":1,"#, Tucson, St. Louis, and Pittsburgh. BlackRock has directly benefited from Axon’s":1,"#Chicago,":1},"version":7444}]