blackrock

In November 2024, Friends of the Earth US and the Articulation of Indigenous Peoples of Brazil (APIB) filed an OECD complaint against BlackRock, alleging the company contributed to environmental destruction and human rights abuses through investments in agribusiness companies linked to deforestation and Indigenous land-rights violations. The complaint alleges BlackRock increased investments in companies associated with Amazon deforestation, biodiversity loss, and violence against Indigenous communities despite repeated public warnings and years of advocacy pressure. Public sources: https://www.theguardian.com/environment/2024/nov/20/blackrock-climate-human-rights https://www.oecdwatch.org/complaint/friends-of-the-earth-us-and-the-articulation-of-indigenous-peoples-of-brazil-apib-vs-blackrock/