[London 14th Reuters]-An environmental protection organization "Extension Rebellion" that has been protesting in cities around the world for two weeks in search of climate change measures Various activities. It aimed at the world's largest asset management company, US Black Rock <BLK.N>. Major financial institutions are demanding that they don't provide the funds needed for the development and construction of fossil fuel companies' new mines, oil fields and pipelines.
Activists put on their bodies on the Black Rock building doors and performed a “dinner” with plates with a stack of bills.
In addition to Black Rock, around the Bank of England (Bank of China), Bank of China, UK Barclays <BARC.L>, etc., raising flags, calling loudspeakers to passers-by, blocking roads did.
On the same day, police ordered the suspension of all relevant gatherings in the city, and activists withdrew tents in some areas, such as Trafalgar Square. But the group says it will continue to work in London and around the world.
The Extension Rebellion is a movement that puts pressure on the government to reduce carbon emissions and prevent environmental destruction by disrupting economic activities. Already over 1400 people have been arrested in London, with almost the same number arrested in 20 cities including the Netherlands, Belgium, the US, Australia, Canada and New Zealand.
British science journalist Emily Grossman, who participated in the Black Rock protest, said funding for the fossil fuel project was hindering the goals of the Paris Agreement, saying, “To our lives and to the lives of our descendants. "Crime that is being done against".
Activists put pressure on index management fund companies such as Black Rock because they have a strong influence on companies that invest large amounts of money. According to Reuters' analysis of the shareholder vote this month, big players such as Black Rock, Vanguard Group and State Street have rarely made such exercises.
