BlackRock, the world’s largest asset manager, is under scrutiny for its investments in agribusiness, which allegedly contribute to environmental and human rights abuses globally, specifically in relation to deforestation and rights violations of indigenous communities.
The complaint emphasizes that, despite the potential risks involved in investments linked to ecological and social harm, BlackRock continues to allocate substantial assets to companies that are implicated in the destruction of vital ecosystems, undermining its purported mission of creating a better financial future.
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