Amazon Watch, a non-profit advocacy organization. BlackRock claims that plans to reduce the growth of fossil fuel production is too restrictive. Yet the scientific consensus, and even the International Energy Agency, make clear that ending new fossil fuel production is the minimum needed to avoid catastrophic climate change that will negatively impact all investors — not to mention every living being on the planet. BlackRock has not voted in accordance with the needs of shareholders. Shareholder proposals are now aligned to what is needed to deal with the growing crisis. BlackRock has not yet responded to our request. BlackRock, however, stated that the current geopolitical risks are also affecting its voting strategy for this year in its BIS Letter. Global energy markets are being affected by the conflict in Ukraine, and the resulting international efforts to reduce Russian oil.