The move followed criticism of the money manager from activists who argued that its investments in coal were at odds with the societal focus Fink puts forward in his highly publicized annual investor letter. BlackRock has voted against every single resolution backed by the Climate Action 100+ investor coalition to tackle greenhouse gas. "Your letters to CEOs and investors suggest that you understand the extent of the effects that climate change will have on the economy, and that BlackRock, as a fiduciary to your clients needs to understand climate risks across the investments it makes," wrote Warren, along with Sens. Sheldon Whitehouse, D-R.I, Cory Booker, D-N.J., and Chris Van Hollen, D-Md.