{
  "docId": "019dd923-622b-71dc-a6dd-111c214d7426",
  "docSlug": "4eddd58336e4",
  "documentTitle": "BlackRock (BLK)",
  "authorId": "23_Bluebell_Capital",
  "authorName": "Giuseppe Bivona and Marco Taricco",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-04-09 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.4444444,
  "pageNumber": 49,
  "pageCount": 86,
  "prevPage": 48,
  "nextPage": 50,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a press release excerpt and a quote to frame the appointment as a conflict of interest regarding climate commitments.",
  "elementsJson": [
    "headline_text",
    "screenshot",
    "quote_block",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dd-111c214d7426/49",
  "deckHref": "/decks/019dd923-622b-71dc-a6dd-111c214d7426",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dd-111c214d7426.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dd-111c214d7426#slide-49",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "BlackRock shareholders expect climate-competent, not climate-conflicted, directors",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-0396-73da-b915-745c2105bbd2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.85,
        "x": 0.07,
        "y": 0.0018
      },
      "kind": "paragraph",
      "text": "BlackRock Elects Amin H. Nasser to Board of Directors 17 Jul 2023 NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE: BLK) announced today that it is naming the Chief Executive Officer of the Saudi Arabian Oil Company (“Aramco”), one of the world’s largest integrated energy companies, to BlackRock’s Board of Directors (“Board”), while also preparing for the departure of a Board member. [...]",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9d503983-a745-4aff-819d-6d3bd8f73cf4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.92,
        "x": 0.04,
        "y": 0.6
      },
      "kind": "quote",
      "text": "“BlackRock clearly stated that climate risk is an investment risk, but actions speak louder than words. The appointment of the CEO of the world’s largest oil producer to BlackRock’s board undermines its own stated climate commitments. At a time when financial institutions need to take a collective approach to addressing the financial risks from climate change, BlackRock shareholders expect climate-competent, not climate-conflicted, directors” (Brad Lander, the New York City Comptroller, 19 July 2023)(2)",
      "attrs": null,
      "subkind": "pull-quote",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9003d4c3-0a66-4c0d-b105-887e2ca74a57",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "BlackRock clearly stated that climate risk is an investment risk, but actions speak louder than words. The appointment of the CEO of the world’s largest oil producer to BlackRock’s board undermines its own stated climate commitments. At a time when financial institutions need to take a collective approach to addressing the financial risks from climate change, BlackRock shareholders expect climate-competent, not climate-conflicted, directors — Brad Lander, the New York City Comptroller, 19 July 2023",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-0396-73da-b915-7b3160488b2d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.04,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "1. Source: https://comptroller.nyc.gov/newsroom/nyc-comptroller-lander-statement-on-blackrocks-new-board-appointment/",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0a4ff500-09e3-46f3-9db3-e689d590a517",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.85,
        "x": 0.07,
        "y": 0.04
      },
      "kind": "title",
      "text": "BlackRock’s appointment to the Board of Saudi Aramco CEO (July 2023)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2a3318c8-ac3f-41ac-9e83-6ed4411c60f3",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ceo-quote-contradiction",
      "slug": null,
      "matchId": "e3c9fbba-2b3f-48e0-a013-23b68a0202de",
      "evidence": "The slide juxtaposes a corporate action (Aramco CEO appointment) with a critical quote highlighting the contradiction with stated climate goals.",
      "confidence": 0.95
    }
  ],
  "arcBeats": [
    {
      "to": 86,
      "from": 41,
      "beatId": "f205ac57-e480-4775-86ec-0e53ff9088b6",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Victory - Achieving Independence",
      "beatSlug": "overcoming-monster-the-victory",
      "evidence": "The document concludes by presenting a clear victory condition - the adoption of an independent board chair - and supporting evidence.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}