Blackrock have a history of rubber-stamping executive pay packages. In the past, they've voted in favour of proposed CEO pay packages in something like 99% of cases. Some people have argued that doing so benefits Blackrock execs themselves because high pay then becomes the norm.
A lot of them outsource voting decisions to companies which exist just to aggregate the most "corporate/sensible" way to vote. So the parent saying "they're not activist investors" is probably true, but then every single vote proceeding along "maximise profit according to a consensus view" lines probably isn't great for society.
