BlackRock LifePath ESG Index 2045 Fund

Shareclass
BlackRock LifePath ESG Index 2045 K (LEHKX)
Type
Open-end mutual fund
Target date
BlackRock LifePath ESG Index Series
Sustainability mandate
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
10.64%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
159
holdings flagged
11%
of assets flagged
This fund contains
 $972,111 invested 
in holdings flagged for deforestation risk
BlackRock, the world's largest investment firm, is among the world's top investors in the agribusiness companies responsible for destroying our tropical rainforests. To make the urgent transformations needed to end global deforestation and reign in the climate crisis, BlackRock needs to change its ways. Tell BlackRock to adopt a No Deforestation Policy!
Sign the petition
producers
Commodity producers
43 holdings
0.58% of assets
$53,061 invested
banks
Banks and lenders
31 holdings
2.73% of assets
$251,702 invested
consumers
Major consumer brands
94 holdings
7.5% of assets
$689,868 invested
Commodity producers
Commodity producers
43 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
43 HOLDINGS
  • % of portfolio
    $ invested
  • 1. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.09%0.09% of portfolio
    $8,404$8,404 invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 2. Bunge Global SA
    Soy producerPaper/pulp producerPalm oil producer
    0.09%0.09% of portfolio
    $7,961$7,961 invested
    Soy producerPaper/pulp producerPalm oil producer
  • 3. Archer-Daniels Midland Co
    Soy producerPalm oil producer
    0.06%0.06% of portfolio
    $5,708$5,708 invested
    Soy producerPalm oil producer
  • 4. International Paper Co
    Paper/pulp producer
    0.05%0.05% of portfolio
    $4,471$4,471 invested
    Paper/pulp producer
  • 5. Mitsubishi Corp
    Palm oil producer
    0.05%0.05% of portfolio
    $4,425$4,425 invested
    Palm oil producer
View next 5
Banks and lenders
Banks and lenders
31 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
31 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.63%0.63% of portfolio
    $58,345$58,345 invested
  • 2. Bank of America Corp
    0.29%0.29% of portfolio
    $26,244$26,244 invested
  • 3. Morgan Stanley
    0.21%0.21% of portfolio
    $18,970$18,970 invested
  • 4. HSBC Holdings PLC
    0.18%0.18% of portfolio
    $16,353$16,353 invested
  • 5. Commonwealth Bank of Australia
    0.15%0.15% of portfolio
    $13,680$13,680 invested
View next 5
Major consumer brands
Major consumer brands
94 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
94 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.73%1.73% of portfolio
    $158,808$158,808 invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Procter & Gamble Co
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.52%0.52% of portfolio
    $47,428$47,428 invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 3. Costco Wholesale Corp
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.43%0.43% of portfolio
    $39,623$39,623 invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. The Home Depot Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.42%0.42% of portfolio
    $39,033$39,033 invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 5. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.3%0.3% of portfolio
    $27,597$27,597 invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 28 Feb 2025
Financial performance
Performance data provided byMorningstarFind more financial data on LEHKX at Morningstar.com
Current fund
LEHKX
BlackRock LifePath ESG Index 2045 Fund
Family
BlackRock/iShares
Category
Target-Date 2045
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 3-yr returns 
-3.43% less in annualized returns
More invested in commodity producers 
0.39% more invested
More invested in banks and lenders 
0.14% more invested
Less invested in major consumer brands 
4.31% less invested
Current fund
LEHKX
BlackRock LifePath ESG Index 2045 Fund
Family
BlackRock/iShares
Category
Target-Date 2045
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 3-yr returns 
-3.43% less in annualized returns
More invested in commodity producers 
0.39% more invested
More invested in banks and lenders 
0.14% more invested
Less invested in major consumer brands 
4.31% less invested
Current fund
LEHKX
BlackRock LifePath ESG Index 2045 Fund
Family
BlackRock/iShares
Category
Target-Date 2045
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 3-yr returns 
-3.43% less in annualized returns
More invested in commodity producers 
0.39% more invested
More invested in banks and lenders 
0.14% more invested
Less invested in major consumer brands 
4.31% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
LEHKX - BlackRock LifePath ESG Index 2045 Fund
6.48%
5.61%
/
/
0.58% 
Benchmark
IVV - iShares Core S&P 500 ETF
8.22%
9.03%
19%
12%
0.19% 
Fund compared to benchmark
 
-1.74%
-3.43%
/
/
0.39%  higher
Find more financial data on LEHKX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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