Invesco Food & Beverage ETF
Shareclass
Invesco Food & Beverage ETF (PBJ)
Type
Exchange-traded fund
Manager
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 1.5%. Assigned a grade of F.
How we track deforestation-risk investments
How we track deforestation-risk investments
F
41.18%
INVESTED IN DEFORESTATION-RISK COMPANIES
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
11
holdings flagged
41%
of assets flagged
This fund contains
$40.17 MILLION invested
in holdings flagged for deforestation riskInvesco has big investments in companies like Sysco, Tyson, Hormel and Noble Group that grow, trade or use palm oil, cattle, rubber and soy in their products but have failed to eliminate deforestation from their operations. This means Invesco has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. In order to do that, Invesco needs to a No Deforestation Policy. Tell Invesco to adopt a No Deforestation Policy!
Sign the petition
Commodity producers
4 holdings
11% of assets
$10.54 MILLION invested
Banks and lenders
0 holdings
0% of assets
$0 invested
Major consumer brands
10 holdings
38% of assets
$37.4 MILLION invested
Commodity producers
4 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
4 HOLDINGS
- % of portfolio$ invested
- 1. Archer-Daniels-Midland Co
2.86%2.86% of portfolio$2.79M$2.79M invested - 2. Adecoagro SA2.83%2.83% of portfolio$2.76M$2.76M invested
- 3. Tyson Foods Inc Class A
2.66%2.66% of portfolio$2.6M$2.6M invested - 4. JBS NV Ordinary Shares - Class A
2.45%2.45% of portfolio$2.39M$2.39M invested
Banks and lenders
0 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
Major consumer brands
10 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
10 HOLDINGS
- % of portfolio$ invested
- 1. Sysco Corp
5.07%5.07% of portfolio$4.94M$4.94M invested - 2. Mondelez International Inc Class A
5.03%5.03% of portfolio$4.91M$4.91M invested - 3. The Hershey Co5.03%5.03% of portfolio$4.9M$4.9M invested
- 4. The Kroger Co
5.01%5.01% of portfolio$4.89M$4.89M invested - 5. The Kraft Heinz Co4.85%4.85% of portfolio$4.73M$4.73M invested
View next 5
View more info
DATA AS OF 31 Oct 2025
See the impact of your investments
Regular updates on sustainability risks and ethical concerns in everyday investment products
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
Invesco Food & Beverage ETF PBJ
Environment
Social
Search more funds
Financial performance
Performance data provided by
Find more financial data on PBJ at Morningstar.com
Find more financial data on PBJ at Morningstar.comTake 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.
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco
Disclaimer: As You Sow is not an investment adviser
As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer
See our full disclaimer