Exchange-traded fund
iShares Core MSCI EAFE ETF
TickerIEFA
Fund manager
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
How we track deforestation-risk investments
D
17.7%
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
105
holdings flagged
18%
of assets flagged
This fund contains
$16.64 BILLION invested
in holdings flagged for deforestation riskBlackRock, 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!
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Commodity producers
24 holdings
1.48% of assets
$1.39 BILLION invested
Banks and lenders
21 holdings
5.82% of assets
$5.47 BILLION invested
Major consumer brands
67 holdings
11% of assets
$10.25 BILLION invested
Commodity producers
24 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
24 HOLDINGS
- % of portfolio$ invested
- 1. Glencore PLC
0.35%0.35% of portfolio$327.97M$327.97M invested - 2. Mitsubishi Corp0.24%0.24% of portfolio$226.2M$226.2M invested
- 3. ITOCHU Corp
0.2%0.2% of portfolio$188.45M$188.45M invested - 4. Neste Corp0.12%0.12% of portfolio$109.34M$109.34M invested
- 5. Marubeni Corp0.11%0.11% of portfolio$104.08M$104.08M invested
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Banks and lenders
21 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
21 HOLDINGS
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Major consumer brands
67 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
67 HOLDINGS
- % of portfolio$ invested
- 1. Nestle SA
1.76%1.76% of portfolio$1.66B$1.66B invested - 2. LVMH Moet Hennessy Louis Vuitton SE1.31%1.31% of portfolio$1.23B$1.23B invested
- 3. Shell PLC1.22%1.22% of portfolio$1.15B$1.15B invested
- 4. Unilever PLC0.72%0.72% of portfolio$675.89M$675.89M invested
- 5. L'Oreal SA0.54%0.54% of portfolio$511.21M$511.21M invested
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DATA AS OF 2/28/23
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.
iShares Core MSCI EAFE ETF IEFA
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Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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