iShares MSCI ACWI ex U.S. ETF
Shareclass
iShares MSCI ACWI ex US ETF (ACWX)
Type
Exchange-traded 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
14.15%
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
131
holdings flagged
14%
of assets flagged
This fund contains
$850.43 MILLION 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!
Sign the petition
Commodity producers
37 holdings
1.19% of assets
$71.85 MILLION invested
Banks and lenders
31 holdings
5.8% of assets
$351.25 MILLION invested
Major consumer brands
72 holdings
7.47% of assets
$452.17 MILLION invested
Commodity producers
37 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
37 HOLDINGS
- % of portfolio$ invested
- 1. Mitsubishi Corp
0.24%0.24% of portfolio$14.41M$14.41M invested - 2. ITOCHU Corp
0.22%0.22% of portfolio$13.14M$13.14M invested - 3. Glencore PLC
0.12%0.12% of portfolio$7.04M$7.04M invested - 4. Marubeni Corp0.09%0.09% of portfolio$5.39M$5.39M invested
- 5. UPM-Kymmene Oyj0.05%0.05% of portfolio$2.94M$2.94M invested
View next 5
Banks and lenders
31 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
31 HOLDINGS
View next 5
Major consumer brands
72 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
72 HOLDINGS
- % of portfolio$ invested
- 1. Nestle SA
0.99%0.99% of portfolio$60.23M$60.23M invested - 2. Shell PLC0.71%0.71% of portfolio$43.06M$43.06M invested
- 3. Unilever PLC0.55%0.55% of portfolio$33.62M$33.62M invested
- 4. Lvmh Moet Hennessy Louis Vuitton SE0.54%0.54% of portfolio$32.91M$32.91M invested
- 5. L'Oreal SA0.37%0.37% of portfolio$22.87M$22.87M invested
View next 5
View more info
DATA AS OF 30 Apr 2025
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 MSCI ACWI ex U.S. ETF ACWX
Environment
Social
Search more funds
Financial performance
Performance data provided by
Find more financial data on ACWX at Morningstar.com
Find more financial data on ACWX 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