iShares MSCI ACWI Low Carbon Target ETF

Shareclass
iShares MSCI ACWI Low Carbon Target ETF (CRBN)
Type
Exchange-traded fund
Sustainability mandate
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
12.12%
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
70
holdings flagged
12%
of assets flagged
This fund contains
 $110.11 MILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
1 holdings
0.01% of assets
$99,496 invested
banks
Banks and lenders
24 holdings
3.12% of assets
$28.44 MILLION invested
consumers
Major consumer brands
45 holdings
8.94% of assets
$81.57 MILLION invested
Commodity producers
Commodity producers
1 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%.
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Suzano SA
    Timber producerPaper/pulp producer
    0.01%0.01% of portfolio
    $99,496$99,496 invested
    Timber producerPaper/pulp producer
Banks and lenders
Banks and lenders
24 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).
24 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.76%0.76% of portfolio
    $6.95M$6.95M invested
  • 2. Bank of America Corp
    0.33%0.33% of portfolio
    $3.01M$3.01M invested
  • 3. HSBC Holdings PLC
    0.24%0.24% of portfolio
    $2.19M$2.19M invested
  • 4. Mitsubishi UFJ Financial Group Inc
    0.22%0.22% of portfolio
    $2.01M$2.01M invested
  • 5. Citigroup Inc
    0.21%0.21% of portfolio
    $1.9M$1.9M invested
View next 5
Major consumer brands
Major consumer brands
45 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).
45 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
    2.31%2.31% of portfolio
    $21.15M$21.15M 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
    0.63%0.63% of portfolio
    $5.75M$5.75M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 3. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.62%0.62% of portfolio
    $5.65M$5.65M invested
    Paper/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
    0.56%0.56% of portfolio
    $5.13M$5.13M invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 5. Lvmh Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.41%0.41% of portfolio
    $3.76M$3.76M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 29 Feb 2024
Financial performance
Performance data provided byMorningstarFind more financial data on CRBN at Morningstar.com
Current fund
CRBN
iShares MSCI ACWI Low Carbon Target ETF
Family
BlackRock/iShares
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
0.29% more in annualized returns
Less invested in commodity producers 
0.65% less invested
Less invested in banks and lenders 
0.04% less invested
Less invested in major consumer brands 
1.6% less invested
Current fund
CRBN
iShares MSCI ACWI Low Carbon Target ETF
Family
BlackRock/iShares
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
0.29% more in annualized returns
Less invested in commodity producers 
0.65% less invested
Less invested in banks and lenders 
0.04% less invested
Less invested in major consumer brands 
1.6% less invested
Current fund
CRBN
iShares MSCI ACWI Low Carbon Target ETF
Family
BlackRock/iShares
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
0.29% more in annualized returns
Less invested in commodity producers 
0.65% less invested
Less invested in banks and lenders 
0.04% less invested
Less invested in major consumer brands 
1.6% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
CRBN - iShares MSCI ACWI Low Carbon Target ETF
24%
6.82%
11%
/
0.01% 
Benchmark
ACWI - iShares MSCI ACWI ETF
23%
6.8%
11%
8.54%
0.66% 
Fund compared to benchmark
 
0.67%
0.01%
0.29%
/
0.65%  lower
Find more financial data on CRBN 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.
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

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