iShares Paris-Aligned Climate MSCI World Ex USA ETF
Shareclass
iShares Paris-Aligned ClmMSCIWldExUSAETF (PABD)
Type
Exchange-traded fund
Manager
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
How we track deforestation-risk investments
C
11.71%
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
45
holdings flagged
12%
of assets flagged
This fund contains
$11.53 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!
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Commodity producers
3 holdings
0.15% of assets
$153,176 invested
Banks and lenders
16 holdings
6.1% of assets
$6.05 MILLION invested
Major consumer brands
28 holdings
5.49% of assets
$5.45 MILLION invested
Commodity producers
3 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
3 HOLDINGS
- % of portfolio$ invested
- 1. UPM-Kymmene Oyj
0.11%0.11% of portfolio$113,928$113,928 invested - 2. Mondi PLC0.02%0.02% of portfolio$21,684$21,684 invested
- 3. Mitsubishi Corp
0.02%0.02% of portfolio$17,564$17,564 invested
Banks and lenders
16 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
16 HOLDINGS
View next 5
Major consumer brands
28 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
28 HOLDINGS
- % of portfolio$ invested
- 1. Lvmh Moet Hennessy Louis Vuitton SE
0.95%0.95% of portfolio$955,350$955,350 invested - 2. L'Oreal SA0.64%0.64% of portfolio$640,329$640,329 invested
- 3. RELX PLC0.46%0.46% of portfolio$463,514$463,514 invested
- 4. Fast Retailing Co Ltd0.35%0.35% of portfolio$353,564$353,564 invested
- 5. Reckitt Benckiser Group PLC0.3%0.3% of portfolio$304,723$304,723 invested
View next 5
View more info
DATA AS OF 31 Mar 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 Paris-Aligned Climate MSCI World Ex USA ETF PABD
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Find more financial data on PABD at Morningstar.com
Find more financial data on PABD at Morningstar.comTake Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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