Fossil fuel companiesare fueling the climate crisis.


iShares ESG Aware MSCI EM ETF

Shareclass
iShares ESG Aware MSCI EM ETF (ESGE)
Type
Exchange-traded fund
Sustainability mandate
Fossil fuel exposure of 6.16% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
Petroleo Brasileiro SA Petrobras Participating Preferred
Carbon Underground 200Top 200 carbon reserves
$14.7 MILLION
Orlen SA
Carbon Underground 200Top 200 carbon reserves
$11.07 MILLION
Petroleo Brasileiro SA Petrobras
Carbon Underground 200Top 200 carbon reserves
$5.25 MILLION
China Petroleum & Chemical Corp Class H
Carbon Underground 200Top 200 carbon reserves
$4.1 MILLION
Rosneft Oil Co
Carbon Underground 200Top 200 carbon reserves
$72
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
5
holdings
$35.12M
invested
0.8%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
4
holdings
$25.32M
invested
0.58%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
16
holdings
$220.48M
invested
5.05%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
9
holdings
$68.57M
invested
1.57%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
23 holdings
23 holdings
  • 1. Reliance Industries Ltd
    Oil/gas industry
    $68.57M
    1.57%
  • 2. Ptt PCL Units Non-Voting Depository Receipt
    Oil/gas industry
    $17.96M
    0.41%
  • 3. SK Inc
    Oil/gas industry
    $16.68M
    0.38%
  • 4. Metlen Energy & Metals SA
    Oil/gas industry
    $15.54M
    0.36%
  • 5. Saudi Basic Industries Corp
    Oil/gas industry
    $15.08M
    0.35%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
iShares ESG Aware MSCI EM ETF $ESGE is 6.16% ($269.15 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on ESGE at Morningstar.com
Current fund
ESGE
iShares ESG Aware MSCI EM ETF
Family
BlackRock/iShares
Category
Diversified Emerging Mkts
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-2.61% less in annualized returns
Less invested in fossil fuels 
5.04% less invested
Lower fossil finance risk score 
20 points lower
Lower fossil insurance risk score 
10 points lower
More invested in Clean200 
2.88% more invested
Current fund
ESGE
iShares ESG Aware MSCI EM ETF
Family
BlackRock/iShares
Category
Diversified Emerging Mkts
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-2.61% less in annualized returns
Less invested in fossil fuels 
5.04% less invested
Lower fossil finance risk score 
20 points lower
Lower fossil insurance risk score 
10 points lower
More invested in Clean200 
2.88% more invested
Current fund
ESGE
iShares ESG Aware MSCI EM ETF
Family
BlackRock/iShares
Category
Diversified Emerging Mkts
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-2.61% less in annualized returns
Less invested in fossil fuels 
5.04% less invested
Lower fossil finance risk score 
20 points lower
Lower fossil insurance risk score 
10 points lower
More invested in Clean200 
2.88% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
ESGE - iShares ESG Aware MSCI EM ETF
12%
-2.38%
2.72%
/
6.16% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
2.85%
5.33%
4.53%
11% 
Fund compared to benchmark
 
-1.47%
-5.23%
-2.61%
/
5.04%  lower
Find more financial data on ESGE at Morningstar.com
What's next?
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