Exchange-traded fund
iShares Global Clean Energy ETF
TickerICLNsocially responsible
Fund manager
BlackRock/iShares

Fossil fuel companiesare fueling the climate crisis.

Fossil fuel exposure of 12.68% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
No direct stock holdings
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
1
holdings
$115.87M
invested
2.05%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
1
holdings
$6.44M
invested
0.11%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
8
holdings
$709.12M
invested
13%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
9 holdings
9 holdings
  • 1. Consolidated Edison Inc
    Fossil-fired utility
    $300.98M
    5.33%
  • 2. EDP - Energias de Portugal SA
    Fossil-fired utility
    $173.94M
    3.08%
  • 3. Chubu Electric Power Co Inc
    Coal industryFossil-fired utility
    $115.87M
    2.05%
  • 4. Avangrid Inc
    Fossil-fired utility
    $58.8M
    1.04%
  • 5. BKW AG
    Fossil-fired utility
    $22.46M
    0.4%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
iShares Global Clean Energy ETF $ICLN is 13% invested in fossil fuel stocks, with $715.56 MILLION invested across 9 equity holdings
Tweet 
Financial performance
Performance data provided byMorningstarFind more financial data on ICLN at Morningstar.com
Current fund
ICLN
iShares Global Clean Energy ETF
Family
BlackRock/iShares
Category
Miscellaneous Sector
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/22
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
 10-yr returns 
6.34% more in annualized returns
More invested in fossil fuels 
2.74% more invested
Higher carbon footprint 
226 tonnes CO2e/$1M USD higher
More invested in Clean200 
44% more invested
Current fund
ICLN
iShares Global Clean Energy ETF
Family
BlackRock/iShares
Category
Miscellaneous Sector
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/22
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
 10-yr returns 
6.34% more in annualized returns
More invested in fossil fuels 
2.74% more invested
Higher carbon footprint 
226 tonnes CO2e/$1M USD higher
More invested in Clean200 
44% more invested
Current fund
ICLN
iShares Global Clean Energy ETF
Family
BlackRock/iShares
Category
Miscellaneous Sector
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/22
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
 10-yr returns 
6.34% more in annualized returns
More invested in fossil fuels 
2.74% more invested
Higher carbon footprint 
226 tonnes CO2e/$1M USD higher
More invested in Clean200 
44% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
ICLN - iShares Global Clean Energy ETF
-3.79%
28%
21%
15%
13% 
Benchmark
ACWI - iShares MSCI ACWI ETF
-15.95%
7.97%
7.07%
8.85%
9.94% 
Fund compared to benchmark
 
12%
20%
14%
6.34%
2.74%  higher
Find more financial data on ICLN at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Ask your employer about fossil free options for your retirement plan
Find sustainable funds that are A-grade fossil free
Divest Invest invites you to join them in pledging to invest fossil free
Visit Deforestation Free Funds to see exposure to rainforest destruction
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:


We offer sustainable investment tools that highlight issues dealing with climate change, gender equality and more

About us

Invest Your Values is funded by contributions to As You Sow, a non-profit 501(c)3.

Donate

Invest Your Values is a project by As You Sow, a 501(c)3 nonprofit empowering shareholders to change corporations for good

Visit As You Sow

Legal    
© Copyright 2022 As You Sow. All rights reserved.
2020 Milvia St, Suite #500, Berkeley, CA 94704

Connect with As You Sow

Contact us      

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