Exchange-traded fund
iShares MSCI ACWI ex U.S. ETF
TickerACWX
Fund manager
Investments in major fossil fuel companies
Top 200 carbon reserves$38 MILLION
Top 200 carbon reserves$29.34 MILLION
Top 200 carbon reserves$29.06 MILLION
Top 200 carbon reserves$20.21 MILLION
Reliance Industries Ltd
Top 200 carbon reserves$17.62 MILLION
Top 200 carbon reserves$12.24 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Carbon Underground 200
68
holdings
$300.15M
invested
7.21%
of portfolio
Coal industry
Coal miners, coal services, owners of coal reserves
65
holdings
$146.6M
invested
3.52%
of portfolio
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
101
holdings
$357.62M
invested
8.59%
of portfolio
Utility sector
Top 30 coal-fired utilities
Macroclimate 30
14
holdings
$22.69M
invested
0.54%
of portfolio
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
92
holdings
$134.03M
invested
3.22%
of portfolio
When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
183 holdings
183 holdings
- 1. Shell PLC
$38M0.91% - 2. BHP Group Ltd
$29.34M0.7% - 3. TotalEnergies SE$29.06M0.7%
- 4. BP PLC$20.21M0.49%
- 5. Reliance Industries Ltd$17.62M0.42%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Business as usual is fueling climate destruction.
iShares MSCI ACWI ex U.S. ETF $ACWX is 11% invested in fossil fuel stocks, with $460.62 MILLION invested across 183 equity holdings
Tweet 
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.comRecent blog posts
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
Invest Your Values is funded by contributions to As You Sow, a non-profit 501(c)3.
Invest Your Values is a project by As You Sow, a 501(c)3 nonprofit empowering shareholders to change corporations for good
© Copyright 2023 As You Sow. All rights reserved.
2020 Milvia St, Suite #500, Berkeley, CA 94704
2020 Milvia St, Suite #500, Berkeley, CA 94704
Connect with As You Sow
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