Exchange-traded fund
iShares MSCI ACWI Low Carbon Target ETF
TickerCRBNsocially responsible
Fund manager
BlackRock/iShares

Fossil fuel companiesare fueling the climate crisis.

Fossil fuel exposure of 7.27% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
Berkshire Hathaway Inc Class B
Macroclimate 30Top 30 coal-fired power
$5.15 MILLION
Pioneer Natural Resources Co
Carbon Underground 200Top 200 carbon reserves
$3.39 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$3.02 MILLION
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$2.69 MILLION
Devon Energy Corp
Carbon Underground 200Top 200 carbon reserves
$2.61 MILLION
ConocoPhillips
Carbon Underground 200Top 200 carbon reserves
$1.94 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
14
holdings
$18.32M
invested
2.1%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
13
holdings
$7.31M
invested
0.84%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
48
holdings
$47.07M
invested
5.39%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1
holdings
$5.15M
invested
0.59%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
29
holdings
$21.75M
invested
2.49%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
72 holdings
72 holdings
  • 1. Berkshire Hathaway Inc Class B
    Macroclimate 30Fossil-fired utility
    $5.15M
    0.59%
  • 2. Pioneer Natural Resources Co
    Carbon Underground 200Oil/gas industry
    $3.39M
    0.39%
  • 3. Chevron Corp
    Carbon Underground 200Oil/gas industry
    $3.02M
    0.35%
  • 4. Shell PLC
    Carbon Underground 200Oil/gas industry
    $2.69M
    0.31%
  • 5. Devon Energy Corp
    Carbon Underground 200Oil/gas industry
    $2.61M
    0.3%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
iShares MSCI ACWI Low Carbon Target ETF $CRBN is 7.27% invested in fossil fuel stocks, with $63.46 MILLION invested across 72 equity holdings
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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: 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
 5-yr returns 
<0.01% more in annualized returns
Less invested in fossil fuels 
2.67% less invested
Lower carbon footprint 
85 tonnes CO2e/$1M USD lower
More invested in Clean200 
0.64% more 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: 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
 5-yr returns 
<0.01% more in annualized returns
Less invested in fossil fuels 
2.67% less invested
Lower carbon footprint 
85 tonnes CO2e/$1M USD lower
More invested in Clean200 
0.64% more 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: 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
 5-yr returns 
<0.01% more in annualized returns
Less invested in fossil fuels 
2.67% less invested
Lower carbon footprint 
85 tonnes CO2e/$1M USD lower
More invested in Clean200 
0.64% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
CRBN - iShares MSCI ACWI Low Carbon Target ETF
-16.5%
8.01%
7.07%
/
7.27% 
Benchmark
ACWI - iShares MSCI ACWI ETF
-15.95%
7.97%
7.07%
8.85%
9.94% 
Fund compared to benchmark
 
-0.56%
0.04%
<0.01%
/
2.67%  lower
Find more financial data on CRBN at Morningstar.com
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