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iShares MSCI Emerging Markets ETF - BlackRock/iShares

Shareclass
iShares MSCI Emerging Markets ETF (EEM)
Type
Exchange-traded fund
Manager
BlackRock/iShares
Filing
NPORT filing 31 Aug 2025
Fossil fuel exposure of 9.02% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
$1.75 BILLION
in fossil fuel investments
149
fossil fuel stocks found
9.02%
of assets flagged
Portfolio data as of 8/31/25
Investments in major fossil fuel companies
Saudi Arabian Oil Co
Carbon Underground 200Top 200 carbon reserves
$79.39 MILLION
Petroleo Brasileiro SA - Petrobras
Carbon Underground 200Top 200 carbon reserves
$48.58 MILLION
PetroChina Co Ltd
Carbon Underground 200Top 200 carbon reserves
$42.4 MILLION
NTPC Ltd
Carbon Underground 200Top 200 carbon reservesMacroclimate 50Top 50 coal-fired power
$33.73 MILLION
China Shenhua Energy Co Ltd
Carbon Underground 200Top 200 carbon reservesMacroclimate 50Top 50 coal-fired power
$31.46 MILLION
Tata Steel Ltd
Carbon Underground 200Top 200 carbon reserves
$27.29 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
42
holdings
$538.36M
invested
2.77%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
75
holdings
$713.94M
invested
3.67%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
76
holdings
$1.13B
invested
5.79%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
21
holdings
$169.97M
invested
0.87%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
88
holdings
$783.86M
invested
4.03%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
149 holdings
149 holdings
  • 1. Reliance Industries Ltd
    Oil/gas industry
    $194.81M
    1%
  • 2. Saudi Arabian Oil Co
    Carbon Underground 200Oil/gas industry
    $79.39M
    0.41%
  • 3. Vale SA
    Coal industryOil/gas industry
    $77M
    0.4%
  • 4. Petroleo Brasileiro SA - Petrobras
    Carbon Underground 200Oil/gas industry
    $48.58M
    0.25%
  • 5. Hyundai Motor Co
    Oil/gas industry
    $43.48M
    0.22%
See all





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