iShares MSCI Emerging Markets ETF
Fund offered by:
BlackRock/iShares
Ticker: EEM
Fossil fuel grade: Fossil fuel exposure of 9.55% places the fund in the range of between 9% and 100% exposure. Assigned a grade of F.Fossil fuel exposure of 9.55% places the fund in the range of between 9% and 100% exposure. Assigned a grade of F.How we track fossil fuel investments
F
$2.99 BILLION
in fossil fuel investments
112
fossil fuel stocks found
9.55%
of assets flagged
Data as of 8/31/21
Fossil fuel holdings
  For each fossil fuel category, we show the fund's exposure, if we found any. Click a category to see the breakdown of companies. When calculating a portfolio's exposure to a screen list, we only consider long investments, ignoring any shorts or liabilities.
Producers energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
32
holdings
$1.42B
invested
4.52%
of portfolio
Coal industry
Coal industry
Coal miners and owners of coal reserves
37
holdings
$1B
invested
3.2%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
45
holdings
$1.56B
invested
5%
of portfolio
Consumers utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
7
holdings
$83.52M
invested
0.27%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Electric utilities powered by coal and natural gas
54
holdings
$854.14M
invested
2.73%
of portfolio
Investments in major fossil fuel companies:
Vale SA
Carbon Underground 200 Top 200 carbon reserves
$288.77M invested
Gazprom PJSC
Carbon Underground 200 Top 200 carbon reserves
$186.41M invested
PJSC Lukoil
Carbon Underground 200 Top 200 carbon reserves
$134.44M invested
Petroleo Brasileiro SA Petrobras Participating Preferred
Carbon Underground 200 Top 200 carbon reserves
$95.51M invested
NOVATEK PJSC GDR
Carbon Underground 200 Top 200 carbon reserves
$82.17M invested
Petroleo Brasileiro SA Petrobras
Carbon Underground 200 Top 200 carbon reserves
$77.04M invested
All fossil fuel companies
112 holdings
112 holdings
  • 1. Reliance Industries Ltd Shs Dematerialised
    Oil/gas industry
    $333.42M
    1.07%
  • 2. Vale SA
    Carbon Underground 200Coal industry
    $288.77M
    0.92%
  • 3. Gazprom PJSC
    Carbon Underground 200Oil/gas industry
    $186.41M
    0.6%
  • 4. PJSC Lukoil
    Carbon Underground 200Oil/gas industry
    $134.44M
    0.43%
  • 5. Petroleo Brasileiro SA Petrobras Participating Preferred
    Carbon Underground 200Oil/gas industry
    $95.51M
    0.31%
See all
Share to spread the word that business as usual is killing the climate.
iShares MSCI Emerging Markets ETF $EEM is 9.55% invested in fossil fuel stocks, with $2.99 BILLION invested across 112 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on EEM at Morningstar.com
Current fund
EEM
iShares MSCI Emerging Markets 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: 8/31/21
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
 10-yr returns 
-2.24% less in annualized returns
More invested in fossil fuels 
0.51% more invested
Higher carbon footprint 
102 tonnes CO2e/$1M USD higher
Less invested in Clean200 
5.09% less invested
Current fund
EEM
iShares MSCI Emerging Markets 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: 8/31/21
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
 10-yr returns 
-2.24% less in annualized returns
More invested in fossil fuels 
0.51% more invested
Higher carbon footprint 
102 tonnes CO2e/$1M USD higher
Less invested in Clean200 
5.09% less invested
Current fund
EEM
iShares MSCI Emerging Markets 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: 8/31/21
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
 10-yr returns 
-2.24% less in annualized returns
More invested in fossil fuels 
0.51% more invested
Higher carbon footprint 
102 tonnes CO2e/$1M USD higher
Less invested in Clean200 
5.09% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
EEM - iShares MSCI Emerging Markets ETF
20%
9.03%
9.64%
4.2%
9.55% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
24%
9.08%
9.69%
6.45%
9.04% 
Fund compared to benchmark
 
-4.64%
-0.05%
-0.06%
-2.24%
0.51%  higher
Find more financial data on EEM at Morningstar.com
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