iShares MSCI ACWI Low Carbon Target ETF

Shareclass
iShares MSCI ACWI Low Carbon Target ETF (CRBN)
Type
Exchange-traded fund
Sustainability mandate
Tobacco grade: Fund is invested in tobacco producers, above the threshold of 1.2%. Assigned a grade of F.
How we track tobacco investments
F
$24.9 MILLION
INVESTED IN TOBACCO
AND TOBACCO-PROMOTING
ENTERTAINMENT COMPANIES
Tobacco companies that produce or manufacture tobacco products
Tobacco producers
that produce or manufacture tobacco products
Entertainment companies that show smoking in movies marketed to kids
Tobacco-promoting entertainment companies
that show smoking in movies marketed to kids
13
holdings flagged
2.48%
of assets flagged
Tobacco companies
Tobacco companies
9 holdings
1.45% of assets
$14.58 MILLION invested
Tobacco-promoting entertainment companies
Tobacco-promoting entertainment companies
4 holdings
1.03% of assets
$10.32 MILLION invested
Why entertainment companies?
“R”-rating future movies with smoking will prevent one million tobacco deaths in this generation of U.S. kids. Hollywood studios and their parent companies, the nation’s best-known entertainment companies, are well aware of the public health risk, but continue to intentionally expose millions of kids.
Tell Hollywood to rate smoking “R”
Join our call to eliminate smoking from youth-rated movies
Take action
This fund contains
13 investments in tobacco producers and tobacco-promoting entertainment companies
Tobacco companies icon
Tobacco companies
9 HOLDINGS
9 holdings
  • 1. Philip Morris International Inc
    0.47% of portfolio
    $4.74M invested
  • 2. Altria Group Inc
    0.4% of portfolio
    $4.02M invested
  • 3. British American Tobacco PLC
    0.23% of portfolio
    $2.29M invested
  • 4. Japan Tobacco Inc
    0.2% of portfolio
    $2.02M invested
  • 5. ITC Ltd
    0.08% of portfolio
    $820,013 invested
See all
Tobacco-promoting entertainment companies icon
Tobacco-promoting entertainment companies
4 HOLDINGS
4 holdings
  • 1. Comcast Corp Class A
    0.3% of portfolio
    $3M invested
  • 2. The Walt Disney Co
    0.29% of portfolio
    $2.9M invested
  • 3. AT&T Inc
    0.28% of portfolio
    $2.82M invested
  • 4. Sony Group Corp
    0.16% of portfolio
    $1.61M invested
Are entertainment companies rated the same as tobacco companies?
No - tobacco companies bear greater responsibility to the tobacco epidemic, and our grading methodology reflects this. However, the scientific consensus is that tobacco depictions in movies cause kids to begin smoking. Public health impacts can damage a company’s reputation and brand value, decreasing long-term shareholder value. Asset managers should be engaging entertainment companies by signing investor letters, supporting shareholder resolutions, or otherwise pressing entertainment companies to remove smoking from youth-rated movies.
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: 11/30/24
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 
0.34% more in annualized returns
More invested in tobacco and tobacco-promoting entertainment companies 
1.04% more invested
More invested in tobacco producers 
0.85% more invested
More invested in tobacco-promoting entertainment companies 
0.19% 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: 11/30/24
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 
0.34% more in annualized returns
More invested in tobacco and tobacco-promoting entertainment companies 
1.04% more invested
More invested in tobacco producers 
0.85% more invested
More invested in tobacco-promoting entertainment companies 
0.19% 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: 11/30/24
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 
0.34% more in annualized returns
More invested in tobacco and tobacco-promoting entertainment companies 
1.04% more invested
More invested in tobacco producers 
0.85% more invested
More invested in tobacco-promoting entertainment companies 
0.19% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Overall exposure
This fund
CRBN - iShares MSCI ACWI Low Carbon Target ETF
28%
8.06%
12%
/
2.48% 
Benchmark
ACWI - iShares MSCI ACWI ETF
26%
7.75%
11%
9.42%
1.44% 
Fund compared to benchmark
 
2.05%
0.31%
0.34%
/
1.04%  higher
Find more financial data on CRBN at Morningstar.com
Take Action
Take action and sign our letter to the media companies
Find mutual funds that steer clear of tobacco
Talk to your retirement plan manager about tobacco-free investment options
Use FossilFreeFunds.org to see the climate impact of this fund
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

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