Sustainability Characteristics
Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.
The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund’s investment strategy, please see the fund’s prospectus.
Review the MSCI methodology behind Sustainability Characteristics, using links
MSCI ESG Fund Rating (AAA-CCC)
as of 07/Sep/2021
BBB
MSCI ESG Quality Score (0-10)
as of 07/Sep/2021
5.46
MSCI ESG Quality Score — Peer Percentile
as of 07/Sep/2021
14.29
MSCI ESG % Coverage
as of 07/Sep/2021
99.06
Fund Lipper Global Classification
as of 07/Sep/2021
Equity US
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 07/Sep/2021
49.36
Funds in Peer Group
as of 07/Sep/2021
3,352
All data is from MSCI ESG Fund Ratings as of 07/Sep/2021, based on holdings as of 31/Jul/2021. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.
Business Involvement
Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.
Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund’s investment strategy, please see the fund’s prospectus.
Review the MSCI methodology behind the Business Involvement metrics, using links
MSCI — Controversial Weapons
as of 27/Sep/2021
0.00%
MSCI — UN Global Compact Violators
as of 27/Sep/2021
0.00%
MSCI — Nuclear Weapons
as of 27/Sep/2021
0.00%
MSCI — Thermal Coal
as of 27/Sep/2021
0.00%
MSCI — Civilian Firearms
as of 27/Sep/2021
0.00%
MSCI — Oil Sands
as of 27/Sep/2021
0.00%
MSCI — Tobacco
as of 27/Sep/2021
0.00%
Business Involvement Coverage
as of 27/Sep/2021
100.00%
Percentage of Fund not covered
as of 27/Sep/2021
0.00%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.28% and for Oil Sands 0.00%.