Many of our iShares sustainable ETFs seek to track an index with business involvement screens. Business involvement screens seek to remove exposure to controversial business activities that may pose risks or violate an investor’s preferences. Learn more about the specific screens below.
iSHARES CLIMATE CONSCIOUS & TRANSITION MSCI USA ETF
RELATED iSHARES FUNDS
| SCREEN | DEFINITION |
|---|---|
| Civilian firearms | All companies classified as “Producer” of firearms and small arms ammunitions for civilian markets. It does not cover companies that cater to the military, government, and law enforcement markets. |
| Controversial weapons | All companies with any tie to Controversial Weapons (cluster munitions, landmines, depleted uranium weapons, biological/chemical weapons, blinding lasers, non-detectable fragments, and incendiary weapons), as defined by the methodology of the MSCI Global Ex-Controversial Weapons Indexes. |
| Nuclear weapons | All companies that manufacture nuclear warheads and/or whole nuclear missiles including assembly and integration of warhead and missile body, companies with contracts to operate/manage government-owned facilities that manufacture nuclear warheads and missiles. All companies that manufacture components that were developed or are significantly modified for exclusive use in nuclear weapons (warheads and missiles) including companies with contracts to operate/manage government-owned facilities that manufacture components for nuclear warheads and missiles. All companies that manufacture or assemble delivery platforms that were developed or significantly modified for the exclusive delivery of nuclear weapons. All companies that provide auxiliary services related to nuclear weapons such as repairing and maintaining nuclear weapons, providing overhaul and upgrade services, stockpiling and stewardship, R&D work, testing and simulations, etc. It also includes companies with contracts to operate/manage government-owned facilities that conduct R&D, testing, simulations, and other essential sciences on nuclear weapons. All companies that manufacture components that were not developed or not significantly modified for exclusive use in nuclear weapons (warheads and missiles) but can be used in nuclear weapons. All companies that manufacture or assemble delivery platforms that were not developed or not significantly modified for the exclusive delivery of nuclear weapons but have the capability to deliver nuclear weapons. All companies that manufacture components for nuclear-exclusive delivery platforms. |
| Oil sands | All companies deriving 5% or more revenue from oil sands extraction, which own oil sands reserves and disclose evidence of deriving revenue from oil sands extraction. It does not cover revenue from non-extraction activities (e.g., exploration, surveying, processing, refining), ownership of oil sands reserves with no associated extraction revenue, or intra-company sales. |
| Thermal coal mining | All companies deriving 1% or more revenue (either reported or estimated) from the mining of thermal coal (including lignite, bituminous, anthracite and steam coal) and its sale to external parties. It does not cover revenue from metallurgical coal, coal mined for internal power generation (e.g. in the case of vertically integrated power producers), intracompany sales of mined thermal coal, and revenue from coal trading (either reported or estimated). |
| Tobacco | All companies classified as “Producer". All companies deriving 5% or more aggregate revenue from the production, distribution, retail, supply and licensing of tobacco-related products. |