BlackRock is making a bigger bet on environmental, social and governance investing.
The world’s largest asset manager has bundled six existing ESG ETFs plus a new bond ESG ETF into a core portfolio lineup, called iShares Sustainable Core, and it has introduced an ESG Portfolio Analyzer that advisors can use to score entire portfolios for their environmental, social and governance metrics.
In addition, it has launched six new ESG funds in Europe, known as UCITS, and its iShares website now discloses ESG and carbon intensity metrics alongside existing portfolio characteristics for all its ESG ETFs, which number a dozen in the U.S. BlackRock expects to expand disclosure of those metrics to all its iShares ETFs by early next year.
The ESG metrics include several MSCI measures — its ESG Quality Score, ESG percentage of coverage and Weighted Average Carbon Intensity — plus the MSCI Lipper Peer Group percentile ranking.