iShares Paris-Aligned Climate Optimized MSCI USA ETF (PABU) NASDAQ
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Address
50 Hudson Yards
New York, NY 10001
United States of America (the)
Phone
1-800-474-2737
Sector
Financial Services
Industry
Asset Management - Global
Employees
N/A
First IPO Date
April 20, 2022
The PABU iShares Paris-Aligned Climate Optimized MSCI USA ETF aims to replicate the investment performance of an underlying index. This index comprises a selection of large and mid-sized American companies, specifically chosen to align with the climate goals of the Paris Agreement. It achieves this by collectively driving a reduction in carbon emissions across its portfolio, decreasing its vulnerability to climate-related systemic and physical risks, and strategically increasing its allocation to businesses well-positioned for the global transition to a low-carbon economy.