BlackRock Launches New Climate-Focused ETFs Anchored by $3 Billion Investment from Ilmarinen

Ilmarinen, Finland’s largest pension insurance company, has chosen iShares Climate Conscious & Transition MSCI USA ETF to aid its climate-focused investment goals. Their initial investment of $2.1 billion came from their previous assets invested in iShares ESG MSCI USA Leaders ETF. The iShares Climate Conscious & Transition MSCI USA ETF is designed to track an MSCI index of U.S. large- and mid-capitalization companies based on their current emissions intensity, emissions reduction targets, green business revenue, and/or climate risk management. BlackRock’s product lineup aims to provide its clients with investment choices that cater to their objectives and evolving investment needs. SUSL, launched in 2019, is another ETF that Ilmarinen invested in, which offers clients access to large- and mid-cap U.S. stocks rated higher in environmental, social, and governance factors relative to sector peers.



Learn with us in small steps

Find out more about us