iShares Paris-Aligned Climate MSCI World ex USA ETF

iShares Paris-Aligned Climate MSCI World ex USA ETF is an exchange-traded fund that seeks to track a developed-market equity index focused on climate transition and Paris Agreement alignment. The fund invests in large- and mid-cap stocks from developed countries outside the United States, using screening and weighting rules designed to reduce exposure to climate-related transition and physical risks while favoring companies with stronger decarbonization profiles. Its portfolio spans multiple sectors, with notable exposure to technology, healthcare, financials, industrials, and consumer companies across Europe, Japan, Canada, Australia, and other developed markets. The ETF is designed for investors looking for broad international equity exposure with a climate-focused approach, and it plays a role in the market as a diversified, rules-based vehicle for ESG-oriented portfolio construction.