BlackRock Global Funds SICAV - Sustainable Energy Fund -A2- Capitalisation


The Outstanding Achiever in the Impact Initiatives Award is the BGF Sustainable Energy Fund, which invests globally in alternative energy and technology sectors in companies benefitting from or enabling the transition to a lower-carbon economy.

The Fund's thematic focus to catalyze positive environmental change was also matched with decent returns. The portfolio strategy is to keep a strong alignment of revenues to the theme even as companies transition and had reached 85% of revenues and must always be above 50%.

The focus on the environment and decarbonization centered around three key areas: renewable energy, clean transportation, and energy efficiency. Recent investments have included wind turbine and solar panel manufacturers, energy-efficient building solutions, and companies advancing electric vehicles.

The use of scenarios to quantify carbon pricing that's factored into the portfolio and the Manager having the liberty to vote independently of the stewardship team was impressive.

While having an independently verified emissions reduction and clear metrics for carbon emissions and energy generated were all impressive, we would have hoped to see attribution analysis of depth, duration, and stakeholders' impact, while addressing the S and G with the investees.

This Fund has been reviewed by nine industry veterans of the Benchmark judging committee.

Top Fund Awards: Alternative Energy Theme Equity
Taiwan – Best-In-Class

Sustainability Awards: Impact Initiatives
Hong Kong – Outstanding Achiever


ISIN: LU0124384867
Inception Date: 04/06/2001
AUM: USD 6405048861.52
Manager Name: Alastair Bishop, 02/11/2015; Charles Lilford, 01/03/2018
Total Expense Ratio: 1.98%
3-Yr Return: 87.45%
3-Yr Max Drawdown: -18.84%

ESG Score: 60.16
GC Score: 62.99
Near-Term Score(<=2°C): 66.40%
Business Involvement:
Alcohol Involvement: 0.00%, …

Signatory to UNPRI: Yes

Contact Details:

Company Website: –

Name: –

Title: –

Contact Number: –

Email Address: –

Empty tab. Edit page to add content here.
Empty tab. Edit page to add content here.