{"url":"https://etfiq.com/research/library/blackrock-bgrn-impact-report/","section":"research","title":"BGRN Impact Report (BlackRock) | ETFIQ","description":"BlackRock's August 2026 impact report for BGRN estimates that $1 million in the fund's holdings avoids 909 tons of CO2e a year. Summary by ETFIQ.","as_of":"Oct 28, 2026","structured_data":[{"@type":"Report","name":"Summary: BGRN Impact Report","headline":"BGRN Impact Report","url":"https://etfiq.com/research/library/blackrock-bgrn-impact-report/","datePublished":"2026-10-27","dateModified":"2026-10-28","author":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"about":"Bond ETFs","abstract":"BlackRock's August 2026 impact report for BGRN estimates that $1 million in the fund's holdings avoids 909 tons of CO2e a year.","isBasedOn":"https://www.ishares.com/us/literature/presentation/bgrn-impact-report.pdf","citation":{"@type":"Report","name":"BGRN Impact Report","url":"https://www.ishares.com/us/literature/presentation/bgrn-impact-report.pdf","datePublished":"2026-08-12","publisher":{"@type":"Organization","name":"BlackRock","url":"https://www.blackrock.com/"},"author":{"@type":"Organization","name":"BlackRock"}},"inLanguage":"en"},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What does the BlackRock paper conclude?","acceptedAnswer":{"@type":"Answer","text":"BlackRock's August 2026 impact report for BGRN estimates that $1 million in the fund's holdings avoids 909 tons of CO2e a year. The paper\u2019s own words are at the link above."}},{"@type":"Question","name":"What does ETFIQ\u2019s data show on the same question?","acceptedAnswer":{"@type":"Answer","text":"From Sep 28, 2026 to Oct 27, 2026, bond ETFs had a net flow of +$35.6bn, summed over the 204 of 831 bond ETFs ETFIQ covers that have a daily number. ETFIQ states both numbers and does not reconcile them."}},{"@type":"Question","name":"What does a bond ETF hold?","acceptedAnswer":{"@type":"Answer","text":"A basket of bonds, such as Treasuries or corporate bonds, with a duration and credit mix set by its index or manager."}},{"@type":"Question","name":"Where can I read \u201cBGRN Impact Report\u201d?","acceptedAnswer":{"@type":"Answer","text":"On BlackRock\u2019s own site. ETFIQ summarizes the paper and does not host it."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Research","item":"https://etfiq.com/research/"},{"@type":"ListItem","position":3,"name":"Library","item":"https://etfiq.com/research/library/"},{"@type":"ListItem","position":4,"name":"BlackRock","item":"https://etfiq.com/research/library/blackrock/"},{"@type":"ListItem","position":5,"name":"BGRN Impact Report","item":"https://etfiq.com/research/library/blackrock-bgrn-impact-report/"}]},{"@type":"WebPage","name":"BGRN Impact Report (BlackRock)","description":"BlackRock's August 2026 impact report for BGRN estimates that $1 million in the fund's holdings avoids 909 tons of CO2e a year. Summary by ETFIQ.","url":"https://etfiq.com/research/library/blackrock-bgrn-impact-report/","dateModified":"2026-10-28","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4657,"truncated":false,"content":"ETFIQ / Research / Library / BlackRock / BGRN Impact Report \n \n Published Aug 12, 2026 by BlackRock. Summary by ETFIQ as of Oct 28, 2026.\n BGRN Impact Report\n BlackRock's August 2026 impact report for BGRN estimates that $1 million in the fund's holdings avoids 909 tons of CO2e a year. \n BlackRock \u00b7 Issuer \u00b7 Read the full paper at BlackRock \u2197 \n What it says\n Numbers as stated by BlackRock, Aug 12, 2026\n BlackRock says the same $1 million stake equals removing 212 cars from roads and yields 1,128 MWh of renewable power generated each year. (BlackRock, p. 1)\n BlackRock also counts 101 MWh of yearly energy savings, 3,441 m3 of water saved annually and 95,783 passenger-km of public transit use per $1 million. (BlackRock, p. 1)\n BlackRock notes its analysis covers 85% of the fund's constituents, and because issuers do not all report each metric, the results should not be extrapolated. (BlackRock, p. 1)\n BlackRock cites the European Investment Bank, a 6.73% fund weight, whose 2024 green bond allocations are estimated to cut 3.9 million tons of GHG emissions per annum. (BlackRock, p. 6)\n BlackRock says it has measured green bond impact at the portfolio level with its own method for 9 years, using holdings as of 6/30/2026. (BlackRock, p. 1)\n The ETFIQ take\n ETFIQ data to Oct 27, 2026 \u00b7 the 204 of 831 bond ETFs with a daily number, Sep 28, 2026 to Oct 27, 2026\n BlackRock reports $1 million in BGRN's holdings is estimated to avoid 909 tons of CO2e yearly, holdings as of 6/30/2026. From Sep 28, 2026 to Oct 27, 2026, bond ETFs had a net flow of +$35.6bn, summed over the 204 of 831 bond ETFs ETFIQ covers that have a daily number.\n +$35.6bn net flow into bond ETFs, Sep 28, 2026 to Oct 27, 2026, over the 204 of 831 with a daily number , Oct 27, 2026. ETFIQ \n +$183.2bn net flow into bond ETFs, Jan 2, 2026 to Oct 27, 2026, over the 184 of 831 with a daily number , Oct 27, 2026. ETFIQ \n\n Paper: BGRN holdings, 85% of constituents covered, as of 6/30/2026. ETFIQ: the 204 of 831 bond ETFs with a daily number, Sep 28, 2026 to Oct 27, 2026. Net flow is the change in shares outstanding times the day\u2019s NAV, summed over the days in the window, for the funds with a daily number. The two sets and windows differ; the numbers are stated, not reconciled. Method Data \n\n Related ETFs\n The largest bond ETFs ETFIQ covers, by net assets\n BND Vanguard Total Bond Market ETF: \u22121.3%\n AGG iShares Core U.S. Aggregate Bond ETF: \u22121.4%\n SGOV iShares 0-3 Month Treasury Bond ETF: +3.7%\n BNDX Vanguard Total International Bond ETF: \u22120.9%\n VCIT Vanguard Intermediate-Term Corporate Bond ETF: \u22121.8%\n MUB iShares National Muni Bond ETF: \u22120.4%\n Number: total return, 1 year, to Oct 28, 2026, from each fund\u2019s page. All 832 bond ETFs \u2192 \n Related papers\n Vanguard \u00b7 Issuer \u00b7 Apr 1, 2026 \u00b7 ETFIQ take\n Jeff Johnson on the rise of active fixed income ETFs \n In an April 2026 podcast summary, Vanguard, citing Morningstar, says fixed income drew approximately $600 billion of flows in 2025, roughly 70% of it into ETFs.\n Bonds Read the paper \u2197 \n Investment Company Institute \u00b7 Industry body \u00b7 Oct 20, 2026 \u00b7 ETFIQ take\n Release: Estimated ETF Net Issuance \n In an October 2026 release, the Investment Company Institute estimated net ETF issuance of $53.26 billion for the week to October 14, 2026.\n Flows Bonds Read the paper \u2197 \n State Street Investment Management \u00b7 Issuer \u00b7 Oct 16, 2026 \u00b7 ETFIQ take\n Industry & thematic ETF \n State Street Investment Management's October 2026 dashboard finds industry ETFs took in net new money of $9.6B during Q3 2026, a fifth straight quarter of inflows.\n Themes Read the paper \u2197 \n All 18 papers on bonds \u2192 \n Questions people ask\n What does the BlackRock paper conclude? BlackRock's August 2026 impact report for BGRN estimates that $1 million in the fund's holdings avoids 909 tons of CO2e a year. The paper\u2019s own words are at the link above. What does ETFIQ\u2019s data show on the same question? From Sep 28, 2026 to Oct 27, 2026, bond ETFs had a net flow of +$35.6bn, summed over the 204 of 831 bond ETFs ETFIQ covers that have a daily number. ETFIQ states both numbers and does not reconcile them. What does a bond ETF hold? A basket of bonds, such as Treasuries or corporate bonds, with a duration and credit mix set by its index or manager. Where can I read \u201cBGRN Impact Report\u201d? On BlackRock\u2019s own site. ETFIQ summarizes the paper and does not host it. ETFIQ, BGRN Impact Report (BlackRock), summary and ETFIQ take, as of Oct 28, 2026. https://etfiq.com/research/library/blackrock-bgrn-impact-report/ Free to use with attribution . Open data \n Summary by ETFIQ. ETFIQ is not affiliated with BlackRock; logos identify the source.","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, BGRN Impact Report (BlackRock), summary and ETFIQ take, as of Oct 28, 2026. https://etfiq.com/research/library/blackrock-bgrn-impact-report/"}