BlackRock Inc., the world’s largest provider of exchange-traded funds, is launching a sustainable bond ETF to tap growing demand for green investing products.
New York-based BlackRock said it was launching the iShares Euro Corporate Bond Sustainability ETF—its first move into sustainable bond ETFs—as assets focused on sustainable investing have grown to more than $21.4 trillion as of 2014, it said.
“Sustainable investing is going mainstream, and it is no longer a niche pursuit,” Hannah Skeates, iShares Global Head of Sustainable Investments at BlackRock, said in a Jan. 11 press release announcing the launch.
Social Responsibility.
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