ESG Investing Could Drive New Growth for BlackRock

Over the past few years, investors have become more conscientious about the companies in which they invest. Many of them have begun prioritizing companies that focus on environmentally conscious, socially responsible, and stakeholder-friendly practices -- known as ESG investing.

One company that has made sustainable investing an increasingly important part of its bottom line is BlackRock (NYSE: BLK). In CEO Larry Fink's annual letter to shareholders this March, he said sustainable investing has become a cornerstone to the company's long-term profit objectives. The company is well positioned to provide that via its iShares exchange-traded fund (ETF) offerings.

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Source Fool.com