BlackRock announces launch of two new sustainable ETFs

By Lisa Kerner

Charlotte, N.C., June 30 – BlackRock, Inc. said it expanded its suite of sustainable ETFs with the introduction of the iShares MSCI EAFE ESG Select ETF (ESGD) and iShares MSCI EM ESG Select ETF (ESGE).

ESGD seeks to track the investment results of the MSCI EAFE ESG Select index, providing access to large-and-mid-cap stocks in Europe, Asia and Australia that demonstrate positive environmental, social and governance characteristics, according to a news release.

ESGE aims to track the investment results of the MSCI EM ESG Select index which includes large-and-mid-cap emerging market stocks that demonstrate the same positive ESG characteristics.

“With the launch of ESGD and ESGE, we introduce new tools that bring sustainable investing into the center of portfolio construction,” said Deborah Winshel, managing director and global head of BlackRock Impact. The ability to optimize core holdings for ESG outcomes will enable more investors to incorporate their social values into their investment portfolios.”

With the launch of ESGD and ESGE, BlackRock’s suite of sustainable ETFs comprises seven funds representing $1.2 billion in assets.

BlackRock is an investment management company is based in New York.

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