Demand for sustainable products is accelerating as more investors embed ESG considerations in their portfolios. BlackRock generated another $8 billion in inflows in sustainable iShares ETFs in the third quarter, and $25 billion year-to-date, more than two times the entirety of all of 2019. We also believe that sustainable indexing is helping to expand the market for sustainability overall by expanding access to more clients who want to invest in this way. A focus on sustainability can help make portfolios more resilient, and BlackRock remains committed to being the leader in this high-growth strategic segment and making sustainable investing accessible to more people worldwide.