Here's How 1 CEO Thinks About ESG Investing

ESG investing, or buying companies with a focus on environment, social, and governance, is gaining momentum, and some studies show that these companies have outperformed the broad market. In this interview on Backstage Pass, Prince Khaled bin Alwaleed, CEO and founder of venture capital firm KBW Ventures, explains to Motley Fool contributor Jeremy Bowman why he looks for a social purpose in addition to a return on investment. Jeremy Bowman: Another thing I want to mention, we touched on this topic already, but I like the motto at KBW, which is, it's about more than money, much more.