Blackrock and Fidelity Are Betting Big On This $130 Trillion Mega-Trend
This isn’t just a megatrend. It’s a movement in Big Money, and it’s the most profound redistribution of investment that the world’s biggest asset and wealth managers have recently seen.
Big money is fleeing anything that’s not sustainable.
By 2022, PwC says that 77% of institutional investors will stop buying non-ESG products entirely.
ESG fund assets will account for over 50% of all European fund assets by 2025.
That’s nearly $8 trillion. And it’s only the beginning.
Europe may be trouncing ESG assets right now, but across the Atlantic, there’s nearly $120 trillion up for grabs.
Over 3,000 investors with over $110 trillion in assets under management support ESG investing. Another industry-led group of 70 members with $9 trillion in assets under management does, too.
Why?
Because sustainability isn’t just outperforming the market …
It’s BIg Money’s downside protection against ESG-related risks.
That’s partly why BlackRock, with some $6.5 trillion in assets under management, is now the King of Wall Street.
And it’s why Facedrive (TSX.V:FD, OTCMKTS:FDVRF) -a tech-driven, multi-vertical, next-gen company with an ESG-focused portfolio is grabbing headlines across North America’s biggest industries…
From the $5-trillion global transportation industry and the $9 trillion healthcare industry, which is now explicitly tied to the fate of the $850-billion airline industry, to the $600-billion major league sports industry and the $26-billion food delivery segment …
And the future of Facedrive verticals are multiple … with an uncompromising “people and planet first” viewpoint for everything it does …
From the world's first carbon-neutral ride-sharing platform to an electric vehicle subscription service...Facedrive is rethinking the entire concept of car ownership. And ESG investors are loving it.
Multi-Trillions of Dollars Looking for Somewhere To Invest
This is a new generation of investors, and they’re looking for a new kind of investment: One that harnesses the profit of ESG.
It’s about avoiding potential financial losses and enduring scandals that can impact returns and product value.
That’s why PwC says that “public awareness of ESG-related risks has catapulted climate change and sustainability to the top of the global agenda” and that “COVID has accelerated this shift, bringing the real-life impacts of overlooking ESG factors into the spotlight”.
And that’s why BlackRock CEO Larry Fink says that “awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance”.
That’s a multi-million-dollar reshaping of finance …
It’s an expensive lesson for a company like Uber, which disrupted a hundred-year-old dynasty, bringing the taxi industry to its knees within 7 years.
But now finds itself on the wrong side of ESG history …
Facedrive (TSX.V:FD, OTCMKTS:FDVRF) is on the right side and it’s working to disrupt the transportation industry from two flanking positions:
#1 Next-Gen Ride-Hailing: The ESG Element
Facedrive’s flagship ride-hailing platform was the first to offer riders a choice of EVs and hybrids.
And the first to plant trees to offset its carbon footprint.
That’s because it was the first to foresee the problem with Uber and Lyft: They completely ignored sustainability, with ride-hailing resulting in nearly 70% more pollution than whatever transportation it displaced.
It’s the first to bring cities and communities on as stakeholders, and it’s the first to treat its drivers as people who deserve living wages.
#2 The Transportation Revolution
When you combine the $5 trillion global transportation industry with an energy industry whose renewables sector is growing dramatically, you get one of the most lucrative marriages of industry yet ...
Steer, backed by an Exelon (NASDAQ:EXC) subsidiary, is planning the biggest disruption the global transportation industry has seen in decades.
