{"id":56201,"date":"2020-12-28T08:37:30","date_gmt":"2020-12-28T13:37:30","guid":{"rendered":"https:\/\/olduvai.ca\/?p=56201"},"modified":"2020-12-28T08:37:30","modified_gmt":"2020-12-28T13:37:30","slug":"the-great-reset-blackrock-is-fueling-a-120-trillion-transformation-on-wall-st","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=56201","title":{"rendered":"The Great Reset: BlackRock Is Fueling A $120 Trillion Transformation On Wall St."},"content":{"rendered":"<h3>The Great Reset: BlackRock Is Fueling A $120 Trillion Transformation On Wall St.<\/h3>\n<div class=\"articleImageContainer\"><picture class=\"lozad-picture singleArticle__articleImage\" data-iesrc=\"https:\/\/d32r1sh890xpii.cloudfront.net\/article\/718x300\/2020-12-18_5qxajdgrc2.jpg\" data-loaded=\"true\"><source srcset=\"https:\/\/d32r1sh890xpii.cloudfront.net\/article\/420x175\/2020-12-18_5qxajdgrc2.jpg\" media=\"(max-width: 480px)\" \/><source srcset=\"https:\/\/d32r1sh890xpii.cloudfront.net\/article\/718x300\/2020-12-18_5qxajdgrc2.jpg\" media=\"(min-width: 480px)\" \/><img \/><\/picture><\/div>\n<div id=\"article-content\" class=\"wysiwyg clear\">\n<p>Big money is turning its back on companies that aren\u2019t conforming to one simple idea\u2026<\/p>\n<p>Sustainability.<\/p>\n<p>And it\u2019s fueling one of the biggest transfers of capital the world has ever seen.<\/p>\n<p>In fact, within a year, 77% of institutional investors will stop buying into companies that aren\u2019t, in some way, sustainable.<\/p>\n<p>And the new King of Wall Street is leading the charge.<\/p>\n<p>BlackRock, with over $7 trillion in assets under management, says its clients will double their ESG investments in just five years\u2026<\/p>\n<p>Money managers on the Street are saying climate change is their top concern\u2026<\/p>\n<p>And a \u2018leading criteria\u2019 when determining where they put their money to work.<\/p>\n<p>Sustainable assets already account for $17.1 trillion\u2026<\/p>\n<p>But there could be as much as\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/thebakersinstitute\/2020\/10\/26\/green-lng--a-pathway-for-natural-gas-in-an-esg-future\/?sh=7366a5b566e9\" target=\"_blank\" rel=\"noopener\">$120 trillion<\/a>\u00a0up for grabs.<\/p>\n<p>And that\u2019s exactly why sustainable stocks are outperforming the market.<\/p>\n<p>They are the new go-to investment but could be far better than gold. This sector is a safe haven in that the road to sustainability is long. AND it\u2019s not just Big Money\u2019s downside protection against ESG-related risks, many are money-makers.<\/p>\n<p>While Big Money is busy scrambling for somewhere to park this $120 trillion that\u2019s up for grabs, it could be looking for something like\u00a0<strong>Facedrive (<\/strong><a href=\"https:\/\/finance.yahoo.com\/quote\/FD.V\" target=\"_blank\" rel=\"noopener\"><strong>TSX.V:FD<\/strong><\/a><strong>,\u00a0<\/strong><a href=\"https:\/\/finance.yahoo.com\/quote\/FDVRF\" target=\"_blank\" rel=\"noopener\"><strong>OTCMKTS:FDVRF<\/strong><\/a><strong>)<\/strong>\u00a0-a tech-driven, multi-vertical, next-gen company with an<strong>\u00a0ESG-focused portfolio that just pulled off a major coup with the\u00a0<\/strong><a href=\"https:\/\/www.businesswire.com\/news\/home\/20200908005359\/en\/Facedrive-Acquires-Steer-and-Accepts-Strategic-Investment-From-Exelon-Subsidiary-Exelorate\" target=\"_blank\" rel=\"noopener\"><strong>acquisition of\u00a0<\/strong>Washington, DC-based Steer<\/a>&#8211;a high-end EV subscription service that plans to get even more EVs on the road, and even to upend the way we think about car ownership altogether.<\/p>\n<p>And this isn\u2019t the only vertical that ties Facedrive into a multi-billion-dollar industry &#8230;<\/p>\n<p>It\u2019s tied to the\u00a0<a href=\"https:\/\/www.statista.com\/statistics\/574151\/global-automotive-industry-revenue\/\" target=\"_blank\" rel=\"noopener\">$5-trillion<\/a>\u00a0global transportation industry, the\u00a0<a href=\"https:\/\/policyadvice.net\/health-insurance\/insights\/health-care-industry\/\" target=\"_blank\" rel=\"noopener\">$9 trillion<\/a>\u00a0healthcare industry, the $850-billion airline industry, the $600-billion major league sports industry and the $26-billion food delivery segment \u2026<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Great Reset: BlackRock Is Fueling A $120 Trillion Transformation On Wall St. Big money is turning its back on companies that aren\u2019t conforming to one simple idea\u2026 Sustainability. And it\u2019s fueling one of the biggest transfers of capital the world has ever seen. In fact, within a year, 77% of institutional investors will stop [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[4086,30770,5332,674,769],"class_list":["post-56201","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-investments","tag-mike-danes","tag-oilprice-com","tag-renewable-energy","tag-sustainability"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56201"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56201\/revisions"}],"predecessor-version":[{"id":56202,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56201\/revisions\/56202"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}