The Great Reset: BlackRock Is Fueling A $120 Trillion Transformation on Wall Street

Larry Fink, CEO of BlackRock
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BlackRock has over $9 trillion in assets under management, and says its clients will double their ESG (Environmental, Social, and Corporate Governance) “impact investments” in just five years. Climate is the top concern. Sustainable stocks are outperforming the market, which already accounts for $17.1 trillion, because there could be as much as $120 trillion up for grabs. Last year, more than 3,100 investors with $110 trillion in assets under management have signed on to the Principles for Responsible Investment to integrate ESG factors into their investment and ownership decisions. Companies aim to disrupt industries, especially gas and oil, and abolish private property; for example, there are plans to replace personal automobiles with rented electric vehicles. ESG investing is tied to the $5-trillion global transportation industry, the $9 trillion healthcare industry, the $850-billion airline industry, the $600-billion major league sports industry and the $26-billion food delivery segment.

BlackRock first became the No. 1 asset manager worldwide after the US government contracted with it to help resolve the fallout of the financial meltdown of 2008. BlackRock was later put in charge of the Federal Reserve (which has been merged with the U.S. Treasury) in March 2020, executing future acquisitions and trades for the USA.

We previously reported how powerhouse BlackRock is coercing companies to adopt green policies in order to control businesses.

Big money is turning its back on companies that aren’t conforming to one simple idea…

Sustainability.

And it’s fueling one of the biggest transfers of capital the world has ever seen.

In fact, within a year, 77% of institutional investors will stop buying into companies that aren’t, in some way, sustainable.

And the new King of Wall Street is leading the charge.

BlackRock, with over $7 trillion in assets under management, says its clients will double their ESG investments in just five years…

Money managers on the Street are saying climate change is their top concern…

And a ‘leading criteria’ when determining where they put their money to work.

Sustainable assets already account for $17.1 trillion…

But there could be as much as $120 trillion up for grabs.

And that’s exactly why sustainable stocks are outperforming the market.

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’s not just Big Money’s downside protection against ESG-related risks, many are money-makers.

While Big Money is busy scrambling for somewhere to park this $120 trillion that’s up for grabs, it could be looking for something like Facedrive (TSX.V:FD, OTCMKTS:FDVRF) -a tech-driven, multi-vertical, next-gen company with an ESG-focused portfolio that just pulled off a major coup with the acquisition of Washington, DC-based Steer–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.

And this isn’t the only vertical that ties Facedrive into a multi-billion-dollar industry …

It’s tied to the $5-trillion global transportation industry, the $9 trillion healthcare industry, the $850-billion airline industry, the $600-billion major league sports industry and the $26-billion food delivery segment …

From the world’s first carbon-offset ride-sharing platform to an electric vehicle subscription service…Facedrive is rethinking the entire concept of car ownership. And ESG investors are loving it.

And its “people and planet first” motto fits in perfectly with the new kings of Wall Street.

From Climate Naysayers to COVID Believers: Money Talks

Today’s institutional investor is looking for the value that only high-tech sustainability, good governance and social impact can deliver.

In 2020, these are the criteria that could make the difference between making money and losing money. Investors have had enough financial loss over scandal. And they’re banking on anyone who’s not paying attention to the climate risking a lot in the end.

COVID has hastened that even more, with PwC noting that “public awareness of ESG-related risks has catapulted climate change and sustainability to the top of the global agenda” and that COVID has brought “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”.

Read full article here…

We previously reported how BlackRock is coercing companies to adopt green policies in order to control businesses:     https://needtoknow.news/2021/03/how-corporate-america-is-being-coerced-to-adopt-green-climate-policies/

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Tom Riley
Tom Riley
5 months ago

The greatest scientists in the world have already proven CO2 does not Drive the climate change. The vostok ice core samples and 42000 year Cycles prove that, yet the embarrassment and pride of the man cause global warming scientists ,all paid for with the preconceived objective, that being, to control all of mankind by fear-mongering climate change, is the One World socialist United Nations agenda 2030 true conspiracy. Call on God and pray that will be the only way to defeat the powers of this world

Boomer Lady
Boomer Lady
5 months ago

The silliest part of the whole CO2 purported connection with Climate Change is, just for a moment drop reality and say suppose it is true. Then plant thousands of trees around the world to replace those cut down to plant illicit drug plants and other activities. All those new trees would join with the CO2 and create more oxygen, through photosynthesis, which the earth badly needs, and the excess CO2 would vanish.

Sam Adams
Sam Adams
5 months ago
Reply to  Boomer Lady

While braying loudly their “concerns” over climate change, they’re cutting down trees everywhere 5G is being implemented. The same people pushing climate change are also pushing 5G, which demands gigaWatt-hours of electricity AND they’re cutting down trees to make sure we can all benefit from this new EMF pollution.

Ed
Ed
5 months ago

Ed Griffin – this won’t matter as the entire financial system will collapse B-4 “Walt” Bye-then finishes his first term. 1929 revisited. Get OUT of the market now. Sell off ALL BookFace stocks first.

Tom Ball
Tom Ball
5 months ago

“So Much for Controlling the Media” was the headline on Heeb’s recent obituary for its own print product. But the latest issue of Vanity Fair offers evidence to the contrary; with Jews dominating that magazine’s annual index of the 100 most influential moguls, our grip seems secure as ever.
At the top: Preternaturally youthful Facebook founder Mark Zuckerberg, whose “World Domination Watch” — Vanity Fair’s words — cites the fact that “Facebook runs more banner advertisements than any other website (176 billion a quarter) and drives more U.S. visitor traffic to some sites than even Google.”
https://forward.com/schmooze/131013/jews-dominate-vanity-fair-100-most-influential-mog/

Tom Ball
Tom Ball
5 months ago

The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury. In other words, the federal government is nationalizing large swaths… Read more »

Sam Adams
Sam Adams
5 months ago

And the new King of Wall Street is leading the charge.”

The king is a Fink!

gordon w kistler
gordon w kistler
3 months ago

who are the 3,100 investors with 120 trillions of dollars under management? It is collective government!