Why the 2020's will be the sustainable decade

brodie-consulting-group-sustainable-decade

Having just exited the regulatory decade, the 2020s promises to be the sustainable decade.

With large asset managers such as BlackRock, and even some of the more alternative players, making noise in this space, companies cannot afford to ignore the issue.

Whether the asset managers are doing this because it is right, or because they are reading the tea leaves is a moot point. The fact is, individual investors do increasingly want sustainability in their portfolios, as do institutions and family offices.

The pressure is now on the rest of the financial services industry to not be left behind. This is an interesting juncture for the industry.

Away from the financial services space and the consumer is clearly determined to lead a more sustainable life in the next decade. This is reflected in Tesla’s share price hitting new highs, which is not just down to units sold, but also being in the right space. Global EV sales were up almost 50% in the first half of 2019.

There is a long way to go, but this is the direction the wind is blowing and you’d be a fool to not take notice.

Having just exited the regulatory decade, the 2020s promises to be the sustainable decade.

With large asset managers such as BlackRock, and even some of the more alternative players, making noise in this space, companies cannot afford to ignore the issue.

Whether the asset managers are doing this because it is right, or because they are reading the tea leaves is a moot point. The fact is, individual investors do increasingly want sustainability in their portfolios, as do institutions and family offices.

The pressure is now on the rest of the financial services industry to not be left behind. This is an interesting juncture for the industry.

Away from the financial services space and the consumer is clearly determined to lead a more sustainable life in the next decade. This is reflected in Tesla’s share price hitting new highs, which is not just down to units sold, but also being in the right space. Global EV sales were up almost 50% in the first half of 2019.

There is a long way to go, but this is the direction the wind is blowing and you’d be a fool to not take notice.