FN Media Group Presents Oilprice.com Market Commentary
New York, NY – January 19, 2021 – Trillions of dollars poured into ESG funds last year, but many analysts are expecting this year to pick up right where 2020 left off. Forbes stated, “ESG Investing Came of Age in 2020. Millennials Will Continue to Drive it in 2021.” And according to Morgan Stanley Capital International’s head of research, we’re likely to see investors shifting more and more capital into ESG this year…Because despite worldwide lockdowns, climate change continues to be a major concern that everyone from Big Tech to Big Oil are now taking seriously. Mentioned in today’s commentary includes: BlackRock (NYSE: BLK), Microsoft Corporation (NASDAQ: MSFT), Google (NASDAQ: GOOGL), Facebook, Inc. (NASDAQ: FB), Tesla, Inc. (NASDAQ: TSLA).
That’s why smart money is piling in, to the tune of trillions of dollars.
BlackRock, the largest asset manager in the world, plans to have $1.2 trillion in ESG assets within the next 10 years. And it’s estimated that 1/3 of all assets under management in the U.S. are already sustainably invested…
That’s $17.1 trillion invested in the companies taking steps to put people and planet first. But that doesn’t mean they’re sacrificing profits in the process.
The ESG boom has produced some of the biggest gains in the market during an incredibly difficult year.
Enphase Energy jumped 472% in 2020…Digital Turbine soared 682%…And Tesla became one of the biggest companies on the market with incredible 622% gains. But one Canadian company saw this mega-trend coming years ago. And they used 2020 as the launchpad they needed to grow many times bigger.
Facedrive (FD,FDVRF), the eco-friendly ridesharing company locked in a number of major contracts, including with government agencies, A-list celebrities, and global tech titans. Even when lockdowns slowed down the ridesharing industry, they grew their business by acquiring companies in the food delivery space…Adding thousands of restaurant partners and tens of thousands of new customers…. And they did all of this during the last year.
That’s why Facedrive’s shares have surged upwards a massive 591% in the last year. Now, many analysts are convinced 2021 could be a banner year for the ESG mega-trend sweeping across the globe.
2020 Set the Stage for a Climate Change Revolution
While the pandemic has devastated economies around the world, there’s been one silver lining. With the COVID restrictions put in place by governments worldwide, carbon emissions plunged during a record drop in 2020. But with those numbers likely to rebound in 2021 after restrictions ease, researchers are urging governments to make clean energy a top priority. That’s a major part of why electric vehicles have been gaining steam all across the industry over the last year.
Nearly all the major automakers are rolling out their own EV models. But the poster child for electric vehicles has been Tesla, the $793 billion juggernaut that continues to prove its doubters wrong throughout 2020.
The ESG boom has helped Tesla become the biggest company in the U.S. behind Big Tech. And made them over 5 times larger than GM, Ford, and Fiat Chrysler combined. And Facedrive is jumped into another aspect of EV, bringing electric vehicles to the notoriously pollution-heavy ridesharing industry.
With Facedrive (FD,FDVRF), users can hail a ride from an electric, hybrid, or gas-powered vehicle, all without paying an extra premium for the option. Once the riders get to their destination, the in-app algorithm kicks in, calculating how much CO2 was created during the journey. Then it sets aside a portion of the fare to plant trees, offsetting the carbon footprint from the ride. In other words, you ride, they plant a tree.
Through next-gen technology and partnerships, they’re giving their customers the option to make a more eco-friendly choice if they choose. And recently, they acquired the electric vehicle service company, Steer, from the largest clean energy producer in the United States.
Steer’s subscription model for EV cars is aimed at flipping the traditional car ownership model on its head. And that fits right in line with Facedrive, which is already proving to be a fierce competitor to Uber in certain ridesharing markets. But the race to address the issue of climate change is just one factor in the ESG boom.
Getting Creative for Social Change
The social component of sustainable investing (the “S” in ESG) also took a front-seat in 2020 for a number of reasons. During a year with nationwide protests and a major health crisis, companies started putting a major focus on what they can do to support the health and wellbeing of their customers and others.
For many, that’s meant getting creative to help support those industries being slammed with strained supply chains. It was a shift we have seen from major companies since World War II.
- Ford produced respirators and medical equipment on their assembly lines.
- Nordstrom’s and their alteration teams made it their mission to sew nearly 1 million masks.
- And liquor producers like Bacardi even shifted to producing hand sanitizer at their distilleries after shelves went empty last year.
Facedrive branched out and got creative to do their part during the pandemic too. They partnered up with the University of Waterloo and MT>Ventures to create TraceSCAN, a wearable technology used to help slow or stop the spread of the virus. Through Bluetooth technology, it offers much-needed contact tracing technology for those without cell phones.
That includes a wide range of people: children, senior citizens, low-income individuals, and employees not able to use phones on the job. And Facedrive (FD,FDVRF) has signed major partnerships and agreements with both the government of Ontario and Canada’s largest airline, Air Canada, to use this breakthrough technology.
The Biggest Names in ESG Set for a Shakeup?
When you take a deep dive into the top ESG funds on the market, you may be shocked to see whose names you find on the list. In these eco-friendly and socially responsible funds, the biggest holdings often aren’t the ones promoting solar energy or building electric cars.
Plus, when predicting the biggest winners for 2021, it’s hard to place bets on Big Tech companies that may spend the next several years dealing with antitrust suits. That’s why many are looking at the pure ESG plays, the ones who put environmental and social issues at the core of their business models. That includes companies like Facedrive, who’s become known for their “people and planet first” philosophy.
After growing their business by tens of thousands of customers last year throughout Canada, they’ve taken strategic steps to move into the U.S. markets and beyond. Now, with Big Tech companies riddled with uncertainty, that leaves plenty of room for up-and-comers like Facedrive to take their place in the ESG boom set to surge throughout 2021.
The Biggest Companies In The World Are Driving The ESG Push
BlackRock (NYSE:BLK) needs no introduction. It is the world’s largest global investment management corporation, with over $7.4 trillion in assets under management. With clients in over 100 different countries, it is the de facto leader in its field.
In 2017, BlackRock underwent a major shift in its investment strategy, prioritizing stocks with high ESG ratings. BlackRock’s focus on technology and sustainability has fueled the new trend in the marketplace, pushing even more investors to consciously consider where they put their money.
Facebook (NASDAQ:FB), as one of the world’s largest technology companies, has completely changed the game. It has taken a particularly innovative approach in creating a more sustainable future and has become an example for the entire industry. Its data centers are some of the most energy-efficient – and water-efficient – in the world.
And it’s only getting started. By the end of 2020, Facebook is aiming to have all of its data centers running on 100% renewable energy. Additionally, Facebook has committed to adding over 4.0 GW of renewable energy to the grid.
Google (NASDAQ:GOOGL) is another tech giant going green. It is focused on raising the bar for smart use of the world’s resources. Like Facebook, Google is creating sustainable, energy-efficient data centers and workplaces. It is also leveraging artificial intelligence to develop more sustainable energy use.
Not only is Google changing the game in its own operations, it is also building a completely sustainable supply chain. And it isn’t stopping there. It is also working with its partner companies to help them go green!
TESLA (NASDAQ:TSLA) might just be one of the hottest stocks in the ESG space. As one of the world’s most innovative car manufacturers, it has single handedly made going green cool. Its slick design has become all the rage. You would have to go out of your way to not see a Tesla when walking around major cities like San Francisco and Hong Kong.
And CEO Elon Musk hasn’t stopped there. In addition to producing one of the most desirable electric vehicles on the market, Tesla is ramping up its solar game, as well. Tesla’s Solar Roof project aims to change the way houses function. It replaces traditional roofs with stronger, and arguably more aesthetically pleasing, solar panels that can power your entire home. It also comes in as the lowest-cost-per-watt solar option in the American market.
Microsoft (NASDAQ:MSFT) is going above and beyond in its emissions goals, aiming to be carbon neutral in the next ten years. A feat that will not be an easy task for such a massive technology corporation. Additionally, Microsoft has also pioneered new solutions to aid other companies in curbing their emissions as well.
Microsoft has built hardware and software to help monitor and better understand the effect different institutions have on the planet, gathering data to better figure out how companies and people can improve. The company is creating tools to better handle the world’s growing waste crisis.
By. Pauline Yule
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that Tracescan could help the travel and tourism industry deal with COVID and will sign new agreements for use of its alert wearables; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will be able to expand to the US and globally; that Facedrive’s merchandise business and sports prediction app will prove popular and successful; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; TraceScan may not work as expected in commercial settings and customers may not acquire or use it; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of Facedrive to attract providers of good and services for merchandise partnerships on terms acceptable to both parties, and on profitable terms for Facedrive; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:
This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.
SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.
RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.
DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.
FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Media Contact e-mail: firstname.lastname@example.org U.S. Phone: +1(954)345-0611