How Millennial Ethics Are Reshaping Fintech
With $30 trillion in future spending power, millennials are reshaping the investing and fintech spaces to better align with their ethical values.
Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation.
This transfer will precipitate a massive shift in how companies think about and facilitate investing — moving away from some traditional asset classes, and towards ethics-first “impact investing.”
More than any other generation, millennials are interested in the idea that their investments will have a positive global impact when it comes to issues like sustainability and climate change.
In a Morgan Stanley survey, 86% of millennials expressed interest in the idea of sustainable investing; 61% reported making at least one sustainable investing decision within the past year; and 75% expressed a belief that their investments could make an impact to reverse climate change.
Περισσότερα εδώ:
How Millennial Ethics Are Reshaping Fintech
Πηγή: cbinsights.com
