Culture
Woman Wearing Sunglasses
Woman wearing sunglasses, maybe from Shein? (Getty Images)

Younger generations aren’t a climate-conscious monolith

What actions are Zoomers and Millennials taking to curb their environmental impact?

Tom Jones, David Crowther

Checking in

Deloitte’s Global 2024 Gen Z and Millennial Survey, the latest annual report that dropped in May this year, revealed a lot about how the youngest generations of adults are doing, with insights into everything from how they feel about their socio-economic prospects (mostly better), to their view of GenAI (mostly uncertain).

However, one element of the report caught our eye. Deloitte asked over 14K zoomers (those born between 1995 and 2005, according to the survey) and more than 8K millennials (1983-1994) about what they’re actually doing to drive climate action. More than 1 in 4 millennials and Gen Zers reported following vegetarian or vegan diets, for example, while over a third of respondents from each cohort said they’re avoiding fast fashion.

Gen Z and Millennials

However, what the survey implied was almost more important. If 35% of Gen Z respondents said they already actively avoid fast fashion, that’s interesting, but it also suggests that 65% of Gen Z aren’t yet onboard… which goes a long way in explaining why Shein and other low-cost, youth-focused fast fashion brands have exploded.

It’s often easier to think of generations as monoliths — that, of course, isn’t the reality. Gen Z are almost certainly the most sustainability conscious generation ever, and some members of that demographic are climate activists, but many are not. Shein wouldn’t be an $80B+ behemoth shifting $5 t-shirts if it wasn’t selling something millions of people wanted.

More Culture

See all Culture
Doctor Working on Robot Woman

The peptide gold rush: How impending deregulation could supercharge a shadow industry

Peptides, the gray-market supplements that have flooded Silicon Valley, may soon make their way into the mainstream. Who stands to benefit?

culture
Saleah Blancaflor

Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

Loading...
 
Loading...
 

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.