Home News In Order to Draw Attention to the Problem of Rising Sea Levels, the Financial Services Business Growney Creates a Fake German Real Estate Corporation

In Order to Draw Attention to the Problem of Rising Sea Levels, the Financial Services Business Growney Creates a Fake German Real Estate Corporation

In Order to Draw Attention to the Problem of Rising Sea Levels, the Financial Services Business Growney Creates a Fake German Real Estate Corporation

In recent weeks, the real estate startup “THE RISE” sparked controversies: In the typical style of investment videos, its charming CEO advertised the ingeniously unscrupulous idea of selling parcels of land far from the coast, which might be by the sea soon – due to rising sea levels. YouTube ads, provocative social media posts, and billboards in Northern Germany ensured that the idea quickly became a heated topic.

Disaster as a business model

The media and climate activists were appalled: Are investors so unscrupulous as to make a profit on climate change? On the other hand, numerous inquiries poured in, expressing interest in the properties.

What is now clear is that the company does not exist. The digital asset manager, Growney, is behind the initiative. “In times of crisis, people try to invest their money safely – real estate is a top-rated one. In the process, sustainability is often ignored as a factor”, says Thimm Blickensdorf from the Growney executive board. In times of increasingly extreme climate protests, the campaign creatively draws attention to the possibility of sustainable investment.

“THE RISE” is now called “STOP THE RISE”. The message: Everyone can contribute to climate protection – be it through donations, their own actions or sustainable investments. Hamburg-based creative agencies Philipp und Keuntje and fischerAppelt conceived and implemented the campaign.

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