Introduction

Lee Coates OBE

Director:

Ethical Money (Aus)

Ethical Investors (UK)

Ethical Screening (UK)

Cruelty Free Money – What is it?

The most holistic form of

ethical/responsible investment,

saving and banking

Cruelty Free Money – When did it start?

1992 in the UK

Cruelty Free Money – What are the issues?

My “Three Pillars”

of responsible investment

Cruelty Free Money – What are the issues?

Cruelty Free Money – What are the issues?

People:

• Manufacture and sale of weapons• Human Rights abuse• Child labour• Climate Change• Nuclear Energy• “Sin areas”

Cruelty Free Money – What are the issues?

Planet:

• Deforestation (Palm Oil)• Climate Change• Pollution• Extractive Industries *

Cruelty Free Money – What are the issues?

Animals:

• Live Exports• Animal testing• Intensive farming• Fur• Climate Change

Cruelty Free Money

Back to Basics:

• Banking

• Saving/investment

• Superfunds

Cruelty Free Money –Back to Basics

The Banks:

Cruelty Free Money –Back to Basics

The Banks:

How do they make their money?

• Lending to individuals• Lending to companies• Financial Trading

Cruelty Free Money –Back to Basics

The Banks:

Individual Lending

• Personal Banking• Personal Loans• Mortgages• Credit Cards

Cruelty Free Money –Back to Basics

The Banks:

Individual Lending – Just whose money is it?

Average Deposit Rates - 4%Average Mortgage Rates - 6.5%Average Personal Loan Rates - 8.7%Average Credit Card Rates - 17%

Cruelty Free Money –Back to Basics

The Banks:

Lending to Companies –

Arms ManufacturersLive ExportersNative Forest loggersAnimal testingUsing child labour in productionPolluters

and so on, and so on

Cruelty Free Money –Back to Basics

The Banks:

Moral issue No:1

Unless you control how your money is used, it will be used to finance things you don’t want support.

Cruelty Free Money –Back to Basics

Savings and long term investment:

Cruelty Free Money –Back to Basics

Savings and long term investment:

• Mostly investment in companies (Equities and

Bonds)

• Can be Commercial Property

• Can be infrastructure

Cruelty Free Money –Back to Basics

Savings and long term investment:

Equities and Bonds –

THIS IS IMPORTANT

Cruelty Free Money –Back to Basics

Savings and long term investment:

Equities and Bonds –

REALLY IMPORTANT

Cruelty Free Money –Back to Basics

Savings and long term investment:

If YOU own SHARES in a COMPANY – YOU are an OWNER of that company.

The Directors act in the interests of YOU, the OWNER

So.............................

Cruelty Free Money –Back to Basics

Savings and long term investment:

When the Directors expand their LIVE EXPORTS, their ANIMAL TESTING, increase the

number of BATTERY CAGES....

Cruelty Free Money –Back to Basics

Savings and long term investment:

They are doing it

FOR YOU

and with

YOUR AGREEMENT

Cruelty Free Money –Back to Basics

Savings and long term investment:

If you don’t invest direct in shares, then what about –

• Insurance Savings plans

• Unit Trusts

• Managed Funds

Cruelty Free Money –Back to Basics

Savings and Investment:

Moral issue No:2

Unless you dictate the values applied to your investments, there may be no values applied at all

Cruelty Free Money –Back to Basics

SUPERFUNDS

Cruelty Free Money –Back to Basics

SUPERFUNDS

It is possible to invest in:

• Direct shares• Managed Funds• Property• Infrastructure

Cruelty Free Money –Back to Basics

SUPERFUNDS

MAKE SURE IT IS INVESTED IN LINE WITH YOUR VALUES

Because if you don’t.........

Cruelty Free Money –Back to Basics

SUPERFUNDS

Common Industry Fund holdings (from some of the largest Superfunds):

BHP RIO Wesfarmers(Coles)

Woolworths

Elders Cochlear GlaxoSmithkline Qantas

Gunns NuFarm (GM) TATTS

Nippon Meatpackers

MacDonalds Dassault Charoen Pokphand Food

Canadian Oil Sands

Burberry BP BaE Systems

Cruelty Free Money –Back to Basics

Summary: Who should invest responsibly?

• Individuals with personal values/beliefs

• Charities/Not-for-Profit

• Ethical Businesses

• Trade Unions

Cruelty Free Money

www.crueltyfreemoney.com