PODCAST

The Green Dream

James Baird

The Green Dream is a podcast about ethical investing for positive impact and a better future! Host James Baird interviews fund managers, advisers and a range of leaders in sustainability about topical ESG issues. James is a Financial Planner with over 20 years in the industry, and is a Director of JustInvest Financial Planning. See www.justinvest.net.au. Authorised Representative of Ethical Investment Advisers AFSL 276544 www.ethicalinvestment.com.au

Leaf Ratings - Eradicating Green (& Rainbow!) Washing
Have you ever wondered about super and investment funds that claim to be ethical or sustainable, but you suspect they might not be true to label? In today’s episode I talk with Chris Lang about Leaf Ratings, which aim to eradicate green (& ‘rainbow') washing! You can find the web page at www.leafratings.org. Leaf Ratings are based on surveys done by Financial Advisers in the Ethical Advisers Co-Operative, and they aim to rate a fund in terms of its suitability for an average ethical investor. Each super and investment fund gets a rating out of 5, with a 2 page pdf attached - which you can click on to access the fund overview, ethical concerns and good points of each fund. The rating only considers the ethics of each fund and does not include any analysis of fees, performance or financial suitability. So who better to talk to about these ratings than Chris Lang, who is the Lead coordinator of the Co-op’s Leaf-Ratings working group. Chris is an Adviser with Ethical Choice in Hobart, and is part of our Ethical Investment Advisers team. Chris graduated in 2012 with a Bachelor’s degree in Financial Planning, with distinction. He was accepted into a highly competitive national graduate program, and has worked as an adviser in Tasmania since. I hope you enjoy this discussion and encourage you to check out www.leafratings.org if you haven’t already.We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.  For more information about James Baird, JustInvest Financial Planning and Ethical Investment Advisers  see: justinvest and ethicalinvestment.
2d ago
29 mins
Floods, Video Games, Cobalt & Tesla...behind the scenes with BetaShares
Mar 26 2022
35 mins
The best companies you’ve never heard of: Australian Ethical Emerging Companies with Andy Gracey
You can check out their website at: Andy Gracey, Portfolio Manager, Emerging Companies and Australian Shares at Australian Ethical Investments Andy Gracey describes Australian Ethical’s funds as more than just “feel good” investments, having won a number of awards over the years. They are long term focused, and seek opportunities in growth areas with a sector specialist approach, whilst guided by their ethical charter (as I discussed with Stuart Palmer in Episode 3 of this podcast). Andy has worked in investment management for over 20 years. In 2003 he set up his own equities research business undertaking research services for a number of ASX listed companies and institutional investors, before joining Australian Ethical in December 2004. Andy assumed full portfolio management responsibility for the Australian Ethical Australian Shares Fund in April 2008, although he has been responsible for the small cap component of the Fund since August 2006, and he has been portfolio manager for the Australian Ethical Emerging Companies Fund since inception 6 years ago.  You can check out their website at: www.australianethical.com.au. Andy graduated from Massey University with a Bachelor of Business Studies (Economics and Finance with an honours degree in Finance) in 1991.I hope you enjoy this discussion with Andy Gracey of Australian Ethical Investments (recorded just as the Omicron Covid variant was starting to spread).   For more information about James Baird and JustInvest Financial Planning see: justinvest and ethicalinvestment.  We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
Mar 1 2022
37 mins
Impact Investing: Intentionally doing good and contributing to solutions - Kerry Series of Inspire Australian Equities
In this discussion with Kerry we explore Impact Investing: a style of investment dedicated to intentionally doing good and contributing to solutions. We discuss the ‘ABC’ of ethical investing and explore the idea that capitalism rewards companies that make positive contributions both socially and environmentally. We talk about taking the measurement of impact to the next level, as well as a range of topics including regenerative agriculture and food, investing in renewables in Australia and thinking like a private equity investor. Kerry has advised or invested in equities since 1992. He co-founded Perennial Investment Partners in 1999, which achieved strong investment performance and reached $20 billion in assets under management within eight years. Subsequently, he was Head of Asia Pacific Equities at AMP Capital, and an Investment Director for HSBC Asset Management. Kerry founded 8IP in 2009 and is a Director of the firm. He is the CIO of the Inspire Australian Equities Impact Fund, which he launched in 2017. You can check out their website at: inspireaustralianequities. In his spare time, he was also the Chair of ‘Time Out’ Magazine Sydney for 8 years!I hope you enjoy listening to this interview with Kerry Series of Inspire Australian Equities.  For more information about James Baird and JustInvest Financial Planning see: justinvest and ethicalinvestment.    We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
Dec 23 2021
42 mins
Karen McLeod: Helping investors make greener choices, which are authentic and true to label
In this interview I talk to a fellow Financial Planner, my colleague Karen McLeod. Career wise, we have a fair bit in common - like myself, she is an Authorised Representative of Ethical Investment Advisers, is a member of our Investment Committee, is accredited by the Responsible Investment Association Australasia (RIAA) as a Certified Financial Adviser, is a member and former Chair of the Ethical Advisers’ Co-op, and has made the FS Power50 list of the 50 most influential Financial Advisers in Australia.  Karen has run her own practice in Brisbane since 2009 and is actively involved in all issues related to ethical investment, in fact you will often find her in the media discussing topical ethical investment issues. In 2010, she was appointed a board member for the Responsible Investment Association Australasia (RIAA), a position which she still holds. She also sits on their Certification and Governance Committees. Karen is also a Certified Financial Planner, and holds a Bachelor of Business degree. You can find Karen at: www.ethicalinvestment.com.au  In this discussion we try to cut through the jargon, and explain how issues like modern slavery, engagement, divestment, stewardship, and greenwashing apply in the real world of ethical investing for clients. We also get an insight into why Karen chose to focus on investing ethically for clients, and how she helps investors make greener choices, which are authentic and true to label.  We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present & future.
Nov 26 2021
27 mins
Juukan Gorge, Green Capital & Hunter Gatherer Mythbusting
Hello and welcome to our special Ethical Investment Week (EIW) podcast! The theme for EIW 2021 is Wayfinding for ethical investment. In its simplest definition, wayfinding is about observing the natural world in order to work out your location, orient yourself towards your destination, set a course to get you there, then dynamically respond to signs as you journey. Wayfinding is as relevant for our times as it has been throughout history. By drawing upon ancient wisdom, modern wayfinders hold insights that can make a big difference for ethical investors and a sustainable future. On that basis, who better to talk to about rich Aboriginal cultural traditions than Kado Muir! Kado is Chair of the First Nations Heritage Protection Alliance and the National Native Title Council. He is a Ngalia Traditional Owner and a Wati – a Goldfields Aboriginal cultural and community leader, and an anthropologist/archaeologist with many years’ experience working in Aboriginal heritage, language preservation and maintenance, traditional ecological, education and native title research. Kado also operates a number of businesses including an Aboriginal art business, a Sandalwood company, and a heritage consultancy business. He is a long-time activist for bilingual and two way education, environmental and cultural heritage protection and promoting alternative community based enterprises, especially through his PhD university partnerships for research on Wealth in First Nations.On 24 May 2020, Rio Tinto destroyed a site that represented 46,000 years of culture and history for the Puutu Kunti Kurrama and Pinikura (PKKP) peoples of the Pilbara in Western Australia. The blast devastated a place of personal, community, national and international significance. People around the globe responded with shock and outrage. In talking to Kado, there’s so much more to the story than this incident. Perhaps it’s the straw that broke the camel’s back, but we have so much work to do to understand cultural heritage protection. What is Free, Prior and Informed Consent? What do know about the sites we are destroying? I learnt a lot from Kado, and I couldn’t let him go without giving us a dreamtime story – so make sure you stick around to the end for that! You can find Kado on LinkedIn & http://www.kadomuir.com.au To learn more about ethical investment week, please visit www.ethicaladvisercoop.com.au   For more information about James Baird and JustInvest Financial Planning see: www.justinvest.net.au  We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
Oct 24 2021
48 mins
From Goldman Sachs to Impact bonds, via Australian Survivor! An interview with Kate Temby of Affirmative Investment Management
This interview is with Kate Temby of Affirmative Investment Management. I was keen to talk to an Impact bond manager to demystify the world of bonds, particularly those that can help communities or transform infrastructure in a sustainable way. We explain some of the jargon, talk about ‘Waci’ budgets, and discuss how it’s possible to create a positive social and environmental impact with bonds, without comprising returns. Their global bond fund holds about 110 bonds, representing over 2,000 projects across 136 countries. Kate has 29 years’ industry experience, including Co-head of Asia Pacific Institutional Sales, Goldman Sachs Asset Management, Research Sales at Goldman Sachs JBWere (NY), and Financial Risk Consultant at PWC (Melbourne/Toronto). She has a Bachelor of Commerce from Monash University Australia, and is an Australian Institute of Company Directors graduate.  Affirmative Investment Management (AIM) is a global fixed income manager focused on delivering mainstream market returns with impact. AIM is the world’s first fund manager to dedicate their investment strategy to impact bonds, including labelled green bonds, social bonds and sustainable bonds. AIM's innovative formula is a fusion of mainstream portfolio management and sustainability, providing positive solutions to global challenges. AIM’s focus is to promote robust verification and reporting, along with active engagement, whilst ensuring repeatable performance and sustainable impact. Established in 2014, AIM is 100% owned by its employees and headquartered in London, with offices in Washington and Sydney. You can check out their website at: affirmativeim.com I hope you enjoy this discussion with Kate Temby.  We wish to acknowledge the traditional custodians of the land we’re recording on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
Oct 24 2021
34 mins
Trouble in the Western Sahara: Renewables, Philosophy and Tomatoes - an ethical Q&A with Dr Stuart Palmer of Australian Ethical
In this podcast I interview Dr Stuart Palmer, the Head of Ethics Research at Australian Ethical. Stuart evaluates the impacts which companies’ products, services and operations have on people, animals and the environment. So if you ever wondered why a particular company is or isn’t in Australian Ethical’s portfolios, Stuart is your man. He is the gatekeeper of Australian Ethical’s charter, a list of 23 principles that have been part of the company constitution since 1986. The charter not only guides all of their investments, but also underpins all elements of Australian Ethical’s business…it effectively filters out companies that don’t match their ethical criteria. So in order to better understand this process, we did an ‘ethical Q&A’ - I threw some stock names at Stuart, and asked him clarify whether that company was ‘in’ or ‘out’, based on ethics! This is part one of a two part discussion with Australian Ethical – in our second interview, we will be looking at the decision making processes around stock picking, once the ethical filtering has been done. Australian Ethical is an award winning ethical wealth management company based in Sydney. Australian Ethical has over $6 billion in funds under management and over 66,000 clients. It is one of the fastest growing super and investment funds in the country by both number of members and funds under management. 10% of Australian Ethical's profits fund the Australian Ethical Foundation and its Community Grants program. The company was a founding B Corp in Australia, and the first publicly listed company in Australia to achieve B Corp status. You can check out their website at: www.australianethical.com.auI hope you enjoy listening to this interview with Stuart Palmer of Australian Ethical. For more information about James Baird and JustInvest Financial Planning see: www.justinvest.net.au   We wish to acknowledge the traditional custodians of the land we’re recording on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
Oct 23 2021
32 mins
Electric Planes, Trains & Automobiles...the Sustainability Revolution with Olympic gold medallist, Tom King of Nanuk Asset Management
I recorded this interview whilst the 2021 Tokyo Olympics were underway, which was fitting because Tom King won a gold medal for sailing at the Sydney Olympics and was later awarded a Medal of the Order of Australia for services to sport. It's not uncommon to apply skills acquired in the sporting arena in the business world, and Tom talks about there being some particularly strong parallels with sailing and investment. He says that sailing at the top level becomes "a decision making game played in a very dynamic environment against a large group of competitors". So it seems he is in the perfect role as Nanuk Asset Managements' Chief Investment Officer, and one of the firm’s Portfolio Managers! He joined Nanuk in 2009 and has approximately 20 years’ investment industry experience in equity funds management, investment banking and private equity. Tom holds a first class honours degree in Engineering from the University of Melbourne.  Nanuk Asset Management was established in 2009 to develop world-leading expertise in the investment opportunities and risks associated with environmental sustainability and resource use efficiency. Their focus is global and they invest in listed companies associated with the broad themes of clean energy, energy efficiency, industrial efficiency, waste management, pollution control, food & agriculture, advanced & sustainable materials, water and healthcare technology. They are active, fundamental investors with a valuation based and research driven investment approach. Their portfolios are sustainably-themed and they incorporate positive and negative screening, ESG factors and values-based norms into their decision-making process. Nanuk is an independent firm, privately owned by its founders and with staff located in Sydney, Brisbane, Melbourne and London. You can check out their website at: www.nanukasset.comI hope you enjoy listening to this interview with Tom King of Nanuk Asset Management.  For more information about James Baird and JustInvest Financial Planning see: www.justinvest.net.au  We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
Oct 20 2021
38 mins
Antarctica, Coconuts, Microbes and Yoghurt...Sustainable Investing with Nick Edgerton of Stewart Investors
It was great to have this chat with Nick Edgerton – his enthusiasm for sustainable investing is infectious, and whenever I talk to him I get the feeling that there’s no cutting corners in terms of creating positive impact economically, socially and environmentally. It was a wide ranging discussion, from Antarctica, to coconuts, yoghurt, EV’s, taxes and a lot in between – I hope you enjoy this interview as much as I did! Nick is a Portfolio Manager with the Sustainable Funds Group at Stewart Investors. Nick joined the team in 2012, and he is the lead manager of the Worldwide Sustainability strategy. Previously, Nick worked as an analyst, consultant, public servant, and academic in sustainability and economics. He holds a Bachelor of Economics from Macquarie University, and a Master of Science with Distinction in Ecological Economics from the University of Edinburgh. Stewart Investors Sustainable Funds Group describe themselves as a small team of passionate investors managing investment portfolios on behalf of clients with a focus on high-quality companies that are well positioned to contribute to, and benefit from, sustainable development. You can check out their website at www.stewartinvestors.comFor more information about James Baird and JustInvest Financial Planning see: www.justinvest.net.au We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
Oct 18 2021
40 mins