Can my portfolio save the planet? | Camille Socquet-Clerc

Maddy: [00:00:21] Hello and welcome to youre In Good Company, a podcast that makes investing accessible for everyone. I'm Maddy and as always, I'm in some very good company with my co-host, Sophie. 

Sophie: [00:00:30] We've been in good company like every. 

Speaker 4: [00:00:32] Day this week. I've spent a lot of time together.

Sophie: [00:00:35] I spend a lot of time together. 

Maddy: [00:00:37] I listen planning some recording. 

Sophie: [00:00:39] I was going to ask you how you are, but I feel like I know. I think I could tell you, like what you ate yesterday. Like breakfast, lunch and dinner. So instead, I'm going to ask you if you have any recommendations for me, because I'm stuck in a loop of my normal content. Love it. But I think I need a break out a little bit. 

Maddy: [00:00:58] I have been consuming a lot of podcasts recently, so I do have some recommendations of this one, which I feel like I've been telling everyone is the imperfect podcast and particular episode. Truth versus Harmony. It is like so interesting and it's funny. Everyone I speak to say that it resonates with them and when I was in it, I was like, Oh, I, because it's all about how people tell people what they think they want to hear, to sing harmony, to hate things calm, instead of speaking their truth, and how it leads to resentment building up. Anyway, when I was listening, I was like, Oh, I do this like I am such a harmony seeker. And I didn't. But then everyone and I thought I was kind of like, good. And I was like, Oh, you know, not good. It's not a good thing. 

Speaker 4: [00:01:43] And rambling started looking at me like, Oh my God, produce this here. 

Maddy: [00:01:50] But it turns out it resonates with everyone. So I recommend listening to that one. 

Sophie: [00:01:54] And then other question, do you have any books? Because I feel like a lot of people are going, travelling, trying to get away after a couple of years. Do I have any books? Book recommendation? 

Maddy: [00:02:02] I recently finished Malibu Rising by Taylor Jenkins. Right. And it is such a wonderful book. I felt like I was watching a movie like, ooh, the imagery was like so clear in my head. It was great. What about you? 

Sophie: [00:02:14] Oh, you're going to put this back on me. But one that I actually have been loving is Diary of a CEO. Is this ten minute episode I've linked to before I can link it again where they teach you about a way to like get shit done during the day and like it's pretty much you just count back from five and I've been doing it every morning. 

Maddy: [00:02:35] You're going to have to elaborate. 

Sophie: [00:02:36] So you wake up and you're like, I don't wanna get out of bed. And then you're like, You just all of a sudden start thinking of the number five, and then you count back by one. You have to get up and it works. 

Maddy: [00:02:45] So I'm noticing you say that because I've just been doing that without listening to the podcast, but I count back from ten and by ten I'm back to sleep. And I keep saying, Oh, okay, so maybe five is the number I get. [00:02:55][10.2]

Sophie: [00:02:55] Well, maybe you also have to have the like motive to be like when I start with five, I'm going to do. It's also like if you're on Instagram or something, you need to get back to work. It's like counting to five and then putting the phone down. Love it. It's really been working. Love the placebo effect. Okay, so we don't need to count back to five to actually get into today's episode. So let's do it one zero. Today we are excited to be joined by Camille Socquet-Clerc. After she sat on our panel for our sustainable investing event last month. Camille is the founder of Bloom Impact Investing, which was created so you can invest while making a positive climate impact. She's dedicated to transforming the financial system and empowering every Australian to use their investment power to create a better climate future. Welcome, Camille. [00:03:38][42.4]

Camille Socquet-Clerc: [00:03:38] Thank you for having me. Hello. [00:03:40][1.1]

Maddy: [00:03:40] So excited to have you back and to see again after you were at our sustainable investing event last month. But we start every event event. [00:03:50][9.4]

Speaker 4: [00:03:51] We start every event the same way. [00:03:52][1.2]

Maddy: [00:03:52] Do we start every podcast with the same few questions as a way of getting to know you? So Camille, what's the best thing that has happened to you in the last week? [00:04:01][9.1]

Camille Socquet-Clerc: [00:04:02] A I had a wonderful week, actually, so I have two things that a gay is allowed. So first of all, we have reviewed an investment I'm super excited about, which is a water and wetland protection fund. And so just having such impactful assets in the pipeline for so long really makes my day. And the other thing is we've been shortlisted for the Innovation Awards with the University of Queensland. So. Oh, wow. That put me in a good mood. [00:04:35][33.0]

Sophie: [00:04:36] That is very exciting. Love winning an award. And, Camille, if you could have dinner with anyone, who would it be and why? [00:04:41][5.2]

Camille Socquet-Clerc: [00:04:42] So lately, I've been devastated, like so many other woman, by the sad, sad news coming from the US about abortion rights. So I would say I would have dinner with Simone de Beauvoir, which was who was a French philosopher, writer and feminist activist. And I would ask her, What should we do now? [00:05:07][24.5]

Maddy: [00:05:07] Plays? And if you could be a stock or company, who would you be and why? [00:05:13][5.2]

Camille Socquet-Clerc: [00:05:13] Okay, cool. [00:05:14][0.5]

Maddy: [00:05:15] I'm really excited to hear you say this. [00:05:18][2.3]

Camille Socquet-Clerc: [00:05:19] Okay. If I had to be a stock, I would be Mercury. So Mercury is a clean energy company in New Zealand and they do lots of things. So ocean power, small power, geothermal, onshore wind turbines. And why? It's because I love to do a ton of different things and I'm bad at compromising. So I think it's a good example of a company that does a lot of things. And for a company, I would be I would love to be a future super. So future super is a fossil fuel free, I guess, positive ethical retirement fund. And I just love brands and companies that take a stance in the world and aren't afraid to stand up and pick a fight. And they've done a phenomenal job at picking up fights with the fossil fuel industry. [00:06:19][59.5]

Sophie: [00:06:20] Just getting a little bit aggressive there with the fossil fuel industry. Love. [00:06:23][3.3]

Speaker 4: [00:06:24] Justice. Straight away. [00:06:25][1.7]

Sophie: [00:06:26] Camille, are those companies that you've just spoken about kind of reflect, I guess, what you do day to day, which is bloom investing? So I was wondering if you could give us a bit of a rundown on what the company is that you're creating? [00:06:37][11.1]

Camille Socquet-Clerc: [00:06:38] Yeah, of course. So Bloomington investing up in platform with a climate impact mission. And the reason we exist is to help people invest in climate solutions. Now, if we take a step back, the problem we are solving is that unfortunately today a lot of people are overwhelmed by climate change. Right. And although we all do our best and I'm sure you girls do this, things like recycling, changing our diets. [00:07:05][26.7]

Maddy: [00:07:06] I feel a bus coming. [00:07:06][0.7]

Camille Socquet-Clerc: [00:07:09] I think we are missing the big picture. This things are really important, but we are missing the big picture. The single most important action an individual can take when it comes to fighting climate change is how they use their money, so how they bank, how they manage their super and how they invest. But sadly, today you invest in clean tech and climate impacts. So things like solar farms, recycling facilities or green bonds, a super complex and restricted to either wealthy individuals or institutional investors. And I'm here to change that. And Bloom is here to democratise climate impact investing. So we've created our own managed fund so that in 5 minutes, starting with just $500 with a mobile phone, anyone can invest in a diversified portfolio. And so I guess you might think, you know, there are a lot of other apps out there. What's different with Blue? We're not here to compete with other apps. I mean, there are a lot of wonderful, wonderful platforms that help people get started with investing, like, you know. Going to name all of them, that chassis, superhero and so forth. Bloom is here to be a super simple, impactful way to invest in kind of solutions, and we want to open up access to alternative climate investments. So think infrastructure, bonds, fixed interest and these things were not previously available to individuals. [00:08:38][88.7]

Sophie: [00:08:39] I remember at the live event we had a slide that kind of showed the CO2 emissions that you can help save by the actions that you take. And down the very bottom was like, you know, kind of use that cape cup which you said, you know, it's still really important to do. But then the last bit which had the most impact was investing. I think it was something along the lines of 30 grand over a period of time into clean investments. And I think that visualisation really showed me it's like if you invest in these kind of things, that's where your impact can really be. So if you're doing your recycling, if you're doing a clean cup or green couple, then really you should be thinking about investing your money because if you want to have impact, that's where it lies. [00:09:17][38.2]

Camille Socquet-Clerc: [00:09:18] You can scale that. It's a matter of scaling your impact. And you're right. So a recent study has found that shifting $32,000. So, you know, if you if you are around your thirties that you maybe have around 30 grand in your super? Maybe a bit less? Shifting that towards green finance can save 5.8 tonnes of CO2 per year. And just to give you a comparison with that, living car free is 2.4 tonnes, and eating a plan based diet is 0.8 tonnes. ...Think about how much effort it takes to shift to a plant based diet or leaving car free compared to investing or just shifting your super. [00:10:02][43.9]

Maddy: [00:10:03] Yeah, I think sustainable investing is something that I know I personally have tried to invest a lot more time into educating myself about and sort of trying to move my portfolio in that direction. So I guess one of the hardest things is, you know, we talk about this term greenwashing, which basically means that a lot of companies are putting out media and putting out words that make it sound like it's a lot more sustainable than it is. I'm really interested to hear how does Bloom sort of go about deciding what to invest in navigating that whole world of greenwashing? And then how can we, as retail investors sort of translate that across and really apply it to our own investing? [00:10:45][41.8]

Camille Socquet-Clerc: [00:10:46] That's a great question. And I agree with you. There is a ton of greenwashing out there. Not necessarily because people are malicious is because, you know, being ethical means so many different things to many different people. But that's about to change because I recently came out with new guidelines to, you know, to help financial institutions avoid greenwashing. But. BLOOM So how do we do this? We have developed our own climate impact investing framework that goes a step further than ESG investing or negative screening. So negative screening is just removing the problematic industries from your portfolio. So think tobacco, pornography, etc. If you remove these things, it doesn't mean that you're making a positive impact. So at home, we only invest in assets that are aligned with our climate science framework. So instead of reinventing the wheel, we've used two climate science transition models one global called Project Drawdown and one domestic and rather Australian called Climate Works. And these models tell us exactly what we need to invest in to reach net zero. And Project Drawdown has a list of 93 climate solutions. So we've taken this list and we've mapped it to all the listed and unlisted companies and assets that had their core had these activities. And what's super exciting about this is that each and every solutions has the potential to remove gigatons of CO2 in the atmosphere. And then the second step from that is doing a robust financial analysis. So there's a misconception then that if you do impact investing or ethical investing, you have to compromise on returns. Well, we don't think this way, and we apply the same rigour as other investment managers, and we do a financial analysis on each asset. And I think as a retail investor, if you want to play a version of this, you can first decide on a cause you care about if it's climate change. I think project drawdown is a great place to start, but it could be, you know, social. Cause or. And then if you care about this issue generally, then find the science or find the truth of this cause I guess, of what is really making an impact and then align the line your investments with it. And when I say line, I can give you tips or we throw in, we look at the revenue from a company or the research and development budgets. So this this essentially is a simple question. Is this company or stock at its core doing this climate solution or its social thing? And if it's a yes, then it should be in your portfolio. If it's a no, you can move on to the next. [00:14:01][195.3]

Sophie: [00:14:01] I like that type of that kind of looking at one line item because honestly, you know, you do this day to day, but sometimes it can be really hard as a retail investor to me. Yeah, it's so overwhelming and I like that. You say, you know, you look for a cause you're really passionate about. So that's like your tech. And then obviously, you know, even the other day I was comparing ETFs and I found it quite overwhelming the amount of kind of information that's out there. But I think if maybe you look at the, you know, the top five companies in each of the top holdings and maybe just have a look at if they're really suiting your cause, then that's kind of a good way to go around it. [00:14:31][30.0]

Camille Socquet-Clerc: [00:14:32] I think that's the right way to start. Look at the holdings and just Google. Google the company. Have a look. My tip would be to every listed company has a reporting right for their investors and they also all have nowadays a sustainability reporting. So you can have a quick glance and see if they are genuine or not through that. Another tip is there's a website called CDP that means the Cabin Disclosure Protocol, and you can there's a search bar on this website. You can search the company and it gives a rating on environmental criteria. So you can quickly see a simple rating from A to F and you can quickly see if they are actually walking the talk. [00:15:20][48.5]

Sophie: [00:15:21] I love a simple rating. Don't mean that's anything simple. It's where we want to go. [00:15:25][4.0]

Maddy: [00:15:25] We joked at our sustainable investing event about how and Hamish and Andy launched an investigation on the food health star ratings and how they realised how confusing it was. What was it? So it was. [00:15:36][10.4]

Sophie: [00:15:36] Like tiny teddies. [00:15:37][0.7]

Speaker 4: [00:15:37] Yeah. [00:15:37][0.0]

Maddy: [00:15:38] For Florence Star and great yoghurt was one store and we kind of made that comparison that when we look at this space and sustainable investing, it's like, where's the AC rating system? Where's that little scale that tells me are the something, you know, five grain leaves or something. I just want to know something sustainable. But then I guess it also on the same token, by the same token makes a lot of sense because like you said at the start, whether something is sustainable or not is kind of depending on what that means to you and sort of really defining what sustainability means to you. We know that over the last few years there has been a really large amount of funds flowing into sustainable investing as a result of saying quite good returns on these investments. But what do you think it is about sustainable investing? That's actually going to mean that good returns, excess returns continue long into the future. [00:16:28][49.6]

Camille Socquet-Clerc: [00:16:30] That's a great question. And I get that. I get asked this all the time. So the question is, if I allow my investments with my values, will that lead to worse financial returns? Right. First of all, I think when you take a step back and think about what it means to be an ethical company, so you think about the framework ESG, environmental, social and governance. If you are a company that has great practises around your environmental and social and governance impact in the world, chances are you operate quite efficiently and you are just a good and sound company. So that's the first thing I would love to say. And therefore it just makes sense that your performance and your returns will be greater than a non ESG company because there's always a cost when you don't align your company with ESG credentials. But. Beyond my own humble opinion. I think it's important to also share that there has been a lot of studies that underpin and prove the performance of ESG. So one of my favourite one is a study by the New York Centre for Sustainable Business, they found. So it's a mega study, meaning they have gathered hundreds of studies and gathered the results and looked for correlations and they found that 58% of the Southern research papers they analysed short of positive relationship between ESG and financial performance. They also found and that's really interesting for the the environment we're in at the moment, which is hyper volatile, that ESG investing is and provides more downside protection, especially during social and economic crises. So that's that's an important factor. Another thing I would love to share as well, that's more to do with climate investing in particular. I think in Australia there has been great performance from the clean tech sector and I would encourage the listeners today to have a look at Deloitte Clean Tech Index. That's an index tracking the performance of the listed clean tech companies in Australia. So created by critics worry that's a bit jargony. FinTech means clean energy or clean technology, so technologies that help with the environment. This index has seen a 71.5% growth over the last five years, compared to just 36% growth for the ASX 200. So it's really been not performing for a long time and the most recent one I've just seen actually this week, a study from Bloomberg looking at how ESG funds were performing today lack of recently in the in the crisis wherein and they found that like for Europe focussed US focussed and global focussed ESG equity funds. They have done better this year on average than their non ESG counterparts. [00:19:59][208.9]

Sophie: [00:20:00] Well, it's kind of like I think what I find interesting at a time like this is that there obviously are so many social, political, environmental issues going on. And I think we spoke about it a bit last week on last week's episode. But if you do have that kind of ESG focus, which does include the social and the government governance, it does affect your company because it will depend on the type of staff you can retain, how the company's kind of going to perform. So it's kind of looking at it as a holistic thing rather than just I think sometimes we get bogged down in what's this company doing for the environment rather than, you know, the whole social and governance point as well. But, you know, you are the expert. And we want to get a bit of insight into some companies that you are looking at. Let's get. [00:20:44][43.8]

Maddy: [00:20:44] Stock specific. [00:20:44][0.4]

Speaker 4: [00:20:46] And see what. [00:20:46][0.2]

Sophie: [00:20:46] We love here. But before we do, we're going to take a quick break for our sponsors and we'll be right back to chat through them. [00:20:52][5.7]

Maddy: [00:20:56] So I'm really trying to look for stocks at the moment, look for companies that I can do my research and add some more sort of sustainable companies to my portfolio. So we did want to get stocks specific with you today and maybe get a little bit of inspiration about where we could be looking. So what is the first company that you wanted to talk to us about today? [00:21:17][21.3]

Camille Socquet-Clerc: [00:21:18] Sure. So, look, the first thing I'm going to say is climate solutions can be really diversified. There are a lot of companies across many geographies and across many industries. So don't think just solar stocks and wind stocks. So today. I guess I can share some ideas on two themes and I guess super passionate about. So the first one is electrification of transport. So for our transport system to transition to a more electric and less polluting system, we need lithium and critical minerals. And there are a lot of different lithium companies, but there's one in particular that I think is particularly ethical. It's Vulcan. It's called Vulcan Energy. [00:22:10][52.2]

Maddy: [00:22:11] I was really happy to say that I was invested. [00:22:13][1.8]

Speaker 4: [00:22:14] In not Vulcan. [00:22:15][1.8]

Camille Socquet-Clerc: [00:22:16] But I mean, they are they are a lot of a lot of them that are great. But I really love Vulcan Energy because they have created a00 carbon lithium project in Europe and they aim to be the first net zero lithium producer worldwide that do this by using that by using geothermal energy, which makes all their process completely reliant on renewables. And they are starting a project in Germany to extract lithium and ship it to Europe. And I think this will position them incredibly well for the future. So you really love this company. I know the CEO and it's a it's a wonderful company. [00:23:08][52.2]

Sophie: [00:23:09] Can I ask, is that really expensive to do that, you know, to create lithium in a sustainable way? Like, is it does it come with risks? [00:23:18][8.7]

Camille Socquet-Clerc: [00:23:19] Look, I'm not a lithium expert or a scientist, but actually using geothermal energy is quite an efficient way to transform lithium and in storage. So now I think I think it's actually quite smart to have the geothermal juice thermal plant on to the production sites. [00:23:42][22.3]

Maddy: [00:23:44] It's interesting because so often I did an episode recently where we talked about different energy sources and lithium was one of them. And I actually don't think I'd quite realised that most of the time when lithium is extracted, it's not done in a renewable way. So it's like you think that it's this great energy and it's sustainable, but actually the way that they're extracting it from the ground is still not sustainable in most instances. [00:24:06][22.5]

Camille Socquet-Clerc: [00:24:07] Absolutely. And this is why I love Falcon so much. Yeah, absolutely. The other company I love is in the waste and recycling space. This is, you know, unfortunately, waste is increasing every day. And we always think of waste as, you know, our municipal waste, the bin we put out the door every every week or so. But a bigger deal in recycling is actually industrial waste. And there's a company I love, an Australian one called Since Ltd, it was actually founded in 1917. So they've been around for a hundred plus years and they provide services in recycling and circular solutions for technology and they are now expanding to municipal recycling and renewable energy. But they recycle metals, municipal waste and so far get that they have recycled 660,000 tonnes of municipal kerbside material. [00:25:20][72.7]

Sophie: [00:25:21] What is manageable? Am I the only one that doesn't know this? [00:25:23][2.2]

Maddy: [00:25:24] Residential. I think. Residential. [00:25:25][1.0]

Camille Socquet-Clerc: [00:25:26] Residential. That's right. That's the being that's that's the that's the being put out every week. [00:25:31][5.4]

Speaker 4: [00:25:32] I would. [00:25:32][0.1]

Sophie: [00:25:32] Tell you today I. [00:25:33][0.7]

Camille Socquet-Clerc: [00:25:34] And they've also recycled 2.1 million cloud infrastructure units and 8.6 tonnes of secondary metals. So, you know, these are metals from construction sites and so forth. So when you think of such a company or they deal with heavy materials, it's really hard to be to reduce your emissions in that industry. But they have position, they have super aggressive environmental targets and they are projected to be carbon neutral by 2030 and they already committed to using 100% renewable electricity by 2025. So I love them. Huge company, they have a 2.7 market cap. So it's big company with like solid ground, which I think is also important in that environment. [00:26:29][54.8]

Sophie: [00:26:30] Have they always had a renewable focus or is it one of the big companies that's really looking just to transition into this space? [00:26:35][5.2]

Camille Socquet-Clerc: [00:26:36] No, that's new. That's new. They traditionally focussing on metal recycling and lifecycle services. So helping other companies be more circular and that focus on renewable energy is new. [00:26:49][13.6]

Maddy: [00:26:50] We love a transition story. [00:26:51][1.3]

Sophie: [00:26:52] Yeah, we do. And I was going to say I'm really happy about this company because I have this like ongoing fear that we're just going to be eaten up by rubbish one day because, well, when you think about the world like there's we produce so much, we overproduce, we overconsume, there's just so much waste. You see videos from overseas and it's like you just say all these waste dumps and I just get so worried. It's like, are we just going to overconsume so much that we. [00:27:16][23.9]

Speaker 4: [00:27:16] Get eaten by huge? [00:27:18][1.4]

Sophie: [00:27:19] I'm like thinking Cookie Monster Vibes right now. [00:27:21][2.2]

Speaker 4: [00:27:22] I'm sitting in London sitting in the rubbish can. Oh, gosh, we're joking. [00:27:27][4.9]

Camille Socquet-Clerc: [00:27:27] But it's, it's true. It's it's actually what's happening. Unfortunately, if you love waste, I think it's a wonderful space to waste as an industry. [00:27:38][11.2]

Speaker 4: [00:27:39] And as well. Yeah. [00:27:40][1.2]

Camille Socquet-Clerc: [00:27:41] Cleanaway management is also an interesting company in Australia. They look at waste management and waste management solutions. They also look at chemical and hazardous waste disposal, liquid waste disposal. So also a great company to look at. [00:27:59][17.8]

Maddy: [00:28:00] Some great companies there and I am really interested to know, can you point us to any resources or anywhere that you like to sort of get your inspiration when looking for new companies to invest in? [00:28:10][10.1]

Camille Socquet-Clerc: [00:28:10] Okay, I have one I guess one tip. You can jump onto the Deloitte Clean Tech Index, and this will give you a really good view of companies to invest in to cover the clean energy and clean tech space in Australia. Now, if you are looking global, well jump on the blue website and look at our holdings. It should give you a good idea because we cover over 50 different climate solutions. So if you really want to go deeper than your usual win. Solar stocks. We have great resources and we are actually about to release a complete guide to clean tech investing with all the stocks we've been looking at for over a year. So these will have a ton of ideas, all classified. The two type of impact are wind industry transport. So yeah, all of it. [00:29:08][57.8]

Maddy: [00:29:08] I was about to say if you didn't plug it yourself that after our sustainable investing event, I went home and you mentioned that you had the holdings that you invest in with Blue Impact on your website, and I was just scanning through all of them and picking random companies and having a look into it. So that is another great strategy for getting a little bit of inspiration. [00:29:24][15.7]

Sophie: [00:29:25] Yeah, we need people like you doing all the hard work for people like us. [00:29:29][3.4]

Camille Socquet-Clerc: [00:29:30] Exactly. Well, that's my mission. Or who has time to look into all the sustainability report and do the financial analysis. You know, I. This is our mission making things easy. [00:29:41][11.0]

Sophie: [00:29:42] Camille. We always finish in the same way by asking, what kind of advice would you give someone who is starting out investing in the sustainability space? [00:29:50][8.2]

Camille Socquet-Clerc: [00:29:51] Look, when I look at my youngest self, I wish I started earlier and I wish I invested more. I started when I was 25, so don't be afraid. Start small, build your confidence, diversify, which is always the key word. And in this specific environment, this is not financial advice. But I think beginner investors can be too focussed on the ups and downs. You have to zoom out, so don't move your money out when things go down. If you have a diversified and sound strategy, just sit tight and relax. Don't look at the ups and down. Think long term is really my advice. [00:30:34][43.2]

Maddy: [00:30:35] Yeah. Some fantastic insights and highly recommend everyone following Bloom Impact on Instagram. That is some great post. Go and check out their website as well. Is there anything else you want to plug the book that's coming? [00:30:47][11.9]

Camille Socquet-Clerc: [00:30:48] The e-book. And I mean, you know, just download the blue app. There is a free version that lets you have a look at the funds and what we invest in and why. And when you feel ready, you can start with just $500. So yeah. [00:31:04][15.5]

Sophie: [00:31:04] I love that. I feel like apps downloading apps these days is like my pride and joy and like going in and just having a little sticky bag. I know that sounds. [00:31:10][6.1]

Maddy: [00:31:11] Like real insights to your friends. [00:31:13][1.2]

Speaker 4: [00:31:13] Today. [00:31:13][0.0]

Sophie: [00:31:14] And I just love it like usability of apps these days and I've downloaded the blurry maps, so I would recommend Cameo. Thank you so much for joining us today. We've got so much insight and I'm actually ready to go away and start Googling again after doing it last weekend. [00:31:27][13.4]

Maddy: [00:31:28] Thanks for joining us, Camille. [00:31:29][0.9]

Camille Socquet-Clerc: [00:31:30] Thank you so much for having me. [00:31:31][1.0]

Maddy: [00:31:32] Bye. I am heading straight to the blame website to go and check out some more of their holdings. And I'm also going to do some more research into those two companies that Camille gave us. I'm a little bit disappointed that she didn't say my personal opinion, but that's okay. [00:31:45][13.7]

Sophie: [00:31:46] Yeah, no, I think it's really good. I personally have definitely been trying to increase the sustainability in my portfolio since I started, and right now is the time I'm actually doing it. So it's good to have that, that inspiration in the background. [00:31:57][11.6]

Maddy: [00:31:58] If you have any thoughts on the companies that Camille suggested or if you have any other sustainable investments that you would care to share with the community, please ever send us a dam on Instagram, wire a podcast, or jump into our Facebook group? Why I say investing podcast discussion group and we'll make sure we have a thread up there to share all the love. 

Sophie: [00:32:19] And obviously, if you've enjoyed today's episode, please share it with a friend and leave us a review. It helps us find more people just like you around. 

Maddy: [00:32:29] Beautiful we'll catch you next week by.