Coal protesters battle floods and war to launch investment app

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Peter Bennetto and Patrice Newell became acquainted while protesting the Bickham coal mine. Now they’re launching an ethical investment app.

Rhett Wyman“I’ve been involved with environmental business, as well as plenty of others, over the years, but I wanted to do something really useful,” said Mr Bennetto, who has spent his career working as a director across the banking and resources sectors.

The development of the app also stalled when Russia invaded Ukraine, upending the lives of their app developers in Ukraine. “We sifted them through the United Nations’ Sustainable Development Goals, and overall our whole portfolio has minimal, around 2 per cent ... [exposure] to controversial industries,” said Mr Bennetto.

The key element will be helping investors feel secure, even when the market fluctuates, added Mr Bennetto.

 

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