Latest / The Curve / RTC32: How to avoid investing in companies that test on animals
Transcript
- 0:00Thank you so much to Pathfinder Kiwis Overplant for making this mini-series happen.
- 0:03It's time to think about not only our bottom line.
- 0:06The world needs us to be investing our money consciously and that's exactly what Pathfinder
- 0:11are doing. Growing your wealth doesn't need to cost the earth.
- 0:14We all have different standards when it comes to what we think is ethical and what's
- 0:17important to us, which is why education is key when it comes to making sure that your Kiwis
- 0:22over funds aren't being invested in things that you don't agree with.
- 0:25Pathfinder Kiwis Overplant values the lives of animals, people and the planet.
- 0:30Pathfinder asset management limited is the issue of the Pathfinder Kiwis Overplant,
- 0:34so you can head to Pathfinder.kiwis for more information to see their product disclosure statement,
- 0:38or you can check them out on the show notes.
- 0:41Welcome to the Curve Podcast, a conversation for women who want to learn more about money,
- 0:47their money for the future they want to have. We're all busy and the pursuit for financial
- 0:52confidence in increasing your wealth should be a simple one. This podcast is for women to learn
- 0:58about investing in a non-scary or intimidating way. With short episodes, you'll have time to
- 1:03learn, digest and understand everything to do with the world of investing. So thank you for being
- 1:09here and for listening, because together we really can raise the curve.
- 1:15This is great. We're back for the second episode of Elmene series.
- 1:19We're here. Welcome to the studio Tara. Thank you. Happy to be here.
- 1:23Thank you so much for flying from Christchurch to this such an effort.
- 1:26Our first overseas. Technically it's overseas.
- 1:32South to North Ireland. It's a solid effort, so thank you so much.
- 1:36Oh no, travel. Short flight. Got a lolly.
- 1:39Head a nap as well. Yeah, head a nap.
- 1:42Hey, do you know what would be really great? If you could just give a tiny overview as to
- 1:46what you do, just to give a context as to why we've got you in studio today.
- 1:50Yeah, sure. So I am the director of a charity called Ender Avis, the New Zealand Antifa V-Section
- 1:56Society, bit of a mouthful, but we campaigned into animal testing. And I guess that's the big
- 2:04link here is the ways in which we are knowingly fund animal testing and the ways that we can
- 2:12empower consumers to learn to to shift that money or to cut it off at the source as we like to
- 2:18say. And yeah, there's like a whole range of ways that that funding links to that issue.
- 2:23I'm going to sound super ignorant here because I haven't done a lot of research into
- 2:27specifically animal testing. What is actually still being tested in New Zealand? Like what does
- 2:33that look like if you were to lift the veil of what's obviously being hidden from consumers?
- 2:39So it's actually it's really broad. Basically we're using around 300,000 animals a year
- 2:46for science in New Zealand. And New Zealand. So that covers... This isn't as shocking.
- 2:51I'm flabbergasted. The wording in it is quite like it's that involved.
- 2:57It's like slightly done. No research. I haven't seen it so much.
- 3:03I haven't, but it's more on like global companies and go live, but that's crazy.
- 3:07I know it's not funny, by the way. There's nothing funny about it.
- 3:10It's shocking to a lot of people. 300,000.
- 3:13Yeah, but that includes animals used for research, testing and teaching purposes. So that's kind of
- 3:18like the science bubble of animal use. What kind of animals is that? I mean rats is obviously
- 3:25one that gets used quite a lot. Oh, we use old types of animals. So rats, mice, rabbits, cats, dogs,
- 3:32cows, chickens, pigs. Actually, the number one used animal in science in New Zealand,
- 3:37a cows. So we do a lot of research around animal agriculture and trying to sort of make that
- 3:44industry less environmentally damaging or increase profits of that industry. So your cows are
- 3:51cows are used a lot. And what are they testing on the cows? Is it? What you imagine when you hear
- 3:56the words animal testing, we're doing things like feeding animals poison, we're depriving them
- 4:02of oxygen, we're, how does that even happen? It must be a really hard industry to work and
- 4:08and know the real ins and outs of what's going on. It is. But I'm one of those lucky people where
- 4:15like my anger turns into energy and turns into passion and just keeps me going and fighting
- 4:20even harder. But some of the things we read about do feel like a story book because it feels so
- 4:26unreal. Yeah. Yeah. But we've got this like New Zealand, like 100% pure, pure insects, you know,
- 4:33ending you hear you do lift up the veil and you get so many. Oh yeah. It's so well hidden, so many
- 4:40Kiwis don't even know that this is going on in our backyard. But yeah, the one that shocks people
- 4:44is cats and dogs being used and we still actually breed cats and dogs for the purpose of science
- 4:51in New Zealand. So yeah, when I think of being fed poisons, we actually uncovered a case
- 4:56that dogs were being, they're actually being fed the dead carcasses of possums, they had been
- 5:02fed 1080 to see if that poison effect would cross over to the dogs when they ate them. Gosh. So
- 5:08yeah, there's um, I'm your girl if you want to like have some depressing chat in here about
- 5:13like some awful things to have and I am, I'm the girl you want to invite over. It feels very
- 5:18hunger games. Yeah. Yeah. There's also like the basic like biological research. A lot of it's
- 5:24done for curiosity sake and like, I mean, we discovered a case at Christmas where like bumblebees
- 5:30are being electrocuted. It's like, what are you even finding out there? Yeah. It kind of all
- 5:35for like research and, you know, research and development in terms of how something affects
- 5:40an animal or well, you're looking at biology and you're looking at how that animal's body
- 5:46operates. But once they're already deceased, you know, not, not killing them for that. I think
- 5:52there's, there's a much more humane way to go about it. Yeah. Then killing them for that purpose,
- 5:59it's like a hundred percent agree. What we, we say is like science and ethics can go hand in hand.
- 6:05We can be ethical while we learn. Yeah. That's the kind of thing we, it's like investing in ethics can
- 6:12go hand in hand. Yeah. Exactly. You don't have to be mutually exclusive. You can have both of them.
- 6:17Yeah. But a lot of people have the misconception that you can only have one or the other. Yeah.
- 6:22In fact, when you combine them, it's even better. Yeah. And I guess thinking about Kiwi Sava
- 6:27because our Kiwi Sava funds are invested overseas, right? So what are the difference between
- 6:32regulations in New Zealand in terms of animal testing to overseas? I guess the differences
- 6:39between us and the likes of the US is the use of primates. So in Australia, that's still huge.
- 6:46What's that, all right? Monkeys, non-human primates. Is it just apes, though? It's primates,
- 6:51like monkeys, apes, parallels. Yeah. We use them in the likes of, like they can be used in
- 6:55like conservation type research, like a zoo, they can be observed and things like that. But over in
- 7:00the likes of Australia, there means some awful stuff. The main reason why people get quite
- 7:04round off about it is because of their likeness to us. Like, you know, we can sort of see ourselves
- 7:09more in those animals, compared to a rat or a mouse, but... Yeah, that looks like quite like a monkey.
- 7:18That is a compliment. So adorable. I'm proud to have that.
- 7:22That's your favourite animal, isn't it? I must say, when I was researching for this, I thought,
- 7:26I'm so impressed with all of the work you do. And I love all of God's creatures,
- 7:32but like rats, rats I struggle with. I never want anything bad to happen to them,
- 7:37but I would certainly not want them running around the ground now. Oh, sorry. I wouldn't be in heaven
- 7:42I know running around the ground. That's so cute. They actually look like, they remind me of
- 7:47little mini puppies. Oh, okay. I'll work on the others and disagree on it. I'm going to work on it.
- 7:53I'm going to try to get a minute, but I must say at one point, I thought about moving to New York.
- 7:56I thought, oh my God, New York would be cool. And then someone said, in passing, oh,
- 8:01there's rats, a size of cats in the eye. I saw one of them and I was like, oh, no.
- 8:05Oh, I think I need a good in New York. Yeah, so it's like a bit of amazing to hang out on the subway.
- 8:14But like you were saying, so with Kiwi Saver and so much money going offshore, I think that's where
- 8:20a lot of concerns or opaceness happens because we just assume that the level of standard that we
- 8:28have here to not be called animals applies overseas and it doesn't. Kiwi Savers can be invested
- 8:34in companies that are testing cosmetics on animals, which is something I feel quite
- 8:39most people quite universally are against testing cosmetics on animals yet. There's so much money
- 8:44in that. What does that even mean that you're putting a foundation on a ranch? Like how does that
- 8:48even simulate a human face? Or like a regional. You'd be putting like a regional, I really
- 8:55had a regional on a on what though? Like what animals would even? It'd be like dropping a
- 9:00substance in a rabbit's eye and seeing the effects or they shave the skin, the fur off rabbits and
- 9:07put a substance on their skin and see how it hurts them and things like that. And then there's
- 9:11the toxicity side where they actually force feed these substances to the animals and see how it
- 9:18harms them. And there's also this awful test called the Audi 50 TS where they feed them
- 9:22enough substance until at least half of them die. So there's, it's definitely not like sitting
- 9:28there and putting like blush. As far as imagination, we're putting the scar on rats. Oh it doesn't
- 9:33look good on them, so we won't select. No, it's far more gross than that. Oh gosh. The animals that
- 9:38they're using don't replicate us accurately either, so that's the way it's just like a real waste
- 9:45and because it's not even efficient in terms of what they're trying to find out. Exactly.
- 9:49And this might sound naive, but what is the alternative? Is it testing on humans?
- 9:54No, there's actually so many cool replacements that are all based on human biology. So human
- 10:00cells, human tissues, we're getting, we're getting incredibly advanced and exposed. And I'm in a
- 10:05petri dish and like, what is that? Pretty much. Sorry, but like an anomaly scientist. I mean, if you're
- 10:11that medically advanced to test on animals, I feel like you can create an arm. Yeah, it's right.
- 10:16Like, are we growing? Like, what is happening here? I don't know about a whole arm and petri dish,
- 10:22but it's like skin, like a little hunk of skin. Yeah, we do have things like that where you can
- 10:27actually grow like human skin. There's this, there's this really cool up and coming technology,
- 10:32they're called micro fluidic devices and it's like organ on a chip. So you can have like, you know,
- 10:38a lung on a chip and you can use actual cells from a human lung and put it in there and then
- 10:42they're connecting them all together and trying to get by body on a chip so that the different
- 10:47organs can interact and, you know, even mimic the movements of those organs naturally. And that
- 10:52kind of stuff is super exciting. So there's really no excuse to be testing on animals really. No,
- 10:58yeah, I would say none none whatsoever. So just like flag the make up, like we can just all look
- 11:04a little bit uglier for a bit. You know, if there's other living beings being harmed so that
- 11:12you can look a bit hotter. But then there's so many amazing cosmetic companies that make amazing
- 11:19products that have nothing to do with animal testing. And including like global giants like lush,
- 11:24they're international and they don't grow anywhere near animal testing. They make the most beautiful
- 11:29products like it's possible. You've just got to actually follow through on your ethics. Yeah,
- 11:35I feel like there's definitely a light that's been shown on this area more recently,
- 11:40you know, with the rise of like ESG, like the environmental social and governance and visiting. And
- 11:45people just wanting to know, you know, I don't want to just make a 10% return on my investment.
- 11:49If it means at the detriment of, you know, pigs and cows and dogs and cats, you know, it's I want
- 11:56to know that I'm not doing any harm while I'm growing my wealth. And like I just did some research.
- 12:02I did actually do some research. Thank you so much for having prepared.
- 12:05I was googling publicly listed companies that do animal testing. And it was pages and pages and
- 12:14pages. And I nearly fell off my seat. Really? And I was like, gosh, this is like, really? It's 2022.
- 12:21Yeah, what? Yeah. And also big, big names as well, like Laurie L, like Johnson and Johnson,
- 12:27Unilever, which own tons of brands. Yes, they might have brands in there that do not that don't
- 12:33test on animals, but the parent company. Yeah, the parent company does and you're overshadowed by
- 12:39the other company, the other products that do it. So if you're investing in that company,
- 12:43because one of their product lines doesn't test on animals, you're actually supporting the other
- 12:47product lines that do. So as from an investor, it's actually really difficult to, you know, to
- 12:53decipher and also, you know, invest in that way. There's another thing that makes it hard to
- 13:00is that those companies are very good at seeming cruelty free. Like Laurie L will put out comms
- 13:06saying against animal testing. We don't like animal testing. And then people are like, oh,
- 13:10Laurie L's great. But then they they test on animals. It's just like a, oh, you've got to read
- 13:14between the lines. It's like, we don't condone animal testing in America or something. And it's
- 13:21like very, very terrible animal testing. And then to take the small press like, but we do in New
- 13:24Zealand. Exactly. Every other country in the world. There's one thing I've learned is like
- 13:29read between the lines because everyone can lie with statistics. And yeah, yeah, it's like,
- 13:35it's like the radio stats. Yeah, totally. We are number one in five to ten year olds.
- 13:41We are number one in doctor cats. You know, like it's like it's so misleading. Yeah,
- 13:47definitely read the small press. So then I guess in terms of investing and that crossover between
- 13:53animal cruelty and ethical investing, where do we even start with that? Well, especially with
- 13:59Kiwis over providers or Kiwis over funds because you don't even know where your, you know who your
- 14:04Kiwis have providers, but a lot of people don't even know where their money is invested or what
- 14:07companies. So there's that added step of like, merciness, I guess. But there is a great platform
- 14:13called Mind for Money, which I don't know if you've heard of. But yeah, so they have these badges
- 14:18and to get a badge to the second animal cruelty badge, a non animal cruelty badge. Yeah,
- 14:24I was like, you want to be proud about it. Yeah. So the non animal cruelty badge, there's a non
- 14:30fossil fuels badge and non-controversial weapons badge. So if you've got those badges,
- 14:34you're your funds don't invest in any companies. Oh, that makes things quite easy to just look
- 14:38for the edges. But it's a new thing. So it's, it's, there's a few funds, there's only a few
- 14:42funds that have it, but it will become things like that. It will become more and more mainstream
- 14:46and then people will be like, okay, cool, rather than having to go through every holding of your
- 14:50Kiwis over provider and holding is company. Sorry. Sorry. Thank you.
- 14:56And there's my little glossary. No, going through every company that Kiwis over,
- 15:01provide our own. And then if it's a uni lever, then going through every one of their products,
- 15:05and it would just be so time consuming. So it's great. There's platforms out there that do do that.
- 15:10And then you know the funds that don't invest in companies that test on animals.
- 15:15It doesn't actually exempt all animal testing. It's the non-pharmaceutical testing.
- 15:22And at the moment, there's only two funds anyway that have the badge and it's pathfinder
- 15:28and booster. Yeah. But it's just pathfinder that's fully animal testing free, right?
- 15:35Boosted on invest in like the likes of cosmetics testing on animals. But then pathfinders like
- 15:41the full Shabang, they don't invest in any sort of animal testing. So it's so hard for investors to
- 15:47know, like even I struggle and I'm in the industry and I'm looking at these companies every day and
- 15:51looking, you know, looking at funds. And I'm just, I'm mind boggled, let alone investors.
- 15:58Pathfinder Kiwis and a plan is the amazing sponsor of this mini series. They are proud to help
- 16:02you stay for your future without costing the earth. You can grow your individual wealth while
- 16:07also caring about the collective well-being of the planet. Pathfinder asset management limited
- 16:12is the issuer of the pathfinder Kiwis ever plan. So you can head to pathfinder.kiwis for more
- 16:16information in their product disclosure statement or check out the link in our show notes.
- 16:21Maybe there will be a time where people are just like refusing to have their Kiwis ever money
- 16:26anywhere that's supporting something that doesn't align with the earth. Yeah, we saw that recently
- 16:30with that company DGL and that CEO that came out. I don't know if you guys saw about and he was
- 16:35calling out, you know, he just made some really sexist and racist comments and investors started
- 16:40pulling the money out. They were like, we don't want to be aligned with, we don't want our money
- 16:44invested in a company that's led by someone who makes these comments that we don't align with.
- 16:48And so the share prices tanks and investors just pulled the money out. And it's so awesome to see
- 16:54because it's like, you can't get away with this kind of stuff. You can't get away with
- 16:58testing on animals and it speaks consumers and investors to just be like, man, that's fine.
- 17:04It's when there's other companies out there that are doing an awesome job, but not testing on
- 17:08animals. I want to give my money to them. Yeah. I think the first step though was people even
- 17:13learning that the money is invested in things like that because not that long ago we were unaware
- 17:18of it. We didn't know that Kiwis savers can be invested in that way. And as soon as we found out
- 17:23and shared it with all of our supporters, there was like a massive sort of reaction where people
- 17:27were like, wait, what? Yeah. These are very dedicated people who have been supporting the charity
- 17:32since the 70s and 80s. So donating to support anti animal cruelty? Yeah, not just donating,
- 17:38but they will have attended marches back in the 80s with hundreds of other people. They would have
- 17:42written submissions. So like, fiercely involved in this. And these are also people who donate
- 17:46like pieces of land and houses and stuff to the charity, basically being like, we believe in what
- 17:52you do so much that like, here's all of this wealth, hopefully, to make more change. And then
- 17:57did they find out that their Kiwis savers were? Well, those sorts of gifts that are left in
- 18:02people's wills, unfortunate, that means they've passed away. So they wouldn't have learned about
- 18:07that before the campaign. But there are people who are very passionate about it and do leave like,
- 18:14you know, a chunk of their life's worth to continue the fight against animal testing, which I
- 18:20think is so beautiful. Yeah, that's so amazing. Yeah. Well, it's kind of why we're doing this
- 18:25podcast series. It's to shine a light on the fact of like, where is your money invested?
- 18:29Because a lot of people don't know. And they just assume that Kiwis savers providers have the same
- 18:34views and ethics, values and ethics that they do. And would invest the way that they would want
- 18:40their money to invest their investors. But it's not the case. Well, it's such like a complicated
- 18:47issue animal testing in particular that I can see the struggle that the likes of those companies have
- 18:51and even pulling the issue apart and figuring out where the ethics sort of stand. I know with
- 18:57pathfinder, we've sort of worked together a lot to help them build those sort of criteria, I guess,
- 19:04on what they would and wouldn't accept. And there's a lot of like sharing of expertise,
- 19:09because we know the issue inside and out. But then when it comes to investing, we're like,
- 19:14what? Well, just that means we just how does it spell? Can we just backtrack a little? I just
- 19:20can so relate, by the way, I'm still very much learning about investing. But I'd like to just say
- 19:26I think that's incredibly cool from pathfinder to be so open to learn and grow and change and
- 19:32be doing things better. And that's what we need is not only the company side doing that, but also
- 19:38the consumer and the investor side, right? And so I've got to say, real problem, my computer's just
- 19:44popped up saying, you're a winner, you've been chosen to participate, to participate in lottery.
- 19:48So I've just got some viral stories. I've got some really bad viruses, like computer, like it's
- 19:53quite epic. But no, it's so good, like you say, so that pathfinder is continually trying to learn
- 19:59and like reaching out to people like yourselves who are so educated in the space, rather than just
- 20:04assuming that they know what companies are not animal testing and investing that way, they're like,
- 20:10okay, we actually want to learn more and improve ourselves and because everyone can do better
- 20:16by learning more. And so with pharmaceutical testing, is it essentially using animals to
- 20:22predict any potential outcomes that might then happen in humans? Yes. Yeah, and there's some
- 20:28outdated laws that actually require those tests to happen, just another part of the problem.
- 20:35Wow, so forget like FDA approval, which is like the big approval company in the States.
- 20:40You have to go to pretty rigorous like clinical trials and stuff, which I assume would be
- 20:46animals up to a point in their humans. It does typically go that way, but I mean a little bit off
- 20:50topic, but what we saw with COVID is it sort of shifted that because of the urgency to get,
- 20:56you know, useful vaccines out. It actually shifted the way it was all done and we had human trials
- 21:02happening at the same time as animal trials, rather than before. That would have been quite
- 21:06interesting to see like the Dalek comparison, right? With that, anyway, a lot of what I've seen
- 21:11is that the ones that made it to human trials were tested in other ways other than animals beforehand,
- 21:18and then went out that way. A lot of people in like my line of work are looking at that as a case
- 21:23study of what we could be doing and shifting in a different way and saying like we did at once
- 21:27when the urgency was there, why are we still using animals at all? Oh god, I love animals so much.
- 21:34It just makes my heart hurt to think about. That's so useful.
- 21:38That's got a really cute dog called me, so I imagine if it was like, let's get me so 500
- 21:43pound dollars, like it's just perfect. And do you know what I think the worst part is, is that
- 21:47the overall mindset I remember of sitting in traffic in Sydney and I was, there was this, sorry,
- 21:53this is slightly off topic, but there was this bus and it had a little duckling and then a little
- 21:57puppy and I was like, one's your friend and one's your food. And I remember just sitting there
- 22:02being like, oh my god, it's so true. You know, we've kind of like said, you know, cows are food,
- 22:08but dogs are pets. And you know, pigs are food, but cats are pets. And it's like, you'd be
- 22:14outright as if you went to someone's house and they were like, oh, we're having a horse for
- 22:16dinner. You'd be like, uh, disgusting. And this is my pet pig. Yeah, like it's so weird. And so I
- 22:22think when it comes to your mindset around companies that you support and businesses that you give
- 22:28your money to, whether it be on a consumer level or on a, on a bigger investing level, we just need
- 22:33to be educated and open minded, I think, around what does that look like if you actually think about
- 22:39the way that that company works in terms of testing things on animals. And are you comfortable
- 22:44that if you are like, that's your choice, but yeah, but it's just we just need to know that it's
- 22:48happening so we can make that choice. There's some cool ETFs actually. So there's some cool
- 22:53exchange traded funds. So these are like funds that are listed on the stock exchange, which invest
- 22:59in companies that don't test on animals. Well, that's amazing. So if you were kind of, didn't
- 23:05want to do your research or, you know, felt quite overwhelmed, you can invest in these ETFs, which
- 23:10have done a lot of the heavy lifting for you. But again, it probably comes down to definitions,
- 23:15but at least they're taking a step in the right direction. That's amazing. Yeah. And also,
- 23:20just for you know, who doesn't know ETFs are like, it's like a Christmas hamper where you have like,
- 23:25oh, I got a cat and a jar of jam and lava, but you know, you kind of have like a little bit of
- 23:29everything. So they've got like heaps of different companies in the basket. So if you buy a share
- 23:35in an ETF, you get access to all of the things in the hamper. But you only buy one share and it's
- 23:40like spread across all of the companies rather than buying a share in a hundred different companies,
- 23:45you just buy the one share. Yeah. So what Vuxing is like, if you were to buy an ETF that actively says,
- 23:50we don't have more animal testing, then there might be like a whole bunch of cool companies that they
- 23:55invest in. What are the ETFs called if you know what I'm monster? There's one called VEGN. Vegan.
- 24:02VEGN. Yeah. That's cool. That's a ticker. And that's like, we were talking before about do companies
- 24:08make up their own tickers and some of them do and then ETFs can make up their own tickers too.
- 24:12But there's one, there's like a female empowerment ETF and it's ticker as a she, S H E.
- 24:18I was like, lol. That's so cool. But yeah, there's lots of ETFs now on, like there used to be just
- 24:23country or sector ETFs. So if you wanted to get exposure to just Australian companies or just health
- 24:28care companies, whereas now there's way more innovative ETFs, like there's the VEGN ETF,
- 24:34there's climate ETFs, there's female empowerment ETFs. There's so many different ETFs. It's quite cool.
- 24:40It's like cyber security ETFs. You can go down like a rabbit hole of ETFs and yeah, it's quite cool.
- 24:46And so yeah, did some research found there's quite a few non animal testing. Maybe in the show notes,
- 24:52we could put the not the reference that you knew on the one or to check out the ETFs because
- 24:56there would be quite cool even just to go through those the ETFs, like the companies that are within
- 25:01that. Yeah, so it's quite interesting. Yeah, when you lift up the hood and look underneath,
- 25:07it's your Microsoft, it's Visa, it's, you know, I guess it's more the tech companies,
- 25:14because they don't want to start coming. They don't test on animals. They're not seeing if
- 25:17a cat wants to join teams. No, no, they're not testing teams on that cat wall. Yeah, okay.
- 25:23So that's probably how they got a skirt around that a bit. But still, I guess if your money is
- 25:28going towards companies that are not affecting animals or testing on them, then at least
- 25:34that's the way you want to invest, then that's those are the companies that don't test on animals.
- 25:39Yeah, so yeah, that's really, I didn't know about those. That's a cool thing for us to look into.
- 25:45We can be so distracted with whatever our, you know, the iron, the price, the focus, whatever
- 25:50we're trying to do, but actually to make real positive global lasting change, you need lots of
- 25:56money behind things. This is the reality. So we have to be careful and know that our money is
- 26:02supporting the companies that are making the changes we want to see. And making sure you're not
- 26:07contradicting yourself by, you know, consuming only cosmetics that are not tested on animals,
- 26:13but then investing in the likes of a lawyer or, you know, your Kiwis ever will become
- 26:20with someone who is investing in animal testing or something. And if you're fine with that,
- 26:23that's fine, but if you're so passionate about something, then you at least owe it to yourself to
- 26:29check where your Kiwis ever money is going to make sure that you're not contradicting yourself.
- 26:34Really? Yeah, don't get yourself up about it. The best thing we can do is educate
- 26:38and then make changes. So true. Money fuels innovation as well. So the more money that goes into
- 26:45this space, you know, from a consumer level or from an investment level, it's so great because it
- 26:50just brings about change so much quicker. Yeah, I think that's so true. And we see it so clearly
- 26:55with the cruelty-free cosmetics side. Yeah. Like the rise in cruelty-free cosmetics has been quite
- 27:00wild. And it is because of consumers. We're finding out that animal testing happens for
- 27:05cosmetics and we're saying we don't want that. We want cruelty-free. And I think it's disrupted
- 27:09the whole industry. So much to learn. I don't know. I need to get a look at investment the same.
- 27:16I'm just going to make sure that I do so much research before I make an investment now.
- 27:21It's coming from the queen of research. We're going to already do a lot of research for
- 27:25making an investment, but you're going to have no loss. Hey, it's Friday night. Sorry, just
- 27:30research again. I'm all cruelty-free. I'm companies. I think it is really important though, because
- 27:35the numbers, looking at numbers, it kind of doesn't seem you don't feel the realness of it. But in
- 27:42my line of work, when I'm actually reading what these animals have to go through, what they're made to
- 27:46endure, it's so real. They're real lives, they're real animals who rely on people to learn more
- 27:52and to take action and to use their kind of power and whatever way they have it to change.
- 27:57What was back in the day with caged hands and caged eggs, and then there was that hole.
- 28:02Oh my god, I just reached on that. I was alive. I was like, did you? I was like, choose your
- 28:09topic, and I was like, battery hands. They are so cruel. It's a real thing for me. I'll go
- 28:16out to a cafe, and I'm like, where are your eggs from? And people are so embarrassed. It's like
- 28:22Josh, I'm like, no, like the thought of it being, it just grosses me out. It's such a
- 28:27whole look. But I think that's part of it is just like when that becomes front of mind, and
- 28:32you know, you actually wake up to the fact that I don't want to eat eggs from a battery hand.
- 28:36And then now there's so many free range eggs available. It's because there was this whole
- 28:42kind of movement away from wanting that. And so it's kind of like, okay, cool. Now we've dealt with
- 28:47the chickens, now they still with the pigs. Okay, no doubt with the pigs. We're making
- 28:53progress, but we need to do it. There's a small species that we need to be healthy. Let's get on
- 28:57to it quickly. We need to get to the right hair. There'll be a tipping point, I think, where we
- 29:02as a society sort of draw the line on what the social licenses and the way that we treat animals.
- 29:08And then it will just be like, the floodgates will open, and we'll see a lot of positive changes.
- 29:13At Christmas time, we did this, like, 12 days of Christmas expoze. We, for 12 days straight,
- 29:18we exposed an experiment that they had conducted on animals. And it just, like,
- 29:22well, God, that would have been like, oh, everyone wants the present today.
- 29:26Like thousands and thousands of people saw that. We had media, we had social media.
- 29:30This is recently, yeah, but can you give us, like, three presents?
- 29:35Like, what was that?
- 29:36The presents you don't want. No, but like, I think it's good for our audience to
- 29:39yeah, because as you were saying before, if you, if you're unaware of how bad it is,
- 29:43then you might not have the passion or, like, care to really change the way that your money is
- 29:48being invested. But it did blow up and a lot of people, I think it, it opened their eyes to
- 29:54what's going on at Otago. But if you want three presents, one was actually the bumblebee,
- 29:59so electrocuting bumblebees. I've already had that present, so I'd like three more please.
- 30:03Okay, let me rewind and think. There was, they were using the four swim test.
- 30:08So where they put rats in like a beaker of water and
- 30:13force them to swim like these rats can't touch the bottom, they can't crawl outside,
- 30:17they have to just continuously swim. And that's used as a way to apparently measure depression.
- 30:22So the longer they're at swim for the idea is they are less depressed.
- 30:28It's hugely scientifically invalid as well as unethical. Like, who are these scientists?
- 30:35Like, are you all good? Did you got a university?
- 30:39Maybe have a conversation with someone with depression, it's probably gonna give you more
- 30:43and it's hard to put more rats in it. Yeah, yep, so there's that one. There was a lot of
- 30:48maternal deprivation studies that we exposed, so the likes of separating baby rats from their
- 30:54mums and then recording the calls, so the calls of the pups. And some pretty gruesome
- 31:00like bisection ones where they cut the heads off, baby rats. That's not the tip of the iceberg.
- 31:06I don't really want to see the rest of the iceberg. Yeah, I feel so hot and like,
- 31:10sweaty and stressed. Well, if you want more presents, they're all on our website and there's like
- 31:15videos and photos to go with them if you interested your faces. So this is another pop-up
- 31:22on my computer. Oh my god, no one needs to see what that was. It's like a porn site?
- 31:26Yeah, let's just skip on to the next topic.
- 31:33No, but yeah, thank you so much for your time, Tara. I think it's eye-opening and devastating
- 31:39and also just like so important for us to be aware of the stuff that's happening, not only in New
- 31:45Zealand when it comes to animal testing, but overseas, especially given our kiwi savours,
- 31:49so much money that's going overseas and fueling some of these companies.
- 31:53So yeah, and if you are concerned about a brand or a company about where, you know,
- 31:58before you make an investment and you're worried about their testing on animals or or anything,
- 32:03just Google, like Google's so good for this kind of thing. Yeah, it ends at Avias. We have a
- 32:07cruelty free guide that lists like all the different cosmetic companies who aren't affiliated
- 32:13with animal testing at all. And we have like a very strict criteria there. So we're super confident
- 32:18that none of them are involved in animal testing. And that's the sort of thing that we share with
- 32:22Pathfinder saying like, this is a good way to vet cosmetic companies if you want because
- 32:27they're definitely not involved in animal testing. Look to their experts, look at like the resources
- 32:32in today, they have Pathfinder, they work so closely with us on this issue that they...
- 32:37Is there anyone that doesn't know that's a kiwi savour scheme?
- 32:41You know, because we're keeping like Pathfinder, Pathfinder, because we're really aware of the fact that
- 32:46they're super ethical, but for anyone that doesn't know. But it's so good to know,
- 32:50yeah, to use the experts, because it can be so overwhelming. And you do this day in day out.
- 32:55Yeah, I've got limited names and different events in the room. I'm not bringing a lot to the table.
- 33:01I also think like, if no news is... If they don't publicly say that they don't
- 33:07test on animals, they probably do. They probably do. Yeah, yeah. I can't see you on the bottle.
- 33:12Yeah, yeah. I need to check out my cosmetics, because I haven't got a quad. I know that's
- 33:18really embarrassing to admit, but... I think a lot of people would be... Can you tell me if I know
- 33:22what my mascara brand is, I've got Glossier, have never heard of it. Okay. Okay, I've just sort of
- 33:29waiting for you to be like, yep, that's a bad one. I was like, I mean... What I know on the cruelty-free
- 33:33guide is Mac, they test on animals. Oh, okay. Oh, you're going to have to get rid of your
- 33:38in-time makeup bag. I know. God, I want to go wash my face now. I know.
- 33:44Really good. I'm sorry to share the news. Get it off now. Stop the point.
- 33:55Thank you so much for your time, and if anyone has any questions or wants to find out more,
- 34:00where can they do that? They can come to our website at NZWS, so NZWS.org.nz. I
- 34:06when it comes to vegan cruelty-free makeup, then a guide to vegan is also a good one,
- 34:12my own little personal plug. We'll just plug that side of it. Yeah.
- 34:16We'll get vegan cruelty-free makeup. One of my favourite things in the world, so... Okay, great.
- 34:20So anyone can jump on that. I'm going straight there. We'll also put some stuff in the show notes
- 34:26around like specific investments in 80 years that do not support animal testing.
- 34:32Amazing. We can use that too, but you're thank you so much for having me.
- 34:35No, it's been really fun. Thanks for coming.
- 34:37Thank you. And I also love what you two do as well. I think it's a it's a very cool thing to see
- 34:43other women empowering other women. Oh, thank you. That's so awesome. Thank you.
- 34:49Thank you so much for joining us for today's episode of Raising the Curve.
- 34:53Please subscribe and leave a review on what ever platform you're listening on.
- 34:57We would also love for you to share this podcast with anyone you think would benefit from it.
- 35:01For more information about the curve and how you can learn more,
- 35:04head to the curve.co.nz or find us on socials at the underscore curve nz.
- 35:13Pathfinder is on a mission to prove you don't have to sacrifice good ethics to generate good
- 35:17returns. All of Pathfinder's Kiwis River Funds ranked in the top three for returns in Morningstar's
- 35:212021 survey. They can serve to fund placed first in its category, their growth fund second,
- 35:26and balance fund third. So, if balancing individual wealth and click the while wearing
- 35:31floatsy boat, check out Pathfinder Kiwis River Plan. Pathfinder Kiwis River Plan helps you save
- 35:35for your future without it costing the earth. Pathfinder asset management limited is the
- 35:39issue of the Pathfinder Kiwis River Plan. Head to pathfinder.keyweep for more information and a copy
- 35:44of the product disclosure statement.