Blake Lapthorn were delighted to welcome Jamie Hartzell, MD of Ethex to the first in the new series of green breakfasts in Oxford on 17 October 2012.

1. www.ethex.org.uk

2. Investing for Change
The first ever online service dedicated to
retail ethical investors

3. Ethex is unique
Ethex is unique, because it is:
•For retail investors
•For middle stage businesses
•Focused on equity
•Looking for strong social and
environmental returns
•Non-profit
•Built on trust
•Based on collaboration and sharing

4. Europe’s most wanted:
Rank Company Sector
1 BG Group PLC Gas
2 Vodafone Group Telecommunications
3 Nestle SA Food
4 ABB Ltd Engineering
5 Novartis Pharmaceuticals
6 Roche Holdings Pharmaceuticals
7 HSBC holdings Finance
8 Sanofi Pharmaceuticals
9 BNP Paribas Finance
10 Siemens AG Engineering

5. Benefits for the investors
• Brokerage of your investment.
• Portfolio management.
• Profile of member businesses.
• Prices and trading histories.
• News on investment opportunities.
• A chat forum on ethical investment issues.
Ethex is both a Club and a Fund with both investors
and social businesses as members.

6. Benefits for Businesses
• Investment from Ethex members.
• Improved profile and investor relations.
• Cheaper to raise capital.
• Improved liquidity
• Corporate finance support.
• Advice on preparing to receive investment
• Registrars service
Ethex expects to attract up to 5 new businesses a year

7. The Founding Businesses
1. Allia
2. Cafedirect
3. Charity Bank
4. Ecology Building Society
5. Ekopia Resource Exchange
6. Ethical Property Company
7. Good Energy
8. Oikocredit
9. Traidcraft
10. Bristol Credit Union
Ethex aims to turn up to 3 start-up businesses into
established businesses each year.

8. Possible New Businesses
• Social enterprises where venture
capital wants to exit
• Established charities issuing bonds to
the general public
• Housing associations
• Credit unions and CDFIs
• Larger community share issues
• Positively screened SRI funds

9. Existing Ethical Investors
How many ethical investors are out there?
Shareholders in ethical businesses such as
Traidcraft, CafeDirect, Ethical Property, Triodos
Renewables. 25,000
Investors in IPSs such as Shared Interest,
Energy4All, the Phone Co-op and CDFIs 25,000
Depositors in Triodos, Ecology Building Society and
Charity Bank 40,000
All ‘Direct ethical investors' 90,000
Ethex aims to attract at least 200 new investor members
a year

10. Steps to commercial success
Ethex strengthens businesses ability
to take on investment as they:
• Understand how investors influence their
business
• Have an investment product to offer
• Can manage small numbers of investors
• Can manage large numbers of investors
• Are ready to list on the Social Stock Exchange.

11. Wising up to Ethical Investment
Investors become more sophisticated as they:
• Want to learn about ethical investment
• Are able to assess social & financial returns
• Understand investment risks
• Are able to manage a portfolio of ethical
investments
• Become a sophisticated investor
Ethex can help investors to make more sophisticated
investment decisions

12. Areas of website
1. Ethical know-how helps investors better
to understand ethical investment
2. The Marketplace provides detailed
information on ethical investment
opportunities
3. The Meeting Place creates discussion,
allows feedback and gathers research
4. My Account is where investors can
manage their portfolio of investments
The website aims to build a relationship of trust with its users