Prince Harry and Meghan have teamed up with US-based sustainable investment manager Ethic as ‘impact partners’.
Ethic said in a statement on its website that Harry and Meghan shared common values with the firm and had been brought on as partners to help sustainable investing reach “many millions around the globe”.
New York-based Ethic, which was founded five years ago by former JP Morgan and Deutsche Bank employees Johny Mair, Doug Scott and Jay Lipman, has put more than $1bn into sustainable strategies. Harry and Meghan have personal investments managed by Ethic.
Ethic’s founders said of the couple: “They’re deeply committed to helping address the defining issues of our time – such as climate, gender equity, health, racial justice, human rights, and strengthening democracy – and understand that these issues are inherently interconnected.”
They added that by working together, they hoped to “inform, educate and inspire widespread action around some of the most significant and defining issues of our time”.
“While these issues are global, our choices – and our values – are often personal. We view this partnership as an incredible opportunity to inspire even more people to align their individual values with their actions.”
Since stepping down from royal duties and relocating to the US last year, Harry and Meghan have engaged in a number of corporate partnerships, including production deals with Spotify, Netflix and Apple TV+.