Meghan and Harry are trying to push sustainable investing into the mainstream. “My husband has been saying for years, ‘Gosh, don’t you wish there was a place where if your values were aligned like this, you could put your money?’”
““My husband has been saying for years, ‘Gosh, don’t you wish there was a place where if your values were aligned like this, you could put your money to that same sort of thing?’””They’re backing that pledge with an undisclosed initial investment, and a role as “impact partners,” with Ethic, a fintech asset manager that has expanded quickly in the environmental, social and governance space.
“From the world I come from, you don’t talk about investing, right?” Meghan told the New York Times DealBook newsletter in a joint exclusive interview about Ethic. “You don’t have the luxury to invest. That sounds so fancy.”Ethic, created in 2015, has $1.3 billion under management, an amount that has tripled in just the past year, according to DealBook.
The famous couple, who have largely split from the machinations of the Crown and royal duties, including relocating to California and signing on with Netflix NFLX, -0.87%, spoke last month at the Global Citizen Live concert in New York. The nonprofit has stressed tree planting and the importance of cutting U.S. greenhouse gas emissions in half by 2030. The pair then took some heat for their fast turnaround home on a private jet, whose carbon footprint routinely comes under fire.
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