Exclusive: Harry and Meghan want to make sustainable investing mainstream
Prince Harry and Meghan, the Duchess of Sussex, are getting into the investment business. …saging-custom-newsletters.nytimes.com/template/oakv2…
They are joining Ethic, a fintech asset manager in the fast-growing environmental, social and governance space, as “impact partners” and investors. Ethic has $1.3 billion under management and creates separately managed accounts to invest in social responsibility themes.
The couple could attract more attention to sustainable investing. Harry and Meghan can make E.S.G. investing part of pop culture in a way that, say, BlackRock’s Larry Fink can’t. “From the world I come from, you don’t talk about investing, right?”
Meghan told DealBook in a joint interview with Harry. “You don’t have the luxury to invest. That sounds so fancy.”
“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?’” Meghan said. They were introduced to Ethic by friends, she said. Harry and Meghan said they hoped that their involvement would help democratize investing,
making people — especially younger people — more deliberate in their choices and conscious of investing in sustainable companies. “You already have the younger generation voting with their dollars and their pounds, you know,
all over the world when it comes to brands they select and choose from,” Harry said, suggesting it was a natural extension to do the same with investments.
At Ethic, we don’t shy away from taking on big challenges. Since our founding more than five years ago, we’ve strived to help redefine the fundamental nature of the relationship between corporations and the world around them.
Our efforts to make capital markets a powerful force for good involve having hard conversations, putting real action behind our words, and not being afraid to do things a bit differently.
Prince Harry and Meghan, The Duke and Duchess of Sussex, share a lot of values with us, and we suspect, with many of you as well. That’s why we’re so excited that they’re joining us as impact partners.
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. So much so, in fact, that they became investors in Ethic earlier this year and have investments managed by Ethic as well.
Now they want to shine a light on how we can all impact the causes that affect our communities, bring transparency into how the corporate world sets the tone and shapes outcomes for everyday families, and believe that more people should have a seat at the table
when it comes to making progress.
With their partnership, our shared vision for a world in which all investing is sustainable investing can reach many millions around the globe.
After all, we are all investors. Whether or not you have an investment portfolio today, you still make conscious decisions each and every day about where you choose to invest your time, money and energy.
We all have the opportunity to invest in our communities—and to align our values with our actions. And that’s crucial because it will take all of us, working as a community, to shape a more inclusive, resilient, and sustainable future.
Working together, we hope 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.
If this is your first time visiting us, welcome!
We’re so happy that you’ve joined our community and taken this step toward living your values.
We founded Ethic because we believe in the power of informed, independent choice to drive material positive change in our world. And we can’t wait to help you do just that.
Doug, Jay, and Johny
#HarryandMeghan were introduced to Ethic by friends, she said. A perfect reminder of how important it is to have a great group of friends.
Reminder this is how people view #HarryAndMeghan: Prince Harry and Meghan, The Duke and Duchess of Sussex, share a lot of values with us, and we suspect, with many of you as well. That’s why we’re so excited that they’re joining us as impact partners.
Be it through the investment of time (as with mentoring), investment in community (as with volunteering), or the investment of funds (for those who have the means to), our choices—of how and where we put our energy—define us as a global community.
I ordered a snack at Blackbird Bakery where Meghan Markle frequented in Kensington Market and had the best chocolate croissant of my life. tinyurl.com/344pzm96
Tomorrow morning, let's talk about The Meghan Effect. I have done some research into this topic, and I am excited to share the information. It is based in part on this article. The Meghan Effect Is Still In Effect meghanpedia.com/the-meghan-eff… via @meghanpedia
Disclaimer: Tomorrow's thread will be about The Meghan Effect. I realize that there are a number of Duchesses in the world. However, the post will focus only on the Duchess of Sussex, Meghan Markle. While the articles I share may mention other Duchesses, I will not.
As always, I will be using 'hide reply and blocking, if this post attracts trolls and bots. If you choose to reply to them can you please untag this account.