Prince Harry and Meghan, the Duchess of Sussex, have another initiative under their belts, reports The New York Times. The pair have signed up to be investors and “impact partners” with the sustainable investing fintech firm Ethic.
Ethic allows investors to put their money into social and environmentally conscious companies. The firm was founded in 2015, and currently manages over $1.3 billion in assets. The New York Times says the royals hope their involvement with Ethic could help spur younger people to invest in sustainable companies. In a blog post announcing the new royal partners, the company said:
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.
Harry and Meghan’s involvement with the New York-based Ethic is just the latest U.S.-based initiative the pair have signed on to. The duo has production deals with Apple and Netflix, and also the Sweden-based Spotify.