Harry & Meghan join socially conscious ESG
News Desk || shiningbd
On Tuesday, Harry and Meghan announced they are joining Ethic – a fintech firm that makes asset-management technology for sustainable investing – as “impact partners”.
Prince Harry and Meghan, the duke and duchess of Sussex have fashioned themselves as relatable, compassionate royals who leverage their celebrity to bring about positive change for people and the planet.
ESG stands for environmental, social, and governance and describes an approach to investing that takes all those criteria into account. Think of investment products like “green” bonds or funds that promise to only invest in companies that advance gender equity or lower greenhouse gas emissions.
“We believe it’s time for more people to have a seat at the table when decisions are made that impact everyone,” Harry and Meghan wrote on their website, Archwell. “We want to rethink the nature of investing to help solve the global issues we all face.”
Ethic, which according to its website has “transitioned” more than $1bn into sustainable investing strategies, lauded the broader awareness that Harry and Meghan could bring to ESG investing.