Home Business Prince Harry and Meghan wink at ethical investments and become ‘impact partners’ of the Ethic fund

Prince Harry and Meghan wink at ethical investments and become ‘impact partners’ of the Ethic fund

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The ESG also bewitches Prince Harry and Meghan. The royal couple announced they will join Ethic, a $ 1.3 billion New York-based investment fund that produces wealth management technology for sustainable investments. “We believe it is time for more people to sit at the table when making decisions that affect everyone,” wrote Harry and Meghan on their website of their foundation, Archewell.

Even the Dukes of Sussex fascinated by ESG investments

Meghan Markle and Prince Harry motivated this decision by writing that «we want to do light how we can all impact the causes that affect ours community, bring transparency into how the corporate world sets the tone and shapes outcomes for everyday families and believes more people should sit at the table when it comes to making progress. ” Prince Harry, Duke of Sussex, and his wife, Meghan Markle, Duchess of Sussex, have had a number of lucrative contracts since leaving the Royal Family, including partnership multimilionaire with Netflix, Spotify e Apple and now they join the boom in sustainable investment, following Wall Street in embracing a billion dollar industry.

The Dukes of Sussex join Ethic as an “impact partner” in hopes of raising awareness on issues such as racial injustice, climate change and income equality, said co-founder Jay Lipman. News that underlines the growing importance of sustainable investments now an integral part of traditional finance, and on which regulators have begun to pay more attention today. The reason is explained in the approx $ 35 trillion parked in ESG activities, according to the Global Sustainable Investment Alliance, a figure that also explains the growing concern that the ESG label is often misused, a practice known as greenwashing.

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