“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,” the company said of their new partners.
Ethic added that the Duke and Duchess of Sussex invested in the company earlier this year and now have investments managed by Ethic too. The company did not say what types of stocks or funds the couple own, however.
“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,” Prince Harry added in the DealBook interview.
Ethic said in its statement that it was hopeful that having two of the most well-known people on the planet pushing for ESG investments will make this style of portfolio management even more popular.
“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,” Ethic said. “With their partnership, our shared vision for a world in which all investing is sustainable investing can reach many millions around the globe.”
The partnership with Ethic is the latest of several business ventures the couple has announced in recent months.