Prince Harry and Meghan, Duchess of Sussex have announced a new venture that is all about “investing in each other”.
The royal couple have partnered with investment fund Ethic to help promote better environmental, social and governance practices for companies around the world.
Announcing the partnership on their Archewell website, the couple wrote: “When we invest in each other we change the world…
“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.”
Harry and Meghan went on to say that it’s time for “more people to have a seat at the table when decisions are made that impact everyone”.
The royals want to push for a new approach to investing that will “help solve the global issues we all face” and say their new partnership with Ethic “is one of the ways we put our values in action.”
Ethic is a firm that promotes investment in companies that have strong track records across environmental, social and governance practices.
Harry and Meghan first invested in the firm itself earlier this year, as confirmed by Ethic in a blog post, and now have investments managed by the group too.
Sharing details of the partnership in a post on its site, Ethic wrote: “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.
“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 blog post added that the couple “want to shine a light on how we can all impact the causes that affect our communities” and “bring transparency into how the corporate world sets the tone and shapes outcomes for everyday families”.
Responses to their new ventures have been mixed, with some royal watchers congratulating the couple for carving out their new life in the US, while others have criticised them for “cashing in” on their royal ties.
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