Prince Harry, Meghan Join ESG Boom as ‘Impact Partners’ in Fund

Prince Harry, Duke of Sussex, and his wife, Meghan Markle, Duchess of Sussex, are the latest to join the boom in sustainable investing as they follow Wall Street in embracing a multitrillion-dollar industry.

The couple is joining Ethic, a $1.3 billion investing fund in New York, as “impact partners” in the hope of raising awareness around issues such as racial injustice, climate change and income equality, said co-founder Jay Lipman. They had backed the firm earlier this year.

With environmental, social and governance investing now part of mainstream finance, regulators have started paying more attention to how well ...