In a joint interview with Dealbook of The New York TimesMeghan admits that the investment was not part of her “world,” but that she and Harry had been introduced to the company by friends.
She said: “From the world I came from, you’re not talking about investing, right? You don’t have the luxury to invest.
“It’s so fancy.”
She said Harry had been looking for a suitable sustainable investment firm “for years.”
She said: “My husband has been saying for many years, ‘Gosh, if your values fit this way, wouldn’t you want to put your money into the same thing?'”
In A Statement On the Orchevel website, the couple said: “We want to rethink the nature of investment to help solve the global problems we all face.
“When we invest in each other, we change the world …”
The former royal said his involvement would encourage young people to think about the sustainability of their own investments.
Said Harry The New York Times: “You already know the younger generation is voting with their dollars and their pounds. You know, when it comes to the brands they pick and choose from around the world.”
Ethic said he was “excited” to welcome the couple.
In a Declaration On their website, the company claims to share many values with Harry and Meghan.
“That’s why we’re so excited that they’re joining us as an influence partner,” it reads.
“They are deeply committed to strengthening the critical issues of our time, such as climate, gender equality, health, racial justice, human rights and democracy and understanding that these issues are inherently interconnected.
“In fact, they became an investor in Ethic earlier this year and have managed investments from Ethic,” it adds.
Ethic was founded in 2015 and has $ 1.3 billion (£ 953 million) under management.
It aims to help investors create portfolios that align with personal goals.
This is the latest move by Sussex to expand their business interests after leaving the royal family and moving to the US.
Since then, the couple has been credited with Spotify and Netflix with over 100 million.