Prince William Charity Invests With Bank Tied To Fossil Fuels
The Royal Foundation said by email that it had followed Church of England guidelines on ethical investment since 2015, and goes beyond them.
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The Royal Foundation said by email that it had followed Church of England guidelines on ethical investment since 2015, and goes beyond them.
The conservation charity founded by Prince William, second in line to the British throne and a well-known environmentalist, keeps its investments in a bank that is one of the world's biggest backers of fossil fuels.
The Royal Foundation places more than half of its investments in a fund advertised as green that owns shares in large food companies that buy palm oil from companies linked to deforestation.
Among top executives at S&P 500 companies, women control just 1 per cent of the value of shares among top leaders.
The disparity means male executives held about $770 billion worth of shares in S&P 500 companies in 2020, a study found.