Sustainable Markets Initiative
Building a Sustainable Future
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For Nature, People, and Planet
For more than five decades, His Majesty King Charles III has been a champion for the fight against climate change and biodiversity loss.
The Sustainable Markets Initiative was launched by His Majesty King Charles III, when he was Prince of Wales, in 2020 at the World Economic Forum’s Annual Meeting in Davos. As the ‘go-to’ global private sector organisation on sustainable transition, the Sustainable Markets Initiative’s power to convene top organisations from industry and the financial services, alongside governments, is key to innovating, accelerating and delivering on a just, sustainable and prosperous future.
The Sustainable Markets Initiative’s mandate, better known as the Terra Carta, has a mission to build a coordinated global effort to enable the private sector to accelerate the achievement of global climate, biodiversity and Sustainable Development Goal targets. The Terra Carta was launched in 2021 at the One Planet Summit and reflects a set of guiding principles and bold actions to 2030 - putting Nature, People and Planet at the heart of global value creation. Read more.
Making an Impact
66
Global companies awarded with Terra Carta Seal
20
CEO-led Task Forces
180+
Global CEO Task Force members
3
Country Councils
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Latest news
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Press release from the Sustainable Markets Initiative 28 September 2023 The Sustainable Markets Initiative’s Terra Carta Design Lab returns to find student led, high impact solutions to the climate crisis
This year the schools taking part in the challenge are Dubai Institute of Design and Innovation (UAE), National Institute of Design Ahmedabad (India), Rhode Island School of Design (USA) and the Royal College of Art (UK).
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Lloyd's Press Release 20 September 2023 United Nations Capital Development Fund and Sustainable Markets Initiative Insurance Task Force partner to scale insurance access for climate-vulnerable countries
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Press release from the SMI 08 September 2023 Sustainable Markets Initiative Announces 2023 Terra Carta Seal Expert Review Panel
The seven distinguished panellists will work with Verdantix to evaluate nominations and assess their alignment with the ten Terra Carta articles.
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Announcement from the Sustainable Markets Initiative 20 July 2023 Open Letter to suppliers published by members of the Sustainable Markets Initiative Health Systems Task Force
Signed by the CEOs of AstraZeneca, GSK, Merck, Novo Nordisk, Sanofi, Samsung Biologics, and the Chairman of Roche, the Health Systems Task Force is calling on suppliers to commit to joint, minimum climate and sustainability targets.
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Press release from the SMI 28 June 2023 Sustainable Markets Initiative Launches Astra Carta
Building Momentum for Space Sustainability in the Private Sector
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Press release from the SMI 20 June 2023 Sustainable Markets Initiative's Blended Finance Task Force Announces Task Force Members
Focused on mobilizing additional private capital, scaling investment and reducing risk
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