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Sustainable Markets Initiative Terra Carta

For Nature, People And Planet….

The Sustainable Leather Foundation is proud to be a founding signatory to the Terra Carta.

As part of the Sustainable Markets Initiative, HRH The Prince of Wales, introduced the ‘Terra Carta’ – a charter that puts sustainability at the heart of the private sector. 

HRH The Prince of Wales’s urgent appeal comes as HRH marks 50 years of campaigning for the environment.

In 2021, marking a year since HRH announced his Sustainable Markets Initiative at Davos, “The ‘Terra Carta’ offers the basis of a recovery plan that puts Nature, People and Planet at the heart of global value creation – one that will harness the precious, irreplaceable power of Nature combined with the transformative innovation and resources of the private sector”.

Speaking at the One Planet Summit in France on 11th January 2021 – HRH The Prince of Wales unveiled the Terra Carta (Earth Charter) – which provides a roadmap to 2030 for businesses to move towards an ambitious and sustainable future; one that will harness the power of Nature combined with the transformative power, innovation and resources of the private sector.

HRH The Prince of Wales is making an urgent appeal to private sector leaders around the world to join this endeavour and to give their support to the Terra Carta.

One of Terra Carta’s actions was initiated at the One Planet Summit in Paris, with the creation of a Natural Capital Investors Alliance targeting $10 billion by 2022.

About The Terra Carta

Deriving its name from the historic Magna Carta, which inspired a belief in the fundamental rights and liberties of people over 800 years ago, the Terra Carta aims to reunite people and planet, by giving fundamental rights and value to Nature, ensuring a lasting impact and tangible legacy for this generation.

You can find out more information by visiting the website here: https://www.sustainable-markets.org/terra-carta/

Terra Carta Charter
Terra Carta Summarium

The Terra Carta Seal

“The Terra Carta Seal recognizes those organizations which have made a serious commitment to a future that is much more sustainable, and puts Nature, People and the Planet at the heart of the economy. We all need to make changes if we are to preserve the planet for our children and grandchildren and these businesses have pledged to make it easier for us all to do so.”

 HIS ROYAL HIGHNESS THE PRINCE OF WALES

In November to coincide with COP26, HRH Prince Charles awarded 45 organisations with the inaugural Terra Carta Seal. Across a range of different activities, all of the recipients have acknowledged the challenges facing our planet and have committed to playing a leading role in accelerating the world’s transition to a sustainable future.

UPDATE: JULY 2022

The SMI has released their July Newsletter, below is a summary of the key articles included. 

  • Commonwealth Heads of Government Meeting 2022 (CHOGM), June 2022: SMI hosted the first ever Terra Carta House at CHOGM, including a two-day events programme for SMI CEOs, CHOGM delegates and High Commissioners. The Terra Carta House held 20 events and welcomed over 400+ persons, including heads of state, ministers, and high commissioners, representing most of the 54 Commonwealth nationalities.

  • Terra Carta Design Lab: On 27th April, to mark International Design Day, the SMI and the Royal College of Art have announced the winners of the Terra Carta Design Lab. Out of 125 original submissions, four teams of the Royal College of Art have been chosen as the winners of the inaugural Terra Carta Design Lab . Winners will receive £50,000 funding to support their project, in addition to mentoring from Sir Jony Ive, Chancellor of the Royal College of Art, and the corporate members of the SMI network.

  • SMI CEO Summit, May 2022: Following the successful SMI CEO Summit of May 2022, new CEO vignettes  have been created and published on social networks. They have being positively received across SMI social media channels. These new vignettes include testimonials of CEOs from Santander Group, Octopus Energy, John Lewis Partnership and State Street.

  • Climate Leadership Awards Hall of Fame: The Climate Leadership Conference and Awards, based in the United States, recognised SMI organisations to be inducted into the Climate Leadership Awards Hall of Fame. These organisations have shown leadership in reducing GHG emissions.

Click here to read the full SMI July Newsletter:

https://www.sustainable-markets.org/newsletter/

 

 

UPDATE: 25th April 2022

 In response to the challenge set by HRH Prince Charles to demystify “obscure and unhelpful language used around the environment” a new Terra Carta case study has been published: ‘A-Zero. A Farmer’s Guide’. This report focuses on breaking free from environmental jargon.

This case study was prepared by The Prince’s Countryside Fund in Partnership with McDonald’s UK and Ireland.

“As a signatory to the Terra Carta, we are pleased to see developments with the introduction of impact reporting available now for dissemination. The latest work is a case study commissioned by the Prince’s Countryside Fund, following HRH Prince Charles’ challenge to demystify sustainability and environmental language for farmers – saying “obscure and unhelpful language used around the environment, creates a barrier to farm businesses and land managers who are trying to make a positive impact”.

This is an area that is sometimes overlooked – the farmers who work the land, raise arable crops and livestock to sustain us are sometimes forgotten by the corporate use of unhelpful language and jargon. Click the link to read the case study and download the A-Zero Guide”.
Click the link below to read more:

https://terracarta.report/case-studies/a-zero

UPDATE:  7th February 2022

SMI published their first newsletter of 2022 which contained some key resources, the most notable being:

  • Terra Carta Impact Report

They also report on:

  • Terra Carta X-Change
  • Carbon Capture, Use & Storage Task Force
  • Technical Advances in Assessing Natural Capital Climate Solutions

You can read the full Newsletter here:

SMI Newsletter

 

UPDATE:  12 June 2021

As part of the Sustainable Markets Initiative, HRH The Prince of Wales met with G7 leaders and Global CEOs to call for coordinated action to tackle climate change and launch the 10 Terra Carta Transition Coalitions. 

As a supporter of SMI’s Terra Carta we welcome the announcement made this week of the 10 Terra Carta Transition Coalitions to drive sustainable investment and industry action. 

The work done this week further enforces the importance of the Terra Carta, which provides a roadmap to 2030 for businesses to move towards an ambitious and sustainable future; one that will harness the power of Nature combined with the transformative power, innovation and resources of the private sector.

For Nature, People And Planet

A Vision Of The Future

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