The Prince of Wales, Prince Charles, has unveiled the Terra Carta (Earth Charter), which provides a roadmap to 2030 for businesses to move towards an ambitious and sustainable future.
Speaking at the One Planet Summit in Paris, Charles made an urgent appeal to private sector leaders around the world to join this endeavour and to give their support to the Terra Carta.
“Today, I am making an urgent appeal to leaders, from all sectors and from around the world to give their support to this ‘Terra Carta’ – to bring prosperity into harmony with nature, people and planet over the coming decade. I can only encourage, in particular, those in industry and finance to provide practical leadership to this common project, as only they are able to mobilize the innovation, scale and resources that are required to transform our global economy.
“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.”
Welcoming the launch of the Terra Carta, Chief Executive Officer of Bank of America, Brian Moynihan, said, “The Terra Carta is a comprehensive roadmap for the private sector to help drive toward a sustainable future.
“By integrating sustainability into our operating models the private sector can marshal the resources that will be needed to reach the climate, biodiversity and development goals. Prince of Wales’s leadership and commitment has created a spirit of possibility that business leaders are proud to join.”