SMBC Group awarded Sustainable Markets Initiative 2023 Terra Carta Seal
Sumitomo Mitsui Financial Group, Inc. (“SMFG”, together with subsidiaries “SMBC Group”) has been awarded the Sustainable Markets Initiative's 2023 Terra Carta Seal.
The Terra Carta Seal was launched in 2021 at COP26 by His Majesty King Charles III when he was the Prince of Wales. The Seal recognises global companies that are demonstrating their commitment to, and momentum towards, the realization of sustainable society. SMBC Group is one of 17 global companies to have been awarded the Sustainable Markets Initiative's 2023 Terra Carta Seal.
SMBC Group has positioned the ‘creation of social value' as one of the pillars of our management strategy and is committed as a group to realizing sustainability. Moving forward, we will continue to lead the resolution of increasingly complex and expanding social issues, striving even more towards the realization of a sustainable society.
Jennifer Jordan-Saifi, CEO, Sustainable Markets Initiative, said: “The Sustainable Markets Initiative's Terra Carta Seal recognises those companies which are taking great strides in delivering real-world outcomes. As we stand on the eve of COP28, public, private sector and philanthropic actors will come together at the inaugural Business and Philanthropy Climate Forum to bridge the gap between ambition and action. It is examples exemplified by the 2023 Terra Carta Seal winners that are helping to inspire and lead the way.”
About the Terra Carta Seal
Designed by Sir Jony Ive, former chief design officer of Apple Inc., the Terra Carta Seal embodies the vision and ambition of His Majesty King Charles III and the Terra Carta, as a recovery plan for Nature, People and Planet. Sir Jony Ive and his creative team at LoveFrom created a physical and animated seal engineered with paper that is both simple and beautifully crafted. The design combines a host of natural references including oak leaves, fern, magnolia and honeybees and intricate patterns both in nature and in the arts, creating a visual celebration which reflects the power of and reverence for nature that is at the heart of the Terra Carta.
About the Sustainable Markets
Initiative Founded by His Majesty King Charles III in 2020, as Prince of Wales, the Sustainable Markets Initiative has become the world’s ‘go-to’ private sector organisation on transition. Launched in 2021, the Terra Carta serves as the Sustainable Markets Initiative’s mandate with a focus on accelerating positive results for Nature, People and Planet through real economy action.
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