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Prince Charles transcends carbon in new green alliance

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Prince Charles has joined forces with banking giant HSBC and Australian green finance guru Martijn Wilder's firm Pollination to launch a new initiative that aims to bring the novel asset class of "natural capital" into the investment mainstream.

The Prince of Wales, a long-time environmental campaigner, has also unveiled a charter, known as the Terra Carta or "Earth Charter", that asks corporate and financial signatories to adopt a radically sustainable approach to business that looks beyond just carbon emissions.

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James Fernyhough writes about telecommunications, insurance and financial services. He's based in the AFR's Melbourne office. Connect with James on Twitter. Email James at james.fernyhough@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/prince-charles-transcends-carbon-in-new-green-alliance-20210111-p56t9v