- The Sustainable Markets Initiative is the world’s ‘go-to’ private sector organization for sustainable transition.
- It was founded in 2020 by His Majesty King Charles III, when he was the The Prince of Wales.
- Fasken has joined in support of their commitment to responsible and sustainable business practices, recognizing the urgent need for credible climate action and the Firm’s responsibility to clients, team members, and the environment.
- The Managing Partner of Fasken says, “Fasken proudly joins the Sustainable Markets Initiative, cementing our commitment to sustainability alongside industry leaders and client partners,” said Martin Denyes, Firm Managing Partner. “This step underscores our dedication to responsible business practices and proactive climate action within the legal community.”
Toronto (Canada) - Fasken is proud to announce that the Firm is now a member of the Sustainable Markets Initiative, the world’s ‘go-to’ private sector organization for sustainable transition. It was founded in 2020 by His Majesty King Charles III when he was The Prince of Wales.
The Sustainable Markets Initiative’s ten-year mandate, known as the Terra Carta, provides an ambitious roadmap for the private sector to accelerate a sustainable future in line with United Nations 2030 targets on climate, biodiversity and the Sustainable Development Goals. Complementing the Terra Carta, the Astra Carta seeks to ensure the sustainability of the growing space economy, including leveraging space-based technologies to improve sustainability on Earth.
Fasken has joined SMI in support of their commitment to responsible and sustainable business practices, recognizing the urgent need for credible climate action and the Firm’s responsibility to clients, team members, and the environment.
As part of this commitment, the Firm is measuring its greenhouse gas (GHG) emissions on an annual basis and reducing these along a science-aligned pathway to achieve net zero Scope 1 and 2 emissions by 2040 from a 2022 baseline. Fasken is also committed to achieving net zero emissions from Purchased Goods and Services by 2050. Significant progress at the Firm also includes the installation of 340 solar panels on the roof of the Johannesburg, South Africa office. With the panels saving approximately 319 tons of CO2 emissions annually; the equivalent to planting 12,281 trees.
“Fasken proudly joins the Sustainable Markets Initiative, cementing our commitment to sustainability alongside industry leaders and client partners,” said Martin Denyes, Firm Managing Partner. “This step underscores our dedication to responsible business practices and proactive climate action within the legal community.”
“The journey towards a sustainable future requires inputs from multiple disciplines, including expertise in the legal and regulatory affairs. That’s why we are delighted that Fasken has joined us on our mission to build a sustainable future for Nature, People and Planet,” said Jennifer Jordan-Saifi, CEO of the Sustainable Markets Initiative.
“We see a sustainable future as ‘The Growth Story of Our Time’, offering unprecedented opportunities for green economic growth, new sustainable industries and job creation. As a global CEO network across industry and finance, the Sustainable Markets Initiative is increasingly sought after by governments to provide a private sector perspective, alongside industry know-how, innovation and investment.”
For more information about the Sustainable Markets Initiative visit sustainable-markets.org
About Fasken
As a premier law firm with over 950 lawyers worldwide, Fasken is where excellence meets expertise. We are dedicated to shaping the future our clients want, precisely when it matters most. For more information, visit fasken.com.
About The Sustainable Markets Initiative
The Sustainable Markets Initiative (SMI) is the world’s go-to private sector organization for sustainable transition; characterized by our unique brand of 'private sector diplomacy'.
With the vision of our founder, His Majesty King Charles III, and our unique convening power, the SMI facilitates action between world leaders and CEOs to position sustainability at the heart of global value creation.
Together, we seek to mobilize the trillions of dollars required to achieve a sustainable future. Investment at this scale requires global systems-level change with a default sustainable orientation across markets, industries and supply chains. Here, our mandates, the Terra Carta and Astra Carta, provide practical private sector trajectories.
The SMI believes that with bold ambition and courageous leadership, we can seize a new era of global prosperity that will last for generations to come. We call this ‘The Growth Story of Our Time’.
Read more: www.sustainable-markets.org
Media Contacts
Fasken
Stephanie Weinstein
Senior Director, Communications
+1 514 397 5152
sweinstein@fasken.com
Sustainable Markets Initiative
Jennifer Smit
Communications Director
j.smit@sustainable-markets.org