Markets working to support sustainable development

Voluntary agreements and partnerships

Green Globe’s International Standard for Sustainable Tourism V1.7

Green Globe’s  International Standard for Sustainable Tourism V1.7 is a certification scheme that requires tourism agencies and businesses to report on their sustainability performance throughout their supply chains. It is designed to bring a competitive advantage to certified companies and encourage consumer demand for green tourism.

The standards are a collection of over 330 compliance indicators that are applied to 41 individual sustainability criteria - these can be divided into four themes:

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Global e-Sustainability Initiative (GeSI)

The Global e-Sustainability Initiative (GeSI) is a voluntary industry-led initiative that brings together over industry partners to address sustainability in the ICT sector.

Launched in 2001 in partnership with UNEP, the Global e-Sustainability Initiative has 5 main areas of work:

REDD+ Partnership

Reducing Emissions from forest Degradation and Deforestation (REDD) is a policy measure for mitigating climate change caused by loss of carbon in forest ecosystems. It uses a carbon emissions-offsetting structure that places an economic value on the safeguarding of forest carbon stocks and provides an incentive for investment in sustainabiity. 

About REDD+

At the UNFCCC conference in Poznan, Poland, negotiators reached a consensus that REDD activities should be broadened. The original two aims were to:

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ICMM: Partnerships for Development

Alliance for Responsible Mining & Fairmined Standard

WWF Global Forest & Trade Network

Established in 1991, the Global Forest & Trade Network (GFTN) is a partnership between different actors in the timber supply chain committed to ensuring a sustainable forest sector, including more than 300 companies, NGOs, communities and entrepeneurs. 

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Ceres Coalition and Principles

The Ceres Coalition of investors, environmental organisations and other public interest groups states it’s mission as: ‘Integrating sustainability into capital markets for the health of the planet and people’. The coalition includes many Fortune 500 companies and is involved in improving the dialogue between multiple stakeholders through engagement and disclosure.

Responsible Care

Responsible Care is a voluntary initiative in the chemical industry which ‘commits companies to work together to continuously improve the health, safety and environmental performance of their products and processes’.

It is managed by the International Council of Chemical Associations (ICCA) which is a membership organisation made up of national associations. Each of the national associations are responsible for implementing the principles of Responsible Care in their countries. 

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