Buckingham Palace releases statement after King Charles surprising move

King Charles III was all smiles and in good spirits as he welcomed executives and representatives of international government on Tuesday at Hampton Court Palace.

The 76-year-old enjoyed chat with fashion designer Stella McCartney at a Sustainable Markets Initiative event.

The King joked with Stella McCartney about getting her father Sir Paul to perform a gig for him as he inspected projects to solve environmental problems at a sustainability event.

The Palace has shared details of the monarch's visit and engagement at the event on the royal family's social media accounts along with his picture, sating: "The King viewed a ‘Formula E’ electric car during an event marking five years since His Majesty founded the Sustainable Markets Initiative which aims to put nature, people and planet at the heart of global economics."

It continued: "His Majesty joined CEOs and government representatives and indigenous leaders from every corner of the globe at Hampton Court Palace for a summit to set out the economic case for a transition to a sustainable future."

The Palace also released details of the initiatives, which include: 

-- Introduced the Terra Carta: a roadmap for businesses to achieve a sustainable future by 2030, gaining support from over 250 CEOs.

-- Driven change: over 20 industry and financial taskforces are now driving collective action towards sustainable transition.

--  Encouraged collaboration: SMI members have joined forces to accelerate their path to decarbonisation.

-- Laid down challenges to members to have at least one net zero building in their portfolio.

-- Mobilised trillions in investment in clean technologies and the sustainable energy transition.

The SMI was set up by the then Prince of Wales in 2020 to accelerate the world’s transition to a sustainable future.