For some years now, for instance, large asset managers have been on something of a journey when it comes to ESG – Larry Fink’s ‘Letter to CEOs’ has become something of benchmark and a wake-up call on the attitudes of managers on ES
WE ARE GUERNSEY Chief Executive Rupert Pleasant added: “The importance of good governance is well understood in Guernsey, and we hope that this guide will help family offices to extend their governance practices to build in sustainability.”
The Guernsey Green Fund, created in 2018, was the world’s first regulated green investment fund product that adopts internationally agreed objectives of COP21, the United National Climate Change Conference.
Huff reserved particular praise for the role Bermuda’s regulator, the Bermuda Monetary Authority, has played in creating an environment in which the industry can innovate and tackle the challenges of climate change.
Sid Sankaran, chairman and chief executive officer of SiriusPoint, said the new company is looking to embed responsible and sustainable practices across all elements of the business.
By way of reinforcing this, he required his portfolio companies to commit to being carbon neutral by 2050 and observed that the most resilient companies through the pandemic had been those with strong environmental, social and governance (ESG) credentials