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Jersey and sustainable investing
writes Sophie Reguengo (pictured) of Ogier law firm in Jersey. That said, as the owner of a moody rescue buck of a rex rabbit, I would argue that ‘bunny hugging’ is not for the fainthearted, but I take his point; we need concrete action, not fluffy promises.
So what is Jersey doing in the investment funds space to support funds with an objective to invest sustainably?
A consultation paper relating to sustainable investments was published by the Jersey Financial Services Commission in late 2020 and focused on the potential for mislabelling sustainable investments, a phenomenon most commonly known as greenwashing. The concern is that there is potential for some funds to overstate their sustainability credentials.