Updates

Michelle Ryan
Commercial Director of True Limited

Channel Island partnership to monitor Global Environmental Sustainability

True Limited are delighted to announce our appointment by Environmental & Social Impact Monitor (ESI Monitor) as their exclusive partner in Jersey.

ESI Monitor is dedicated to facilitating and rewarding environmental sustainability within the business sector across multiple countries and jurisdictions around the world. Through their proprietary technology ESI provide businesses simple but effective tools to begin their sustainable journey. The company have staff based in London, Brisbane, Guernsey and Alderney with around sixty clients worldwide including four major legal and accountancy corporates in Jersey already.

Michelle Ryan will be heading up activity in Jersey. With an 18 year career in Private Banking, both in Jersey and London, Michelle has gained significant technical expertise as well as a comprehensive network of industry connections. She brings this experience to her role as Commercial Director of True Limited, focussing on enabling clients to access and interpret comprehensive information on their businesses and investments to enable their sustainable
ambitions.

Marc Laine, the founder of ESI Monitor, said “as the Channel Islands aspire to protect and enhance their economies and international reputations by developing expertise in the green economy and green finance, it will be a prerequisite for island businesses to develop their operational green performance credentials and develop tools to service new opportunities such as green finance. We are clear that to earn a slice of the fifty trillion green finance opportunity over the next five years, jurisdictions and the companies participating will need to develop evidenced environmental credentials based on measurement, minimisation, management, benchmarking and disclosure of environmental impact.

True Limited are a perfect partner for ESI Monitor as they have developed Environmental, Social and Governance (ESG) reporting tools for investors and are committed to enhancing ESG performance for both investors and businesses alike”.

James Painter, Director of True Limited, said “Net zero carbon by 2030 is a commendable target for Jersey and local businesses will need to play a major role in its achievement. I am delighted that this relationship with ESIM provides us with the opportunity to work with all Jersey’s businesses to assist them in doing their part to achieve the 2030 net zero ambition”.

Investing for a
Low-Carbon World

Mark Leach
Partner, Portfolio Manager
James Hambro & Partners

Investors abandoning fossil fuel stocks need to recognise that obvious low-carbon alternatives, like wind farm companies, carry their own valuation risks, James Hambro & Partners (JH&P) has warned.

JH&P Portfolio Manager, Mark Leach, speaking during a low-carbon world webinar organised by the wealth manager, said: “Investment managers are moving aggressively away from carbon-intensive stocks and into the renewable sector, mainly because of the pressure being put on them by their clients and investors.

Stronger Commitment

Catch up with James on ESG trends this Friday

On Friday (27th) at 12:00 GMT, PCD is bringing a discussion on the latest trends in #ESG Investing, sponsored by Waverton Investment Management. We are profiling all our speakers in coming days, continuing with James Painter at Concentric Financial Services Limited in #Jersey.

James is a co-founder of Concentric and a Director of the business, heading up our strategic partnership with the Managed Portfolio Indices where he is a Director. James was previously a co-founder and CEO of Enhance Group in 2005, following senior roles in trust, investment management and private banking. James remains a shareholder within Enhance Group, and sits on their Board as a Non-Executive Director.
At Enhance James was an early adopter of FinTech to optimise efficient and cost-effective investment reporting services to the fiduciary sector. James is a Chartered Fellow of the Chartered Institute for Securities and Investment, and has extensive experience within the financial services industry.

Seeing Opportunity

Andy Grimbly
2ndPwC Partner – Private Equity Leader for PwC in the South East
 

Within the deals world, ESG has ebbed and waned as a priority in recent years. Are we seeing an opportunity for governments and businesses to make a stronger commitment to ESG? Our latest @PwC_UK #ValueCreation blog explores why we think ESG will increasingly become a vital part of deals.

Still on the agenda

So encouraging to see that the climate agenda has not fallen by the wayside in the wake of Covid, Brexit and economic difficulties. As the article highlights, it’s often a lack of information and usable insights that stymie companies and investors, preventing fast decision making. A problem worth solving in my book and one we are addressing for both businesses and investors alike.

Regulations Rising

ESG Regulations are rising, are you ready? This article provides oversight of the key changes and measures advisors need to be aware of.