Sovereign Guernsey commits to environmental sustainability and green finance
Sovereign Trust (Channel Islands) Limited, the Guernsey operation of the Sovereign Group, has signed up to ESI Monitor’s Environmental Business Operations Award and Standard further evidencing its commitment to help develop Guernsey as a centre for green finance and as a recognised leader in sustainable business.
The ESIM Award was introduced last year. It incorporates the previous Keep Guernsey Green Award (KGGA) standards in relation to effective waste and energy management and expands them to encompass broader sustainability criteria and mitigation actions that serve to align it with government priorities relating to the conservation, protection and enhancement of the environment.
The award provides a robust framework to assess a range of factors that affect the environmental footprint of a business, including energy use, waste management and travel policies, and serves as an environmental management system for businesses to measure, manage, minimise and continually improve their operational environmental credentials.
Accreditation takes place over a five-step modular process with ESI Monitor (https://esimonitor.org/) independently verifying the results in order for organisations to understand their carbon footprint and success in implementing its environmental policy commitments.
Sovereign Trust Director Sean Gillease said: “Environmental, Social and Governance (ESG) criteria have formed part of the decision making process for our business for some time. Matters such as office waste, printer and PC usage, on-site parking and business travel, to name just a few, have all been considered recently in respect of their environmental impact and sustainability.
“These ESG criteria have been incorporated alongside the active Corporate Social Responsibility (CSR) efforts already being actively undertaken by Sovereign in Guernsey. Sovereign is committed to managing its environmental impact in the long term and ESI Monitor’s Environmental Business Operations Award is a great way to help us ensure we incorporate this into all areas of the business.”