Guernsey – Reporting Global Developments: Family Offices Financing Sustainability
Published: We Are Guernsey
High-profile protests and campaigns have not managed to significantly mobilise capital from the private wealth and family office sector into green and sustainable finance, according to research from Guernsey Finance.
The sector is increasingly important for attracting investment and although significantly more capital is finding a home in green investments, individuals and family offices appear to be looking for greater confidence in returns and in the green credentials of their investments.
The research, carried out with some 20 family offices and high net worth individuals, with a combined estimated worth of £25 billion, and 50 service providers, in 2019, showed more focus is needed in engagement with investment managers and investors on the aims of green and sustainable finance and the benefits of responsible investing.