Guernsey, Europe's leading specialist centre for servicing
private equity, today launched its first voluntary green private
equity principles.
As a new sustainable financial system is being built, their aim
is to bring climate risks and resilience into the heart of private
equity decision making based on better climate disclosure and risk
management. Private equity funds domiciled or administered in
Guernsey have a net asset value of more than £120
billion.
Marshalled by the G20 and created by the private sector, the
Task Force on Climate-related Financial Disclosures (TCFD), a
comprehensive, practical and flexible framework for corporate
disclosure of climate-related risks and opportunities, informs the
overall approach.
