Guernsey's green and sustainable finance infrastructure
continues to develop, with two new developments in recent
weeks.
Commercial lender Sarnia Mutual has launched a new "green
loan" product, offering preferential rates for customers
seeking loans for certain environmentally-friendly products, such
as electric cars and bikes and household insulation.
Separately, Environmental & Social Impact Monitor (ESIM) is
a not-for-profit accreditation service for island businesses,
looking to contribute to Guernsey being recognised as a leading
centre for green and sustainable business and finance. It rates
businesses on environmental and social commitments.
Founder Marc Laine said he intended the new business would
enhance Guernsey's reputation for green finance, provide a
clear opportunity for the island to demonstrate its commitment and
alignment with the UN Sustainable Development Goals, and facilitate
the development of a new advisory and auditing sector which
