Billionaire investor Stephen Lansdown says that more work is
needed to increase confidence in both returns and credibility for
green and sustainable investing to become more mainstream.
The co-founder of Hargreaves Lansdown, a Guernsey resident for
the past nine years, spoke at the launch event for a research
report "Family Offices Financing Sustainability",
published by
Guernsey Finance, which revealed the family office and private
wealth sector is seeking greater confidence in both returns and the
green credentials of investments.
"It's too easy to dismiss sustainability because there
aren't the yardsticks there yet," Mr Lansdown said.
"They are coming, but for those that are already there, you
have to look hard to find them. There are so many things happening
in this sector – how do you sift through it all to get
yourself into a solid portfolio? A yardstick does give you some
comfort."