New network aims to make finance sector more ‘conscious’

Monday 29 March 2021

A network of 30 financial services leaders is to come together to help Jersey ‘build back better’ from the pandemic with a “more responsible form of capitalism."

The educational initiative – launched by KIT Consulting and the Potting Shed alongside sponsor Rathbone Investment – is designed to inspire the next generation of sustainable finance leaders.

It has been launched in parallel to Jersey Finance’s sustainable finance strategy. 

Participants in the network will be selected from across the island’s financial services industry, ranging from banks to asset managers, corporate service providers to law firms. 

They will benefit from:

• A one-year programme of education and upskilling to build and embed sustainable finance expertise into industry.
• A diverse and inclusive environment to raise questions, share views, express concerns and identify sustainable finance opportunities alongside industry peers.
• An opportunity to shape the direction of the industry and help to build a global centre of excellence for sustainable finance.
• Collaboration with Government and Jersey Finance, acting as a cross-industry think-tank to build the infrastructure and legislative environment required to support our sustainable finance ambition.
• A classroom of leading edge sustainable finance case experience provided by a specialist consulting firm (KIT Consulting), a purpose-led marketing agency (Potting Shed), and their clients and partners around the world.
• An apprenticeship in purpose-led branding and storytelling, helping our next generation of leaders communicate to the world their organisations’ purpose and the value of Jersey as a leading centre for sustainable finance.

 “The Covid-19 recovery is creating an exciting opportunity to reimagine our future and build a more responsible form of capitalism,” Founder and CEO of KIT Consulting, Dr. Emiko Caerlewy-Smith, said.

“For Jersey this presents a number of risks and opportunities. As an international finance centre, we have the need, responsibility and opportunity to become more environmentally and socially conscious, and to have positive global impact. KIT works with clients in this space on a daily basis.

“The Jersey #BuildBackBetter programme enables us to contribute our knowledge, skills and experience to inspire, educate and build the core principles of sustainable finance into Jersey’s next generation of financial services leaders.”

Jersey Finance CEO Joe Moynihan added:“The Jersey #BuildBackBetter programme is highly supportive of the Jersey Finance Sustainable Finance initiative. Engaging across the industry, at all levels and involving all key stakeholders is essential to build our long term Sustainable Finance ambitions for Jersey. Education and skills development is a key component of our strategy.”