The JFSC corporate sustainability disclosure usage survey

Between the 25 February and 6 March 2025:-

• The JFSC will be conducting a short voluntary survey to help them better understand what corporate sustainability disclosure standards are currently being used in the financial services industry. 
• The JFSC have designed the survey to be as short as possible and anticipate it will take on average 5-10 minutes to complete. 

The JFSC are particularly interested in hearing from the following sectors:

1. Deposit-taking business
2. Trust company business (affiliation leaders)
3. Investment business
4. Insurance business (Category B)
5. Money services business
6. Funds (fund services businesses and Jersey collective investment fund companies and unit trusts)

The information from the survey will inform the JFSC sustainable finance consultation later this year, which will focus on ours three lead areas from the Government of Jersey’s Sustainable Finance Action Plan:  

• https://www.gov.je/Industry/Finance/pages/sustainablefinanceplan.aspx

Corporate sustainability disclosures:

• The JFSC will be one of the first international finance centres to adopt a robust and proportionate disclosure framework, aligned to internationally recognised sustainability disclosure standards.

Sustainability risk management:

• The JFSC will embed sustainability risk management obligations within the JFSC regulatory framework, so that the JFSC financial services businesses, in line with the size and scale of their business operations, consider how to manage their sustainability risk exposure (including as to climate risk), therefore enhancing data analysis and operational resilience, ultimately helping to future-proof businesses for the benefit of our local community and the planet.

ESG business integrity risk:

• The JFSC will expand the JFSC existing principles-based anti-green washing measures both at product and at corporate level to ensure business advertising and client services are transparent, well informed and substantiated in the field of sustainability.
• This way Jersey maintains an environment with high market integrity able to promote its services in a fair, clear and effective manner.   

Warning

• The survey should not be interpreted to infer any preference for specific disclosure standards, nor the future Jersey approach to these. 

Additional guidance to the survey questions

• Can be located here: Q1 2025 corporate sustainability disclosure survey https://www.jerseyfsc.org/industry/sustainable-finance/q1-2025-corporate-sustainability-disclosure-survey/

SOURCE

• https://www.jerseyfsc.org/news-and-events/our-corporate-sustainability-disclosure-usage-survey/