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Westminster Asset Management
Home Business Financial Services

JTC launches virtual Chief Sustainability Officer for ESG strategy and support

April 25, 2022
in Business, Financial Services, Guernsey, Isle of Man, Jersey
Victoria Gillespie
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JTC, the global professional services provider, has launched virtual Chief Sustainability Officer (vCSO), an innovative new service to help clients achieve their environmental, social and governance (ESG) ambitions.

The vCSO offering recognises that many organisations, from fund managers and corporates, to UHNWI and family offices, are struggling to navigate the rapidly evolving ESG landscape and in particular, specific ESG regulatory and reporting requirements.

vCSO allows clients to access the benefits of a professional Chief Sustainability Officer and associated team on a flexible, outsourced basis, reducing the associated overheads. This approach provides clients with the technical knowledge and support that they need to understand, define and implement their own ESG strategy, policies and reporting.

The vCSO service comprises three core pillars: ESG Strategy, ESG Training and carbon support delivered in partnership with Carbon Footprint, one of the world’s leading carbon assurance services.

Victoria Gillespie, Head of ESG Services at JTC, said: “Organisations of all types and sizes know that ESG is crucial  to their success and a sustainable future, but navigating the alphabet soup of standards and regulations is an  immense task. JTC approaches ESG through the lens of its deep expertise in fund, corporate and private client  services and then overlays the latest ESG knowledge on top. We start from the position of understanding a  client’s core business and then through the vCSO service help them to create a bespoke ESG programme that is  tailored to their specific needs.”

Nigel Le Quesne, CEO at JTC, added: “As a FTSE 250 company we understand both the challenges and opportunities that ESG brings and how important it is to get it right. Our vCSO service can help to eliminate the pain and complexity that many organisations experience and instead allow clients to focus on their core  capabilities and long-term objectives, while building the right ESG elements into their strategy. Our focus will be  on the fund, corporate and private client markets, where we have a 34 year track record of delivering client  service excellence.”

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