Read our sustainable finance consultation feedback

On 27 May 2025, we issued our consultation on proposals regarding sustainable finance making proposals in relation to two of our lead actions in Jersey’s Sustainable Finance Action Plan.

We asked you for feedback on our proposed enhancements to the Codes of Practice and notes relating to: 

• integration of sustainability-related risks into governance, risk management and internal systems and controls
• enhancement of anti-greenwashing measures to ensure sustainability-related claims are fair, clear and substantiated

There was strong support for the proposed Code enhancements in relation to business integrity risks (anti-greenwashing).

Feedback also acknowledged that the Codes already placed a clear obligation on firms to manage risks, but there was a clear desire for greater understanding of our expectations on sustainability within the existing framework. Guidance allows us to explain this more clearly and practically.

Next steps

Following your feedback, we will:

• publish a sustainable finance guidance note
• revise Code provisions on anti-greenwashing

A sustainable finance guidance note, covering sustainability-related risks and business integrity risks, will be published in Q1 2026. Revised Code provisions on anti-greenwashing will follow a one-year transition period, with full implementation by Q1 2027.

To support this process and ensure the guidance meets the needs of our local finance industry, we will work with you on its development before publication and the start of the transition period.

Read our full feedback on proposals regarding sustainable finance.