What is the Greening Jersey Trust?
The Greening Jersey Trust has been established to support environmental recovery and, chiefly, the rewilding of Jersey, through partnership with local charities including the National Trust Jersey and Jersey Trees for Life.
The aim of the initiative is for our financial services industry to collaborate and to pool together resources to help transform and rewild sites across our Island, where the benefits will be seen for years to come. This is not just about planting trees; it is about restoring nature across a range of habitats from woodlands to wildflower meadows and wetlands.
What are the benefits of participating in the Greening Jersey Trust?
The Greening Jersey Trust is an excellent example of how our industry can collaborate to accelerate progress with on-Island sustainable development goals.
Many Jersey Finance Members already make a meaningful difference by supporting local charities in their own right, and we strongly encourage them to continue these valuable contributions. The ambition of the Greening Jersey Trust is to complement these efforts through industry-wide collaboration, enabling us to achieve a greater environmental impact together than any single organisation could do alone. For example, the initiative will provide access to larger and longer-term projects that smaller groups might not otherwise be able to support. It will also provide regular opportunities for participating firms to volunteer and attend events over the coming years and to support the charities longer-term commitments.
All participants will be invited to take part in a number of volunteering opportunities with the charities, making it easy to incorporate these activities into their CSR programmes and engage their employees in meaningful ways. Participants will also be provided with an official Greening Jersey Trust logo and certificate, which can be used showcase their sustainability credentials and commitment to environmental impact.
Significant contributions to this initiative have been provided by Jersey Finance Member firms including Vistra, Walkers and Santander International, who are waiving their fees and providing trustee, legal and banking services.
How do Jersey Finance Members participate in The Greening Jersey Trust?
We are inviting Jersey Finance Members to become participants of this initiative by making an annual contribution. For the first year, the annual contribution will be set at a minimum of £1,000 and will be payable by 31 January 2025. Please note, the annual contribution may rise in future years, but any increase will be reasonable and with adequate notice. There will be an expectation that Members who commit to the initiative will do so for the medium term (minimum of five years is expected).
In time, there will also be opportunities for participating firms to put forward individuals to join the committee members and for corporate service providers to provide the service of trustee to the Trust (open for rotation every two to three years).
To sign up to the initiative:
- Please complete the template agreement to be entered between the Trust and the participating firms. It can be found here.
- Send the completed form to the committee members at GreeningJersey@jerseyfinance.je, who will then review it and arrange for it to be executed.
- The committee will return the executed form to the participating firm, together with the bank account details.
- Once the contribution is received, the certificate and logo will be issued.
For any queries, please contact GreeningJersey@jerseyfinance.je
