The award will be specifically linked to an example of innovation provided by the firm as part of its submission. In this context, innovation could be in terms of service, a particular product line, or the development and deployment of new technology that supports sustainable finance. Innovation could relate to the involvement of the firm in the deployment of a particular sustainable financial instrument, transaction or structure, provided that it can be demonstrated that the Jersey firm played a key role on the innovative aspects thereof.
What will the judges be looking for in this category?
This category is designed to reward a firm whose activities reflect the drive to position Jersey as a centre for innovation and quality in relation to sustainable finance, as outlined in the report, Jersey for Good – A Sustainable Future.
In this context, relevant innovation could be in terms of service, a particular product line, amendments to policies, or the development and deployment of new technology-driven solution that supports sustainable finance (e.g., in terms of data and reporting, impact measurement etc.).
Innovation could relate to the involvement of the firm in the deployment of a particular sustainable financial instrument, transaction/fund, or structure, provided that it can be demonstrated that the Jersey firm played a key role in supporting the innovative aspects thereof.
The innovation in question should support the scaling up of sustainable finance, and be part of a wider culture of innovation within the nominated Member firm.
What information should I include on the nomination form?
Nominations should explain and give the example of innovation, detailing its relevance to increasing the deployment of capital to sustainable objectives.
Group-level innovation may be relevant, but only to the extent that this has a demonstrable bearing on the relevant activities conducted by the nominee firm in Jersey. This award can be given to a firm or a team within a firm.