Guernsey to launch green investment fund product (Property Funds World)

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Guernsey is set to launch what it says will be the world’s first regulated green investment fund product following the publication of a set of draft rules by the island’s financial services regulator, the Guernsey Financial Services Commission.

Fund managers will be able to apply for a green label for their funds if they can demonstrate compliance with defined green rules. The system will be open to all types of new and existing funds, authorised, registered, Guernsey Private Investment Funds, open-ended and closed-ended, with different levels of certification available.

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In the midst of a global pandemic, Apple announced one of the corporate world’s most ambitious environmental blueprints – to reduce the climate impact of every Apple device to net zero by 2030. The plan involves cutting 75 per cent of the company’s existing carbon footprint, not only for its own business but also across the manufacturing supply chain and product life cycle.

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