Guernsey's Skipton Int'l receives maximum sustainability rating

Guernsey's Skipton Int'l receives maximum sustainability rating

Skipton International, a Guernsey-based offshore savings and UK buy-to-let mortgage bank, has signed up to the UN's ‘Support the Goals' ESG initiative.

Support the Goals is an initiative established to share stories and business journeys of those supporting the UN Sustainable Development Goals. Just under 500 business globally have now signed up to the programme, with Skipton receiving the maximum four star rating for publically communicating clear and measured targets.

The bank has aligned itself with four of the UN Sustainability Development Goals through the publication of its first Sustainability Report for 2019. The report accompanies the establishment of an environmental policy and is part of a wider commitment to formalise the business' approach to environmental and sustainability issues as it looks to play its part in improving and protecting the world.

As part of its new environmental policy the Guernsey regulated bank has already offset 125% of its carbon footprint from 2019 and has set targets to continue offsetting it's carbon emissions in the future.  

By 2022, Skipton plans to reduce paper consumption by 33% per customer and increase the time its team spend volunteering in the community by 300%. The bank is also committed to help 200 first time buyers into homes every year.

Jim Coupe (pictured), managing director of Skipton International, said: "We are very proud to be releasing this report to the public and our customers as firm evidence of how we plan to be part of positive change in the world.

"These goals will make a tangible difference to the environment and we fully expect them to develop over time. We are incredibly passionate about being an effective corporate citizen and doing good in those communities in which we operate."

In an effort to remain accountable to its customers and consider the interests of all stakeholders, Skipton will be looking to maintain its Feefo Platinum Trusted Service Award which it was awarded this year for consistent and exceptional levels of customer service. Skipton International offer a range of competitive offshore saving accounts and UK buy-to-let mortgages to British expats and non-UK nationals.

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Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.