JTC Americas Debuts Virtual CSO

Platform provides benefits of in-house Chief Sustainability Officer while lowering costs of navigating ESG

SAN JOSE, Calif.--(BUSINESS WIRE)--JTC Americas today announced its virtual Chief Sustainability Officer (vCSO) platform, an innovative new offering to help fund managers, corporations and family offices meet their complex environmental, social and governance (ESG) regulatory and reporting obligations.

vCSO allows clients to access the benefits on an in-house Chief Sustainability Officer and sustainability team on a flexible, outsourced basis. Clients benefit from the technical knowledge and support they need to define and implement tailored ESG strategies, policies and impact reporting.

Implementation of the program starts with JTC Americas’ detailed understanding of clients’ core businesses, which, combined with the vCSO’s intuitive technology, leads to the fast and cost-effective creation of bespoke ESG programs tailored to their specific needs.

“Organizations of all types and sizes know that ESG is crucial to their success and a sustainable future but navigating the alphabet soup of standards and regulations is an immense task,” said Reid Thomas, Managing Director, JTC Americas. “JTC approaches ESG through the lens of its deep expertise in fund, corporate and private client services and then overlays the latest ESG knowledge on top. We start from the position of understanding a client’s core business, and then, through the vCSO service, help them to create a bespoke ESG program that is tailored to their specific needs.”

vCSO is comprised of three core pillars and associated services:

• ESG Strategy: develops, defines and documents customized ESG strategies built around industry best practices and relevant regulations, customized for each client.

• ESG Training: targeted at specific business goals, objectives and current level of ESG knowledge and understanding—such as identifying key principles of responsible investment, deciphering the multitude of ESG acronyms and covering practical ideas for implementation.

• Carbon Support: provides a complete analysis of carbon emissions, and then, through accredited audit partner Carbon Footprint, develops a roadmap to achieve carbon neutral status or Net Zero Carbon.

The announcement from JTC Americas comes in conjunction with the launch of an international vCSO offering from JTC, a worldwide leader in financial administration, of which JTC Americas is the North American Division.

“As a FTSE 250 company we understand both the challenges and opportunities that ESG brings and how important it is to get it right, said Nigel Le Quesne, CEO at JTC. “Our vCSO service can help to eliminate the pain and complexity that many organizations experience and instead allow clients to focus on their core capabilities and long-term objectives while building the right ESG elements into their strategy. Our focus will be on the fund, corporate and private client markets, where we have a 34-year track record of delivering client service excellence.”

About JTC Americas

JTC Americas is the North American division of JTC, a worldwide leader in financial administration with over 1,200 employees across 26 jurisdictions and a 30-year track record in Private Equity, Fund of Funds, Alternatives, Commercial Real Estate, Debt Funds, and much more. JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. JTC Americas works with JTC’s institutional and private clients to provide boutique service with a global reach, allowing US-based clients to expand overseas and international clients to enter US markets. JTC Americas is the industry leader in Specialty Financial Administration, providing bespoke services for markets characterized by high administrative and regulatory complexity, elevated transaction security needs, and challenging compliance requirements. This includes tax-advantaged investments (1031 Exchange, Delaware Statutory Trust), Impact & ESG (EB-5, Opportunity Zones) and alternative investments in the US and abroad (AIFM, ManCo, Fund of Funds). By offering its specialized technology-based solutions to the greater market and combining its boutique feel with JTC’s global reach, JTC Americas can provide an unprecedented level of support and scalability for clients of all sizes. To learn more, visit www.jtcamericas.com.