Poseidon Principles Align Shipping Finance Reporting with Ambitious New IMO Climate Goals
The Poseidon Principles are pleased to announce a significant revision to their framework for evaluating and reporting financial institusions’ shipping porolios’ alignment with climate-related objectives. Following the IMO’s GHG revised strategy adopted during MEPC80 in July 2023, this update signifies the dedication of 30 leading shipping banks to support the maritime sector’s transi:on towards a sustainable, low-carbon future. See the list of 30 Signatories here. From their incep:on, the Poseidon Principles for Financial Ins:tu:ons were designed to be a living framework, evolving con:nually to meet the dynamic challenges of climate ...
Read More »