Sumitomo Mitsui Trust Bank (SMTB) is the latest financial institution to join the Poseidon Principles. The Principles have been developed by international shipping banks, in collaboration with maritime industry players, to promote greener global shipping.
They establish a common, global baseline to quantitatively assess and disclose whether financial institutions’ ship lending portfolios are in line with decarbonization targets.
The IMO’s initial GHG strategy prescribes that international...
https://safety4sea.com/sumitomo-mitsui-trust-bank-joins-the-poseidon-principles/